About Worldwide Express
Worldwide Express is a company based in Dallas (United States) founded in 1995 was acquired by CVC in July 2021.. Worldwide Express has raised $300 thousand across 4 funding rounds from investors including Ares Capital Corporation, CVC and Fidus Investment. The company has 1,869 employees as of December 31, 2022. Worldwide Express offers products and services including SpeedShip, Parcel Shipping Services, and Freight Shipping Services. Worldwide Express operates in a competitive market with competitors including Landstar, XPO Logistics, PS Logistics, DACHSER and Total Transportation Services, among others.
- Headquarter Dallas, United States
- Employees 1869 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$300 K (USD)
in 4 rounds
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Latest Funding Round
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Investors
Ares Capital Corporation
& 5 more
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Employee Count
1869
as on Dec 31, 2022
- Acquired by
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Products & Services of Worldwide Express
Worldwide Express offers a comprehensive portfolio of products and services, including SpeedShip, Parcel Shipping Services, and Freight Shipping Services. 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.
Platform for managing shipments and comparing rates efficiently.
Services for small package delivery via authorized networks.
Solutions for less than truckload and truckload freight transport.
Funding Insights of Worldwide Express
Worldwide Express has successfully raised a total of $300K across 4 strategic funding rounds. 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 4
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2017 | Amount | Debt – Conventional - Worldwide Express | Valuation |
investors |
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| Jun, 2009 | Amount | Private Equity Round - Worldwide Express | Valuation |
investors |
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| Aug, 2007 | Amount | Debt – Conventional - Worldwide Express | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Worldwide Express
Worldwide Express has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Ares Capital Corporation, CVC and Fidus Investment. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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U.S. lower middle market investments are managed by the firm.
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Founded Year | Domain | Location | |
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PE firm investing in the US
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed for businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Worldwide Express
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Worldwide Express
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Worldwide Express Comparisons
Competitors of Worldwide Express
Worldwide Express 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 Landstar, XPO Logistics, PS Logistics, DACHSER and Total Transportation Services, 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 |
Third-party logistics services including freight and warehousing are provided.
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| domain | founded_year | HQ Location |
Global freight transportation services and solutions are provided worldwide.
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| domain | founded_year | HQ Location |
Provider of truck transport services
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| domain | founded_year | HQ Location |
Road transportation services are provided by DACHSER across multiple regions.
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| domain | founded_year | HQ Location |
Offers warehousing and logistics services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Worldwide Express
Frequently Asked Questions about Worldwide Express
When was Worldwide Express founded?
Worldwide Express was founded in 1995 and raised its 1st funding round 12 years after it was founded.
Where is Worldwide Express located?
Worldwide Express is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Is Worldwide Express a funded company?
Worldwide Express is a funded company, having raised a total of $300K across 4 funding rounds to date.
How many employees does Worldwide Express have?
As of Dec 31, 2022, the latest employee count at Worldwide Express is 1,869.
What does Worldwide Express do?
Worldwide Express was founded in 1995 in Dallas, United States, as a road freight transportation provider. Operations focus on small parcel courier services, less-than-truckload (LTL) freight, and full-truckload (FTL) freight. Clients such as Fortune 500 companies are served, and authorization as a UPS reseller is held. The company maintains its domain at wwex.com within the logistics sector.
Who are the top competitors of Worldwide Express?
Worldwide Express's top competitors include Landstar, XPO Logistics and Marten Transport.
What products or services does Worldwide Express offer?
Worldwide Express offers SpeedShip, Parcel Shipping Services, and Freight Shipping Services.
Who are Worldwide Express's investors?
Worldwide Express has 6 investors. Key investors include Ares Capital Corporation, CVC, Fidus Investment, Five Points Capital, and Ridgemont Equity partners.
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