SHIPSTA

Luxembourg, Luxembourg Founded: 2015 • Age: 11 yrs Acquired By Freightos
Cloud-based software for freight forwarding and transport streamlining is offered.
Annual revenue - Latest available
Total funding $10.0M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About SHIPSTA

SHIPSTA is a company based in Luxembourg (Luxembourg) founded in 2015 by Jurgen Leger and Christian Wilhelm was acquired by Freightos in August 2024. SHIPSTA has raised $10 million across 2 funding rounds from investors including Freightos, RTP Global and Tricap Investments. SHIPSTA offers products and services including Rate Management, Freight Tendering, Spot Tendering, Autoprocure, and Sustainability Tools. SHIPSTA operates in a competitive market with competitors including Transporeon, Alpega Group, Winmore, Haulistix and TenderEasy, among others.

  • Headquarter Luxembourg, Luxembourg
  • Founders Jurgen Leger, Christian Wilhelm
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10 M (USD)

    in 2 rounds

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

    Mar 31, 2022

  • Investors
    Freightos

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Freightos

    (Aug 19, 2024)

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Products & Services of SHIPSTA

SHIPSTA offers a comprehensive portfolio of products and services, including Rate Management, Freight Tendering, Spot Tendering, Autoprocure, and Sustainability Tools.

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Primary

Manages freight rates digitally for analysis and decisions

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Enhances efficiency in freight procurement processes

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Facilitates quick spot rate requests and awards

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Powers smart procurement with real-time data

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Integrates criteria for optimizing carbon emissions

Funding Insights of SHIPSTA

SHIPSTA has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in March 2022. 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.

Investors in SHIPSTA

SHIPSTA has secured backing from 5 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Freightos, RTP Global and Tricap Investments.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on early-stage technology companies
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Venture capital investments are directed toward tech sectors.
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Tricap Investments is engaged in diversified principal investment activities.
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Investor details for SHIPSTA

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Investments & Acquisitions by SHIPSTA

Investments
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Investment portfolio details for SHIPSTA

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Financial Statements - SHIPSTA

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Detailed financials for SHIPSTA

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Shipsta Comparisons

SHIPSTA Primary company
Description
Cloud-based software for freight forwarding and transport st...
Location
Luxembourg, Luxembourg
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for SHIPSTA

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Competitors of SHIPSTA

SHIPSTA 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 Transporeon, Alpega Group, Winmore, Haulistix and TenderEasy, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based transport management solutions are provided for logistics enterprises.
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Web-based transportation management solutions are provided by Alpega Group.
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Cloud-based bid and tender management software is provided for logistics.
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Freight services are enabled by machine learning for logistics management.
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Freight management tool for transport sourcing and spot bidding
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Detailed competitors of SHIPSTA

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Latest news on Shipsta

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Complete news archive for SHIPSTA

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Frequently Asked Questions about SHIPSTA

SHIPSTA was founded in 2015 and raised its 1st funding round 4 years after it was founded.

SHIPSTA is headquartered in Luxembourg, Luxembourg.

Christian Wilhelm is the current CEO of SHIPSTA. They have also founded this company.

SHIPSTA is a funded company, having raised a total of $10M across 2 funding rounds to date.

SHIPSTA was founded in 2015 in Luxembourg, Luxembourg, within the logistics and transportation sector. Cloud-based solutions are provided to manage freight forwarding processes, including carrier sourcing for ad-hoc transports and benchmarking against market data for decision support. Services encompass freight rates management, transport oversight, procurement, tendering for freight and spot needs, and a freight calculator. Operations focus on enhancing efficiency in global supply chains.

SHIPSTA's top competitors include Transporeon, Alpega Group and Winmore.

SHIPSTA offers Rate Management, Freight Tendering, Spot Tendering, Autoprocure, and Sustainability Tools.

SHIPSTA has 5 investors. Key investors include Freightos, RTP Global, Tricap Investments, Chris Kirchner, and Mangrove Capital Partners.

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