Starboard

Scarborough, Canada Founded: 2024 • Age: 2 yrs
AI-powered software for freight forwarding operations is developed.
Annual revenue - Latest available
Total funding $5.5M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Starboard

Starboard is a company based in Scarborough (Canada) founded in 2024 by Sumeet Trehan. It operates as a SaaS (Software-as-a-Service). Starboard has raised $5.5 million across 1 funding round from investors including Garuda Ventures, Everywhere VC and Eclipse. Starboard offers products and services including Starboard OS and Quote Tool. Starboard operates in a competitive market with competitors including WiseTech Global, Kale Logistics Solutions, Magaya Corporation, GoComet and RXO, among others.

  • Headquarter Scarborough, Canada
  • Founders Sumeet Trehan
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Starboard Systems Inc.
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
    $5.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.5 M (USD), Series A

    Dec 17, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Starboard

Starboard offers a comprehensive portfolio of products and services, including Starboard OS and Quote Tool.

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Category locked
Primary

Freight operations are simplified with automated tracking tools.

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Accurate quotes are generated quickly using AI technology.

Funding Insights of Starboard

Starboard has successfully raised a total of $5.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.5 million completed in December 2024. 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 Starboard

Starboard has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Garuda Ventures, Everywhere VC and Eclipse.

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Venture Fund
Investor Description Founded Year Domain Location
B2B startups are funded by Garuda venture capital firm.
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Early-stage investments are made in pre-seed startups globally.
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Early-stage investments are made by Eclipse across multiple sectors.
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Investor details for Starboard

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by Starboard

Investments
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Investment portfolio details for Starboard

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Starboard

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Detailed financials for Starboard

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  • Profit trends
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Starboard Comparisons

Starboard Primary company
Description
AI-powered software for freight forwarding operations is dev...
Location
Scarborough, Canada
Founded Year
2024
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Starboard

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Starboard

Starboard 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 WiseTech Global, Kale Logistics Solutions, Magaya Corporation, GoComet and RXO, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based logistics software suite is provided for supply chain management.
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Cloud-based platforms for logistics, ports, and trade facilitation are provided.
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Cloud-based supply chain and logistics software is offered to businesses.
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AI-powered multimodal logistics platform for end-to-end supply chain digitization
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Cloud based platform providing freight forwarding solutions
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Cloud-based freight forwarding and logistics management solutions are offered.
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Detailed competitors of Starboard

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  • Domains and locations
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Latest news on Starboard

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Complete news archive for Starboard

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  • Source and publication date
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Frequently Asked Questions about Starboard

Starboard was founded in 2024.

Starboard is headquartered in Scarborough, Canada. It is registered at Scarborough, Ontario, Canada.

Sumeet Trehan is the current CEO of Starboard. They have also founded this company.

Starboard is a funded company, having raised a total of $5.5M across 1 funding round to date.

AI-driven solutions are offered by Starboard to support small and medium-sized freight forwarders in streamlining operations. Logistics tools are designed to automate workflows, enhance quoting speed, and improve client satisfaction. Real-time tracking, invoice management, and payment follow-ups are integrated into their platform. The focus is placed on helping freight businesses win more RFQs and reduce operational costs. The technology sector, specifically logistics and freight management, is primarily served by their innovative software solutions.

Starboard's top competitors include WiseTech Global, Kale Logistics Solutions and GoComet.

Starboard offers Starboard OS and Quote Tool.

Starboard has 3 investors. Key investors include Garuda Ventures, Everywhere VC, and Eclipse.

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