SimpliShip

Boston, United States Founded: 2014 • Age: 12 yrs Acquired By Magaya Corporation
Freight marketplace between shippers and FFs, NVOCCs
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About SimpliShip

SimpliShip is a company based in Boston (United States) founded in 2014 was acquired by Magaya Corporation in September 2021.. SimpliShip offers products and services including Magaya Digital Freight Portal, Magaya Supply Chain, Magaya Customs Compliance, Magaya CRM, and Magaya Rate Management. SimpliShip operates in a competitive market with competitors including Echo Global Logistics, Transfix, uShip, Uber Freight and BlackBuck, among others.

  • Headquarter Boston, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Magaya Corporation
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Magaya Corporation

    (Sep 09, 2021)

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Products & Services of SimpliShip

SimpliShip offers a comprehensive portfolio of products and services, including Magaya Digital Freight Portal, Magaya Supply Chain, Magaya Customs Compliance, Magaya CRM, and Magaya Rate 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.

Primary

Branded platform for online freight quotations, bookings, and tracking.

Software for optimizing shipping, receiving, and warehousing workflows.

Cloud-based tool for customs brokers and self-filers.

Platform for managing leads, contacts, and customer interactions.

Tool for searching rates, managing margins, and preparing quotes.

Funding Insights of SimpliShip

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 SimpliShip

SimpliShip has secured backing from 1 investor. Prominent investors backing the company include Magaya Corporation. 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
Investor Description Founded Year Domain Location
Cloud-based supply chain and logistics software is offered to businesses.
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 SimpliShip

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 - SimpliShip

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

Simpliship Comparisons

Employees
+
Add Comparison
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Competitors of SimpliShip

SimpliShip 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 Echo Global Logistics, Transfix, uShip, Uber Freight and BlackBuck, 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
Technology-enabled supply chain and transportation services are provided to enterprises.
domain founded_year HQ Location
Offers a marketplace providing on-demand load matching and freight booking services
domain founded_year HQ Location
Global online marketplace for freight and vehicle shipping is facilitated.
domain founded_year HQ Location
Trucking carriers are matched with shippers via an online marketplace.
domain founded_year HQ Location
Fleet operators are connected with truckers through a digital marketplace.
domain founded_year HQ Location
Trucking services are booked via an online marketplace platform.
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 Simpliship

Magaya Acquires Qwyk and SimpliShip
Prweb4 years ago

Frequently Asked Questions about SimpliShip

When was SimpliShip founded?

SimpliShip was founded in 2014.

Where is SimpliShip located?

SimpliShip is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

What does SimpliShip do?

Simpliship provides a fully automated, dynamic online marketplace connecting small to midsize international shippers with qualified NVOCCs and freight forwarders. Provides a cloud based application with a centralized platform to request, manage and analyze spot market air and ocean freight rates. allowing small and medium-sized shippers to bid out ocean and airfreight loads to carriers. Shippers are automatically notified of the bid and can choose a carrier best suited to them. The marketplace is free for shippers, and those that register get access to customisable shipping templates, shipment and rate histories, and carrier profiles. It charges a percentange of the transaction amount from carriers.

Who are the top competitors of SimpliShip?

SimpliShip's top competitors include BlackBuck, uShip and Transfix.

What products or services does SimpliShip offer?

SimpliShip offers Magaya Digital Freight Portal, Magaya Supply Chain, Magaya Customs Compliance, Magaya CRM, and Magaya Rate Management.

Who are SimpliShip's investors?

SimpliShip has 1 investor. Key investors include Magaya Corporation.

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