Top 31 Freight Service Startups in 2023

1) Flash Express

Flash Express is a logistics and transportation firm that provides door-to-door pickup and delivery.

Details of the startup:

• Country: Thailand
• State: Krung Thep
• City: Bangkok
• Started in: 2017
• Founders: Di Weijie, Komsan Lee
• Number of employees: 10001+
• Funding: $350,000,000
• Funding rounds: 3
• Number of investors: 10 (Buer Capital, Gaorong Capital, SCB 10X, PTT Oil and Retail Business Public Company, Krungsri Finnovate)

You can find their website here.

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2) Forto

Forto is an online freight forwarding platform.

Details of the startup:

• Country: Germany
• State: Berlin
• City: Berlin
• Started in: 2016
• Founders: Erik Muttersbach, Fabian Heilemann, Ferry Heilemann, Michael Wax
• Number of employees: 501-1000
• Funding: $103,000,000
• Funding rounds: 4
• Number of investors: 13 (Global Founders Capital, Northzone, La Famiglia, Cavalry Ventures, Iris Capital)

You can find their website here.

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3) J&T Express

J&T Express is an e-commerce freight service provider that helps e-commerce businesses develop.

Details of the startup:

• Country: Indonesia
• State: Jakarta Raya
• City: Jakarta
• Started in: 2015
• Founders: Jet Lee, Tony Chen
• Number of employees: 1001-5000
• Funding: $2,200,000,000
• Funding rounds: 3
• Number of investors: 3 (Sequoia Capital China, Boyu Capital, Hillhouse Capital Group)

You can find their website here.

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4) sennder

Sennder is a digital freight forwarder that connects large commercial shippers with small freight operators.

Details of the startup:

• Country: Germany
• State: Berlin
• City: Berlin
• Started in: 2015
• Founders: David Nothacker, Julius Koehler, Nicolaus Schefenacker
• Number of employees: 501-1000
• Funding: $340,000,000
• Funding rounds: 8
• Number of investors: 17 (Accel, Earlybird Venture Capital, Project A Ventures, HV Capital, Lakestar)

You can find their website here.

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5) OnTruck

OnTruck provides regional merchandise transportation services to businesses using a real-time, transparent pricing system.

Details of the startup:

• Country: Spain
• State: Madrid
• City: Madrid
• Started in: 2016
• Founders: Antonio Lu, Gonzalo Parejo Navajas, Inigo Juantegui, Javier Escribano, Rika Christanto, Samuel Fuentes
• Number of employees: 101-250
• Funding: $60,533,977
• Funding rounds: 5
• Number of investors: 14 (Eurazeo, LocalGlobe, Cathay Innovation, Endeavor Catalyst, Idinvest Partners)

You can find their website here.

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6) cargo.one

cargo.one is a digital platform that allows freight forwarders to find, compare, and book airline freight capacity.

Details of the startup:

• Country: Germany
• State: Berlin
• City: Berlin
• Started in: 2017
• Founders: Mike Rötgers, Moritz Claussen, Oliver Neumann
• Number of employees: 101-250
• Funding: $63,800,000
• Funding rounds: 3
• Number of investors: 8 (Index Ventures, Bessemer Venture Partners, Creandum, Point Nine, Next47)

You can find their website here.

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7) Shippeo

Shippeo is a supply chain visibility technology that gives shippers real-time access to delivery forecasting data.

Details of the startup:

• Country: France
• State: Ile-de-France
• City: Paris
• Started in: 2014
• Founders: Brice Hua, David Barre, Frederic Jouenne, Jean-Bastien Dussart, Jerome Burtin, Lucien Besse, Pierre Khoury, Thibaut Morlot
• Number of employees: 101-250
• Funding: $67,891,575
• Funding rounds: 6
• Number of investors: 11 (Battery Ventures, Bpifrance, Partech, NGP Capital, ETF Partners)

You can find their website here.

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8) CargoX

CargoX is a digital freight broker that offers innovative and effective solutions to shipping enterprises.

Details of the startup:

• Country: Brazil
• State: Sao Paulo
• City: Sao Paulo
• Started in: 2013
• Founders: Dmytro Kromakov, Federico Vega, Liana Mayumi Ohno Suzaki
• Number of employees: 501-1000
• Funding: $190,074,076
• Funding rounds: 8
• Number of investors: 15 (Goldman Sachs, Qualcomm Ventures, Valor Capital Group, Blackstone Group, Soros Fund Management)

You can find their website here.

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9) Kargo Technologies

Kargo Technologies connects shippers and drivers with a full-stack logistics platform.

Details of the startup:

• Country: Indonesia
• State: Jakarta Raya
• City: Jakarta
• Started in: 2018
• Founders: Tiger Fang, Yodi Aditya
• Number of employees: 101-250
• Funding: $38,600,000
• Funding rounds: 3
• Number of investors: 17 (Sequoia Capital India, ZhenFund, InnoVen Capital, January Capital, AC Ventures)

You can find their website here.

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10) Liftit

Liftit is Latin America's premier technology platform for automating and executing last-mile truck deliveries.

Details of the startup:

• Country: Colombia
• State: Distrito Especial
• City: Bogotá
• Started in: 2017
• Founders: Angel Celis Botto, Brian York, Felipe Betancourt Celis
• Number of employees: 251-500
• Funding: $39,000,000
• Funding rounds: 3
• Number of investors: 27 (Monashees, Western Technology Investment, Jaguar Ventures, NXTP Ventures, Mercado Libre Fund)

You can find their website here.

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11) TruKKer

TruKKer is a technology-enabled truck aggregator in the Arab Peninsula that operates a variety of vehicle types for a variety of end markets.

Details of the startup:

• Country: United Arab Emirates
• State: Abu Dhabi
• City: Abu Dhabi
• Started in: 2015
• Founders: Amit Agarwal, Gaurav Biswas, Haseebullah Soomro, Pradeep M Pradeep, Pradeep Mallavarapu, Rajai Nammari, Wissam Al Akl
• Number of employees: 101-250
• Funding: $44,350,000
• Funding rounds: 7
• Number of investors: 15 (500 Startups, International Finance Corporation, Endeavor Catalyst, Shorooq Partners, Raed Ventures)

You can find their website here.

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12) InstaFreight

InstaFreight is an online B2B freight forwarding company that enables freight transportation to be processed quickly and easily.

Details of the startup:

• Country: Germany
• State: Berlin
• City: Berlin
• Started in: 2016
• Founders: Markus Doetsch, Maximilian Schaefer, Philipp Ortwein
• Number of employees: 101-250
• Funding: € 31,000,000
• Funding rounds: 4
• Number of investors: 3 (Rocket Internet, Shell Ventures, Kaltroco LTD)

You can find their website here.

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13) Flash

Flash is a leading European logistics company at your disposal.

Details of the startup:

• Country: Luxembourg
• State: Luxembourg
• City: Luxembourg
• Started in: 1981
• Funding: € 32,000,000
• Funding rounds: 2
• Number of investors: 3 (Eurazeo, Siparex Groupe, LBO France)

You can find their website here.

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14) GoComet

GoComet is the world's premier LRM platform, assisting businesses in achieving process resilience and cost savings in the double digits.

Details of the startup:

• Country: Singapore
• State: Central Region
• City: Singapore
• Started in: 2016
• Founders: Ayush Lodhi, Chitransh Sahai, Gautam Prem Jain, Mehul Katiyar
• Number of employees: 51-100
• Funding: $2,500,000
• Funding rounds: 2
• Number of investors: 6 (SGInnovate, India Quotient, Alok Mittal, Leo Capital India, August One)

You can find their website here.

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15) Pickme

Pickme works its magic by transforming neighbors into local and social pickup points, resulting in a seamless, efficient, and long-lasting post-purchase experience.

Details of the startup:

• Country: France
• State: Ile-de-France
• City: Paris
• Started in: 2019
• Founders: Florian Dufour-Rives, Jessie Toulcanon, Samuel Rousseau
• Number of employees: 1-10
• Funding: € 1,000,000
• Funding rounds: 2
• Number of investors: 1 (Founders Future)

You can find their website here.

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16) Kaodim Group

Kaodim is an online service marketplace that assists our consumers in locating and hiring qualified service providers.

Details of the startup:

• Country: Malaysia
• State: Selangor
• City: Selangor
• Started in: 2014
• Founders: Fui Yu Choong, Jeffri Cheong
• Number of employees: 101-250
• Funding: $11,550,000
• Funding rounds: 3
• Number of investors: 7 (East Ventures, 500 Startups, BEENEXT, Square Peg Capital, Susquehanna International Group (SIG))

You can find their website here.

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17) Delhivery

Delhivery is a supply chain management firm that specializes in transportation, warehousing, freight, and order fulfillment.

Details of the startup:

• Country: India
• State: Haryana
• City: Gurgaon
• Started in: 2011
• Founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, Suraj Saharan
• Number of employees: 5001-10000
• Funding: $1,236,569,361
• Funding rounds: 11
• Number of investors: 13 (SoftBank, GIC, The Carlyle Group, Tiger Global Management, Canada Pension Plan Investment Board)

You can find their website here.

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18) Rivigo

Rivigo is a transportation service company with a technology-enabled logistics platform.

Details of the startup:

• Country: India
• State: Haryana
• City: Gurgaon
• Started in: 2014
• Founders: Deepak Garg, Gazal Kalra
• Number of employees: 1001-5000
• Funding: $268,701,257
• Funding rounds: 11
• Number of investors: 6 (Warburg Pincus, InnoVen Capital, SAIF Partners, Trifecta Capital Advisors, Trifecta Capital)

You can find their website here.

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19) Cogoport

Cogoport is a platform that provides spot pricing and a bidding mechanism for freight buyers in the freight buying sector.

Details of the startup:

• Country: India
• State: Maharashtra
• City: Mumbai
• Started in: 2016
• Founders: Anurag Dabral, Harsh Kumar, Kunal Rathod, Shekhar Purnendu
• Number of employees: 251-500
• Funding: $6,950,000
• Funding rounds: 4
• Number of investors: 2 (Accel, InnoVen Capital)

You can find their website here.

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20) Inceptio Technology

Inceptio Technology is a firm that creates self-driving trucks and logistics networks.

Details of the startup:

• Country: China
• State: Jiangxi
• City: Shangai
• Started in: 2018
• Founders: Julian Ma
• Number of employees: 101-250
• Funding: $220,000,000
• Funding rounds: 2
• Number of investors: 4 (G7, NIO Capital, Contemporary Amperex Technology, GLP)

You can find their website here.

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21) YH Global

Transport distribution, international freight forwarding, and commerce logistics are all services provided by YH Global.

Details of the startup:

• Country: China
• State: Guangdong
• City: Shenzhen
• Started in: 1997
• Founders: Zhang Quan
• Number of employees: 51-100
• Funding: $182,000,000
• Funding rounds: 1
• Number of investors: 5 (Yonghua Capital, Stone Capital, Grandland Group, HNF, Tangrong Capital)

You can find their website here.

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22) AllSome

AllSome is a parcel tracking system that offers online retailers e-commerce fulfillment and logistic solutions.

Details of the startup:

• Country: China
• State: Guangdong
• City: Shenzhen
• Started in: 2017
• Founders: Yi Ying Ng, YiShu Liu
• Number of employees: 44470
• Funding: $2,090,000
• Funding rounds: 3
• Number of investors: 5 (SOSV, 500 Startups, Y Combinator, East Ventures, Chinaccelerator)

You can find their website here.

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23) Convoy

Convoy is the most efficient digital freight network in the country.

Details of the startup:

• Country: United States
• State: Washington
• City: Seattle
• Started in: 2015
• Founders: Dan Lewis, Grant Goodale
• Number of employees: 501-1000
• Funding: $665,500,000
• Funding rounds: 8
• Number of investors: 45 (Jeff Bezos, T. Rowe Price, Y Combinator, G Squared, Greylock)

You can find their website here.

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24) project44

For shippers and third-party logistics companies, project44 offers an advanced supply chain visibility platform.

Details of the startup:

• Country: United States
• State: Illinois
• City: Chicago
• Started in: 2014
• Founders: Jett McCandless, Wally Ibrahim
• Number of employees: 251-500
• Funding: $397,500,000
• Funding rounds: 7
• Number of investors: 18 (Lineage Logistics, Insight Partners, Sapphire Ventures, Emergence, 8VC)

You can find their website here.

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25) FreightWaves

FreightWaves is a data and content forum that provides near-real-time statistics to market participants.

Details of the startup:

• Country: United States
• State: Tennessee
• City: Chattanooga
• Started in: 2016
• Founders: Craig Fuller
• Number of employees: 101-250
• Funding: $92,400,000
• Funding rounds: 8
• Number of investors: 19 (Apple, 8VC, Revolution’s Rise of the Rest Seed Fund, Hearst Ventures, Revolution)

You can find their website here.

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26) Flock Freight

Less-than-truckload (LTL) shippers can share trailer space in a full truckload with Flock Freight's algorithmic pooling system.

Details of the startup:

• Country: United States
• State: California
• City: Solana Beach
• Started in: 2015
• Founders: Oren Zaslansky
• Number of employees: 101-250
• Funding: $184,000,000
• Funding rounds: 6
• Number of investors: 10 (SoftBank Vision Fund, Foundation Capital, GV, SignalFire, TenOneTen Ventures)

You can find their website here.

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27) BluJay Solutions

LSPs, freight forwarders, and other businesses use BluJay Solutions' logistics and transportation software and services.

Details of the startup:

• Country: United States
• State: Michigan
• City: Holland
• Started in: 1972
• Number of employees: 501-1000
• Funding: $500,000,000
• Funding rounds: 2
• Number of investors: 3 (Temasek Holdings, TPG, BlueBay Asset Management)

You can find their website here.

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28) Logixboard

Logixboard is a customer interaction tool that assists businesses in managing and controlling their freight operations.

Details of the startup:

• Country: United States
• State: Washington
• City: Seattle
• Started in: 2016
• Founders: Juan Alvarez, Julian Alvarez
• Number of employees: 11-50
• Funding: $18,750,000
• Funding rounds: 3
• Number of investors: 10 (Techstars, Redpoint, Liquid 2 Ventures, F-Prime Capital, Social Leverage)

You can find their website here.

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29) Stord

Brands looking for inventory visibility and control can use Stord's cloud supply chain services.

Details of the startup:

• Country: United States
• State: Georgia
• City: Atlanta
• Started in: 2015
• Founders: Jacob Boudreau, Sean Henry
• Number of employees: 101-250
• Funding: $125,189,990
• Funding rounds: 4
• Number of investors: 18 (Founders Fund, Salesforce Ventures, Lineage Logistics, BoxGroup, B Capital Group)

You can find their website here.

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30) NEXT Trucking

Shippers can connect with freight capacity across drayage, transload, and OTR using NEXT's proprietary technology and digital freight marketplace.

Details of the startup:

• Country: United States
• State: California
• City: El Segundo
• Started in: 2015
• Founders: Elton Chung, Lidia Yan
• Number of employees: 101-250
• Funding: $124,260,000
• Funding rounds: 5
• Number of investors: 9 (Sequoia Capital, GLP, Shea Ventures, Mucker Capital, Brookfield Technology Partners)

You can find their website here.

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31) Flexport

Flexport is a full-service global freight forwarder and logistics platform that uses cutting-edge tools to improve global trade customer experience.

Details of the startup:

• Country: United States
• State: California
• City: San Francisco
• Started in: 2013
• Founders: Ryan Petersen, Susanne Schöneberg
• Number of employees: 1001-5000
• Funding: $1,304,000,000
• Funding rounds: 11
• Number of investors: 72 (SoftBank Vision Fund, FundersClub, Founders Fund, DST Global, First Round Capital)

You can find their website here.

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