project44

Austin, United States Founded: 2013 • Age: 13 yrs Acquired By Project44
AI-based shipping management solutions are provided for retailers.
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About project44

project44 is a company based in Austin (United States) founded in 2013 by Carson Krieg was acquired by Project44 in September 2021. It operates as a SaaS (Software-as-a-Service), and AI-as-a-Service. project44 has raised $28.39 million across 5 funding rounds from investors including Project44, Techstars and NextGen Capital. project44 offers products and services including Movement, Transportation Management System, Visibility, Yard Management System, and eCommerce Logistics. project44 operates in a competitive market with competitors including Bringg, OnFleet, LetsTransport, Paxel and Locus, among others.

  • Headquarter Austin, United States
  • Founders Carson Krieg
  • Sectors
    Technology
    Transportation, Automotive & Logistics Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Convey, Inc.
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $28.39 M (USD)

    in 5 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Jun 19, 2018

  • Investors
    Project44

    & 7 more

  • Employee Count
    Employee Count
  • Acquired by
    Project44

    (Sep 21, 2021)

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Products & Services of project44

project44 offers a comprehensive portfolio of products and services, including Movement, Transportation Management System, Visibility, Yard Management System, and eCommerce Logistics. 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.

Primary

Real-time visibility is provided for supply chain decisions.

Freight procurement and execution are managed with analytics.

Inventory visibility is offered across all transport modes.

Yard operations are automated with real-time data insights.

Last-mile delivery experience is enhanced with real-time visibility.

People of project44
Headcount 500-1000
Employee Profiles 142
Employee Profiles
People
Jett McCandless
CEO & Founder
People
Partha Ramachandran
Chief Technology Officer
People
Hosai I.
Senior Manager, Finance & Strategy
People
Weronika Trzaska
Manager, Fp&a

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Funding Insights of project44

project44 has successfully raised a total of $28.39M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in June 2018. 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 Rounds 5
  • Last Round Series B — $10.0M
  • First Round

    (31 Dec 2014)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2018 Amount Series B - project44 Valuation NextGen Capital
Aug, 2017 Amount Series B - project44 Valuation RPM Ventures
Jun, 2016 Amount Series A - project44 Valuation Silverton Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in project44

project44 has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Project44, Techstars and NextGen 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech companies are funded through venture capital by Silverton Partners.
Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Seed & early stage VC firm investing in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by project44

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - project44

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Project44 Comparisons

Employees
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Competitors of project44

project44 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 Bringg, OnFleet, LetsTransport, Paxel and Locus, 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
Cloud and AI-based delivery management solutions are provided.
domain founded_year HQ Location
Cloud-based software is utilized for last-mile delivery management.
domain founded_year HQ Location
Platform offering customised logistic solutions to enterprises
domain founded_year HQ Location
Solutions for last-mile delivery management are provided through mobile applications.
domain founded_year HQ Location
Last-mile delivery software is optimized for automation and logistics analysis.
domain founded_year HQ Location
Technologies for self-driving vehicle transportation ecosystems are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Project44

Frequently Asked Questions about project44

When was project44 founded?

project44 was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is project44 located?

project44 is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Is project44 a funded company?

project44 is a funded company, having raised a total of $28.39M across 5 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Dec 31, 2014.

What does project44 do?

A comprehensive decision intelligence platform is offered by project44 for modern supply chain management. Real-time visibility and actionable insights are provided across all transportation modes and geographies. Solutions are tailored for shippers, logistics service providers, and various industries including automotive, chemical, food beverage, manufacturing, life sciences, and retail. AI-powered tools are integrated to predict disruptions, enhance data quality, and automate exception management. Global operations are supported with a network covering 184 countries, managing over 1.5 billion shipments annually. Transportation management, yard management, and eCommerce logistics solutions are also delivered to optimize efficiency and reduce costs.

Who are the top competitors of project44?

project44's top competitors include Bringg, Locus and OnFleet.

What products or services does project44 offer?

project44 offers Movement, Transportation Management System, Visibility, Yard Management System, and eCommerce Logistics.

Who are project44's investors?

project44 has 8 investors. Key investors include Project44, Techstars, NextGen Capital, Silverton Partners, and RPM Ventures.

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