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
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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 Starboard Systems Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.5 M (USD)
in 1 rounds
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Latest Funding Round
$5.5 M (USD), Series A
Dec 17, 2024
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Investors
Garuda Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Starboard
Starboard offers a comprehensive portfolio of products and services, including Starboard OS and Quote Tool.
Freight operations are simplified with automated tracking tools.
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $5.5M
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First Round
First Round
(17 Dec 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2024 | Amount | Series A - Starboard | Valuation | Eclipse |
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.
| Investor | Description | Founded Year | Domain | Location |
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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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Founded Year | Domain | Location |
Investments & Acquisitions by Starboard
Financial Statements - Starboard
Starboard Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based logistics software suite is provided for supply chain management.
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| domain | founded_year | HQ Location |
Cloud-based platforms for logistics, ports, and trade facilitation are provided.
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| domain | founded_year | HQ Location |
Cloud-based supply chain and logistics software is offered to businesses.
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| domain | founded_year | HQ Location |
AI-powered multimodal logistics platform for end-to-end supply chain digitization
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| domain | founded_year | HQ Location |
Cloud based platform providing freight forwarding solutions
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| domain | founded_year | HQ Location |
Cloud-based freight forwarding and logistics management solutions are offered.
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Latest news on Starboard
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. The company's 1st funding round was a Series A of $5.5M, raised on Dec 17, 2024.
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.