About Portcast
Portcast is a company based in Singapore (Singapore) founded in 2017 by Nidhi Gupta.. Portcast has raised $9.7 million across 3 funding rounds from investors including Hearst, Wavemaker Partners and SIG Venture Capital. Portcast operates in a competitive market with competitors including FreightWaves, Xeneta, Portchain, ShipNEXT and OOCL, among others.
- Headquarter Singapore, Singapore
- Founders Nidhi Gupta
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Portcast Pte. Ltd
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Annual Revenue
$901.18 K (USD)-5as on Dec 31, 2023
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Net Profit
$-1.31 M (USD)-32as on Dec 31, 2023
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EBITDA
$-1.31 M (USD)-32as on Dec 31, 2023
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Total Equity Funding
$9.7 M (USD)
in 3 rounds
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Latest Funding Round
$6.5 M (USD), Series A
Nov 18, 2024
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Investors
Hearst
& 11 more
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Employee Count
Employee Count
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Funding Insights of Portcast
Portcast has successfully raised a total of $9.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $6.5M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series A - Portcast | Valuation | SIG Venture Capital | |
| Sep, 2021 | Amount | Seed - Portcast | Valuation | Newtown Partners | |
| Nov, 2018 | Amount | Seed - Portcast | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Portcast
Portcast has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Hearst, Wavemaker Partners and SIG Venture Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on seed and late stage investments
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Founded Year | Domain | Location | |
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Founded Year | Domain | Location | |
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TMV is engaged in venture capital investments for transformative startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Portcast
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Portcast
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Portcast Comparisons
Competitors of Portcast
Portcast operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FreightWaves, Xeneta, Portchain, ShipNEXT and OOCL, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform offering logistics-related news
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| domain | founded_year | HQ Location |
Provider of a freight rate market management platform
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| domain | founded_year | HQ Location |
Port operations are managed via an AI and cloud-based platform.
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| domain | founded_year | HQ Location |
Provider of AI, web, and blockchain-based digital shipping marketplace and a reverse trading platform
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| domain | founded_year | HQ Location |
Ocean cargo services are booked through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Portcast
Frequently Asked Questions about Portcast
When was Portcast founded?
Portcast was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Portcast located?
Portcast is headquartered in Singapore, Singapore.
Who is the current CEO of Portcast?
Nidhi Gupta is the current CEO of Portcast. They have also founded this company.
Is Portcast a funded company?
Portcast is a funded company, having raised a total of $9.7M across 3 funding rounds to date.
What is the annual revenue of Portcast?
Annual revenue of Portcast is $901.18K as on Dec 31, 2023.
What does Portcast do?
Portcast was founded in 2017 in Singapore. A predictive supply chain visibility platform is offered, delivering real-time transportation visibility and analytics. Services focus on improving logistics and operations for global shippers, logistics service providers, and LogTech companies. The software supports port management and analytics in the supply chain sector, with operations centered in Asia and extending to international clients.
Who are the top competitors of Portcast?
Portcast's top competitors include FreightWaves, Xeneta and OOCL.
Who are Portcast's investors?
Portcast has 12 investors. Key investors include Hearst, Wavemaker Partners, SIG Venture Capital, TMV, and Innoport.