Wiz

Singapore, Singapore Founded: 2020 • Age: 6 yrs
AI-enabled freight forwarding solutions are provided for global shipping.
Annual revenue $157.1M Latest available
Total funding $57.4M 8 rounds
Employees 341 Tracked headcount
Investors 46 Known backers
Products 6 Services tracked
Competitors 10 Brand Intelligence

About Wiz

Wiz is a company based in Singapore (Singapore) founded in 2020 by Ramkumar Govindarajan and Ramkumar Ramachandran. It operates as a SaaS (Software-as-a-Service) and Managed Services. Wiz has raised $57.37 million across 8 funding rounds from investors including Nippon Express, Alteria Capital and Axilor Ventures. The company has 341 employees as of September 30, 2024. Wiz offers products and services including Ocean Services, Air Services, Surface Transportation, Customs & Trade Advisory, and Bulk Shipping. Wiz operates in a competitive market with competitors including Flexport, sennder, Forto, Airspace and Beacon, among others.

  • Headquarter Singapore, Singapore
  • Employees 341 as on 30 Sep, 2024
  • Founders Ramkumar Govindarajan, Ramkumar Ramachandran
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
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Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $157.1 M (USD)
    282
    as on Mar 31, 2023
  • Net Profit
    -$11.2 M (USD)
    -1223
    as on Mar 31, 2023
  • EBITDA
    -$3.11 M (USD)
    -301
    as on Mar 31, 2023
  • Total Equity Funding
    $57.37 M (USD)

    in 8 rounds

  • Latest Funding Round
    $1.81 M (USD), Angel Round

    Jan 13, 2025

  • Investors
  • Employee Count
    341

    as on Sep 30, 2024

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Products & Services of Wiz

Wiz offers a comprehensive portfolio of products and services, including Ocean Services, Air Services, Surface Transportation, Customs & Trade Advisory, and Bulk Shipping.

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Primary

Ocean freight services are provided for FCL and LCL shipments.

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Air freight services are offered for quick, reliable delivery.

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Surface transport services are managed for point-to-point delivery.

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Customs and trade advisory services are provided for compliance.

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Bulk shipping services are offered for dry and break bulk.

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Tech platform is provided for end-to-end freight management.

People of Wiz

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Amalraj Yetukuri
Chief People Officer
People
Jagadeesh Deivasigamani
Engineering Manager
People
Aravindhan Ashok
Head Of Engineering

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Funding Insights of Wiz

Wiz has successfully raised a total of $57.37M across 8 strategic funding rounds. The most recent funding activity was a Angel Round of $1.81 million completed in January 2025. 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 Wiz

Wiz has secured backing from 46 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Nippon Express, Alteria Capital and Axilor Ventures.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital funds are managed to support unlisted companies' growth.
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Venture and private equity investments are managed with global diversification.
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Venture capital firm investing in early-stage startups in technology sectors.
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Investor details for Wiz

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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Investments & Acquisitions by Wiz

Investments
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Investment portfolio details for Wiz

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Financial Statements - Wiz

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Detailed financials for Wiz

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Wiz Comparisons

Wiz Primary company
Description
AI-enabled freight forwarding solutions are provided for glo...
Location
Singapore, Singapore
Founded Year
2020
Annual Revenue
$157.1 M (USD)
Net Profit
-$11.2 M (USD)
EBITDA
-$3.11 M (USD)
Employees
341
As of 2024
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Peer comparison for Wiz

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

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Competitors of Wiz

Wiz 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 Flexport, sennder, Forto, Airspace and Beacon, among others.

Company Name Domain Founded year HQ Location Description
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End-to-end supply chain logistics platform and services are provided.
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Tech-enabled platform matches shippers and carriers for trucking loads.
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Tech-enabled freight forwarding services for multi-modal cargo transport are provided.
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Web-based cargo management solutions are offered for air logistics.
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Multi-modal freight forwarding services are provided via an AI-enabled platform.
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Detailed competitors of Wiz

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  • Domains and locations
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Latest news on Wiz

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Complete news archive for Wiz

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Wiz

Wiz was founded in 2020.

Wiz is headquartered in Singapore, Singapore.

Ramkumar Govindarajan is the current CEO of Wiz. They have also founded this company.

Wiz is a funded company, having raised a total of $57.37M across 8 funding rounds to date.

As of Sep 30, 2024, the latest employee count at Wiz is 341.

Annual revenue of Wiz is $157.1M as on Mar 31, 2023.

Wiz is established as a digital freight forwarder focused on modern logistics solutions. Services are provided across ocean, air, and surface transportation, alongside customs compliance and bulk shipping. A tech platform is integrated for end-to-end operations, including instant booking, live tracking, and digital payments. Operations are supported in multiple verticals such as electronics, furniture, automobile, chemicals, solar, and fashion. A global network is maintained with presence in over 30 locations, particularly in Asia Pacific, Indian Subcontinent, Middle East, and Southeast Asia.

Wiz's top competitors include Forto, Flexport and sennder.

Wiz offers Ocean Services, Air Services, Surface Transportation, Customs & Trade Advisory, and 2 more products and services.

Wiz has 46 investors. Key investors include Nippon Express, Alteria Capital, Axilor Ventures, Arali Ventures, and Pratithi Investments.

The valuation of Wiz is $82.7M as of Apr 2021.

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