About Shipwell
Shipwell is a company based in Austin (United States) founded in 2016. Shipwell has raised $47.08 million across 3 funding rounds from investors including Fifth Wall, Georgian and Global Founders Capital. The company has 127 employees as of December 31, 2022. Shipwell offers products and services including TMS Platform, Load Optimization, Settlements, Pricing Intelligence, and Visibility. Shipwell operates in a competitive market with competitors including Freight Tiger, Logospot, Transporeon, 3GTMS and MercuryGate, among others.
- Headquarter Austin, United States
- Employees 127 as on 31 Dec, 2022
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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 Shipwell, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$47.08 M (USD)
in 3 rounds
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Latest Funding Round
$35 M (USD), Series B
Oct 24, 2019
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Investors
Fifth Wall
& 8 more
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Employee Count
127
as on Dec 31, 2022
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Products & Services of Shipwell
Shipwell offers a comprehensive portfolio of products and services, including TMS Platform, Load Optimization, Settlements, Pricing Intelligence, and Visibility.
Manages planning, shipping, and automation for logistics operations
Optimizes freight costs for efficient truckload shipments
Automates invoice reconciliation for accurate financial handling
Provides real-time rates for informed pricing decisions
Offers real-time tracking and ETAs for proactive management
People of Shipwell
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Funding Insights of Shipwell
Shipwell has successfully raised a total of $47.08M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in October 2019. 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 Shipwell
Shipwell has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Fifth Wall, Georgian and Global Founders Capital.
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Investments are made in early-stage tech startups by Fifth Wall.
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Venture capital firm focused on early-stage startups
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Investing in early-stage tech companies and ideas.
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Investor details for Shipwell
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Investments & Acquisitions by Shipwell
Investment portfolio details for Shipwell
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Financial Statements - Shipwell
Detailed financials for Shipwell
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Shipwell Comparisons
Peer comparison for Shipwell
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Competitors of Shipwell
Shipwell 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 Freight Tiger, Logospot, Transporeon, 3GTMS and MercuryGate, among others.
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Freight and logistics are managed via web-based platform.
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SaaS-based transport management solutions are provided by LogiSpot.
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Cloud-based transport management solutions are provided for logistics enterprises.
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Transportation management systems are provided for third-party logistics firms.
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Cloud-based transportation management systems are provided for multimodal logistics.
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Detailed competitors of Shipwell
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Latest news on Shipwell
Complete news archive for Shipwell
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Frequently Asked Questions about Shipwell
Shipwell was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Shipwell is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Shipwell is a funded company, having raised a total of $47.08M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Shipwell is 127.
Shipwell provides an online booking platform for FTL and LTL shipments. Customers can use the platform to compare, book, monitor, and management of invoices for shipments. Carriers can manage their fleet, dispatch and manage documents and finances on the platform. It claims to have 85 LTL and 100K FTL carriers as of June 2017. It also provides a mobile application for drivers.
Shipwell's top competitors include Freight Tiger, Descartes and Logospot.
Shipwell offers TMS Platform, Load Optimization, Settlements, Pricing Intelligence, and Visibility.
Shipwell has 9 investors. Key investors include Fifth Wall, Georgian, Global Founders Capital, BoxGroup, and Aspect Ventures.