About Portrix Logistic Software
Portrix Logistic Software is a company based in Hamburg (Germany) founded in 2010 was acquired by Descartes in May 2021.. The company has 28 employees as of December 31, 2021. Portrix Logistic Software offers products and services including Global Price Management, EDI Messaging, Customs Compliance, and Shipment Management. Portrix Logistic Software operates in a competitive market with competitors including Xeneta, Cargofive, WebCargo, Freightcrate and CargoSphere, among others.
- Headquarter Hamburg, Germany
- Employees 28 as on 31 Dec, 2021
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Portrix Logistic Software Gmbh
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Products & Services of Portrix Logistic Software
Portrix Logistic Software offers a comprehensive portfolio of products and services, including Global Price Management, EDI Messaging, Customs Compliance, and Shipment Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates transport rates and pricing for logistics providers
Enables electronic data interchange for business transactions
Manages declarations and duty determination for trade
Handles tracking and optimization of shipments
Funding Insights of Portrix Logistic Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Portrix Logistic Software
Portrix Logistic Software has secured backing from 1 investor. Prominent investors backing the company include Descartes. 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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Cloud-based solutions for transportation and supply chain management are offered.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Portrix Logistic Software
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Portrix Logistic Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Portrix Logistic Software Comparisons
Competitors of Portrix Logistic Software
Portrix Logistic Software 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 Xeneta, Cargofive, WebCargo, Freightcrate and CargoSphere, 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 |
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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 |
Cloud based automation and freight rate optimization software for freight forwarders
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| domain | founded_year | HQ Location |
Provides freight sales management solutions for forwarders, airlines, and ocean liners.
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| domain | founded_year | HQ Location |
Provider of freight rate management solutions
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| domain | founded_year | HQ Location |
Rate and carrier management software is provided for freight forwarding.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Portrix Logistic Software
Frequently Asked Questions about Portrix Logistic Software
When was Portrix Logistic Software founded?
Portrix Logistic Software was founded in 2010.
Where is Portrix Logistic Software located?
Portrix Logistic Software is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
How many employees does Portrix Logistic Software have?
As of Dec 31, 2021, the latest employee count at Portrix Logistic Software is 28.
What does Portrix Logistic Software do?
Portrix Logistic Software was founded in 2010 in Hamburg, Germany. Solutions are offered for the freight transportation sector, focusing on rate management and compliance tools. The GPM product is designed for global freight rate handling, including allocation, quotation, ocean schedules, and reporting functions. The VGM Portal serves as an online platform for SOLAS VGM compliance, with integrations to 53 carriers via EDIFACT, SOAPXML, or RESTful services.
Who are the top competitors of Portrix Logistic Software?
Portrix Logistic Software's top competitors include Xeneta, Cargofive and CargoSphere.
What products or services does Portrix Logistic Software offer?
Portrix Logistic Software offers Global Price Management, EDI Messaging, Customs Compliance, and Shipment Management.
Who are Portrix Logistic Software's investors?
Portrix Logistic Software has 1 investor. Key investors include Descartes.