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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of SHIPSTA
SHIPSTA offers a comprehensive portfolio of products and services, including Rate Management, Freight Tendering, Spot Tendering, Autoprocure, and Sustainability Tools. 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.
Manages freight rates digitally for analysis and decisions
Enhances efficiency in freight procurement processes
Facilitates quick spot rate requests and awards
Powers smart procurement with real-time data
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $10.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - SHIPSTA | Valuation | Tricap | |
| Jun, 2019 | Amount | Seed - SHIPSTA | Valuation | RTP Global , Mangrove Capital 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 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. 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 |
|---|---|---|---|---|
|
Venture capital firm focused on early-stage technology companies
|
Founded Year | Domain | Location | |
|
Venture capital investments are directed toward tech sectors.
|
Founded Year | Domain | Location | |
|
Tricap Investments is engaged in diversified principal investment activities.
|
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 SHIPSTA
| 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 - SHIPSTA
| 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 |
Shipsta Comparisons
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. 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-based transport management solutions are provided for logistics enterprises.
|
|
| domain | founded_year | HQ Location |
Web-based transportation management solutions are provided by Alpega Group.
|
|
| domain | founded_year | HQ Location |
Cloud-based bid and tender management software is provided for logistics.
|
|
| domain | founded_year | HQ Location |
Freight services are enabled by machine learning for logistics management.
|
|
| domain | founded_year | HQ Location |
Freight management tool for transport sourcing and spot bidding
|
| 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 Shipsta
Frequently Asked Questions about SHIPSTA
When was SHIPSTA founded?
SHIPSTA was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is SHIPSTA located?
SHIPSTA is headquartered in Luxembourg, Luxembourg.
Who is the current CEO of SHIPSTA?
Christian Wilhelm is the current CEO of SHIPSTA. They have also founded this company.
Is SHIPSTA a funded company?
SHIPSTA is a funded company, having raised a total of $10M across 2 funding rounds to date.
What does SHIPSTA do?
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.
Who are the top competitors of SHIPSTA?
SHIPSTA's top competitors include Transporeon, Alpega Group and Winmore.
What products or services does SHIPSTA offer?
SHIPSTA offers Rate Management, Freight Tendering, Spot Tendering, Autoprocure, and Sustainability Tools.
Who are SHIPSTA's investors?
SHIPSTA has 5 investors. Key investors include Freightos, RTP Global, Tricap Investments, Chris Kirchner, and Mangrove Capital Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.