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Freight Service

The 31 Best Freight Service Fast-Growing Startups

Startups are hard and achieving success with them is even harder, but here is a list of the 31 most successful Freight Service companies.

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There are a lot of things to consider when building a new startup - where to get funding, how to validate your idea, and what features should the product have.

One of the challenges, however, is finding a market that is willing to pay for your solution without even knowing what it is yet.

While some people say this makes your idea too vague and hard to monetize, there’s actually good news.

There’s more money in this space than ever before by angels investing in early-stage companies.

If you're building a Freight Service startup, you must check these 31 fast-growing companies.


31 Freight Service Startups

1) Delhivery

1) Delhivery

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

Details of the startup:

  • Country: India
  • City: Gurgaon
  • Started in: 2011
  • Founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, Suraj Saharan
  • Number of employees: 5001-10000
  • Funding amount: $1,236,569,361
  • Number of funding rounds: 11
  • Number of investors: 13

You can find their website here.

2) Convoy

2) Convoy

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

Details of the startup:

  • Country: United States
  • City: Seattle
  • Started in: 2015
  • Founders: Dan Lewis, Grant Goodale
  • Number of employees: 501-1000
  • Funding amount: $665,500,000
  • Number of funding rounds: 8
  • Number of investors: 45

You can find their website here.

3) project44

3) project44

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

Details of the startup:

  • Country: United States
  • City: Chicago
  • Started in: 2014
  • Founders: Jett McCandless, Wally Ibrahim
  • Number of employees: 251-500
  • Funding amount: $397,500,000
  • Number of funding rounds: 7
  • Number of investors: 18

You can find their website here.

4) Flash Express

4) Flash Express

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

Details of the startup:

  • Country: Thailand
  • City: Bangkok
  • Started in: 2017
  • Founders: Di Weijie, Komsan Lee
  • Number of employees: 10001+
  • Funding amount: $350,000,000
  • Number of funding rounds: 3
  • Number of investors: 10

You can find their website here.

5) Forto

5) Forto

Forto is an online freight forwarding platform.

Details of the startup:

  • Country: Germany
  • City: Berlin
  • Started in: 2016
  • Founders: Erik Muttersbach, Fabian Heilemann, Ferry Heilemann, Michael Wax
  • Number of employees: 501-1000
  • Funding amount: $103,000,000
  • Number of funding rounds: 4
  • Number of investors: 13

You can find their website here.

6) FreightWaves

6) FreightWaves

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

Details of the startup:

  • Country: United States
  • City: Chattanooga
  • Started in: 2016
  • Founders: Craig Fuller
  • Number of employees: 101-250
  • Funding amount: $92,400,000
  • Number of funding rounds: 8
  • Number of investors: 19

You can find their website here.

7) Flock Freight

7) 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
  • City: Solana Beach
  • Started in: 2015
  • Founders: Oren Zaslansky
  • Number of employees: 101-250
  • Funding amount: $184,000,000
  • Number of funding rounds: 6
  • Number of investors: 10

You can find their website here.

8) BluJay Solutions

8) BluJay Solutions

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

Details of the startup:

  • Country: United States
  • City: Holland
  • Started in: 2072
  • Number of employees: 501-1000
  • Funding amount: $500,000,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

9) Flexport

9) 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
  • City: San Francisco
  • Started in: 2013
  • Founders: Ryan Petersen, Susanne Schöneberg
  • Number of employees: 1001-5000
  • Funding amount: $1,304,000,000
  • Number of funding rounds: 11
  • Number of investors: 72

You can find their website here.

10) Logixboard

10) Logixboard

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

Details of the startup:

  • Country: United States
  • City: Seattle
  • Started in: 2016
  • Founders: Juan Alvarez, Julian Alvarez
  • Number of employees: 11-50
  • Funding amount: $18,750,000
  • Number of funding rounds: 3
  • Number of investors: 10

You can find their website here.

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11) Stord

11) Stord

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

Details of the startup:

  • Country: United States
  • City: Atlanta
  • Started in: 2015
  • Founders: Jacob Boudreau, Sean Henry
  • Number of employees: 101-250
  • Funding amount: $125,189,990
  • Number of funding rounds: 4
  • Number of investors: 18

You can find their website here.

12) Rivigo

12) Rivigo

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

Details of the startup:

  • Country: India
  • City: Gurgaon
  • Started in: 2014
  • Founders: Deepak Garg, Gazal Kalra
  • Number of employees: 1001-5000
  • Funding amount: $268,701,257
  • Number of funding rounds: 11
  • Number of investors: 6

You can find their website here.

13) J&T Express

13) 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
  • City: Jakarta
  • Started in: 2015
  • Founders: Jet Lee, Tony Chen
  • Number of employees: 1001-5000
  • Funding amount: $2,200,000,000
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

14) NEXT Trucking

14) 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
  • City: El Segundo
  • Started in: 2015
  • Founders: Elton Chung, Lidia Yan
  • Number of employees: 101-250
  • Funding amount: $124,260,000
  • Number of funding rounds: 5
  • Number of investors: 9

You can find their website here.

15) sennder

15) sennder

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

Details of the startup:

  • Country: Germany
  • City: Berlin
  • Started in: 2015
  • Founders: David Nothacker, Julius Koehler, Nicolaus Schefenacker
  • Number of employees: 501-1000
  • Funding amount: $340,000,000
  • Number of funding rounds: 8
  • Number of investors: 17

You can find their website here.

16) OnTruck

16) OnTruck

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

Details of the startup:

  • Country: Spain
  • 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 amount: $60,533,977
  • Number of funding rounds: 5
  • Number of investors: 14

You can find their website here.

17) cargo.one

17) 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
  • City: Berlin
  • Started in: 2017
  • Founders: Mike Rötgers, Moritz Claussen, Oliver Neumann
  • Number of employees: 101-250
  • Funding amount: $63,800,000
  • Number of funding rounds: 3
  • Number of investors: 8

You can find their website here.

18) Shippeo

18) Shippeo

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

Details of the startup:

  • Country: 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 amount: $67,891,575
  • Number of funding rounds: 6
  • Number of investors: 11

You can find their website here.

19) CargoX

19) CargoX

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

Details of the startup:

  • Country: Brazil
  • City: Sao Paulo
  • Started in: 2013
  • Founders: Dmytro Kromakov, Federico Vega, Liana Mayumi Ohno Suzaki
  • Number of employees: 501-1000
  • Funding amount: $190,074,076
  • Number of funding rounds: 8
  • Number of investors: 15

You can find their website here.

20) Kargo Technologies

20) Kargo Technologies

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

Details of the startup:

  • Country: Indonesia
  • City: Jakarta
  • Started in: 2018
  • Founders: Tiger Fang, Yodi Aditya
  • Number of employees: 101-250
  • Funding amount: $38,600,000
  • Number of funding rounds: 3
  • Number of investors: 17

You can find their website here.

21) Liftit

21) Liftit

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

Details of the startup:

  • Country: Colombia
  • City: Bogotá
  • Started in: 2017
  • Founders: Angel Celis Botto, Brian York, Felipe Betancourt Celis
  • Number of employees: 251-500
  • Funding amount: $39,000,000
  • Number of funding rounds: 3
  • Number of investors: 27

You can find their website here.

22) TruKKer

22) 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
  • 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 amount: $44,350,000
  • Number of funding rounds: 7
  • Number of investors: 15

You can find their website here.

23) Cogoport

23) 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
  • City: Mumbai
  • Started in: 2016
  • Founders: Anurag Dabral, Harsh Kumar, Kunal Rathod, Shekhar Purnendu
  • Number of employees: 251-500
  • Funding amount: $6,950,000
  • Number of funding rounds: 4
  • Number of investors: 2

You can find their website here.

24) InstaFreight

24) 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
  • City: Berlin
  • Started in: 2016
  • Founders: Markus Doetsch, Maximilian Schaefer, Philipp Ortwein
  • Number of employees: 101-250
  • Funding amount: € 31,000,000
  • Number of funding rounds: 4
  • Number of investors: 3

You can find their website here.

25) Flash

25) Flash

Flash is a leading European logistics company at your disposal.

Details of the startup:

  • Country: Luxembourg
  • City: Luxembourg
  • Started in: 1981
  • Funding amount: € 32,000,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

26) Inceptio Technology

26) Inceptio Technology

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

Details of the startup:

  • Country: China
  • City: Shangai
  • Started in: 2018
  • Founders: Julian Ma
  • Number of employees: 101-250
  • Funding amount: $220,000,000
  • Number of funding rounds: 2
  • Number of investors: 4

You can find their website here.

27) GoComet

27) 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
  • City: Singapore
  • Started in: 2016
  • Founders: Ayush Lodhi, Chitransh Sahai, Gautam Prem Jain, Mehul Katiyar
  • Number of employees: 51-100
  • Funding amount: $2,500,000
  • Number of funding rounds: 2
  • Number of investors: 6

You can find their website here.

28) Pickme

28) 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
  • City: Paris
  • Started in: 2019
  • Founders: Florian Dufour-Rives, Jessie Toulcanon, Samuel Rousseau
  • Number of employees: 1-10
  • Funding amount: € 1,000,000
  • Number of funding rounds: 2
  • Number of investors: 1

You can find their website here.

29) Kaodim Group

29) 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
  • City: Selangor
  • Started in: 2014
  • Founders: Fui Yu Choong, Jeffri Cheong
  • Number of employees: 101-250
  • Funding amount: $11,550,000
  • Number of funding rounds: 3
  • Number of investors: 7

You can find their website here.

30) YH Global

30) YH Global

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

Details of the startup:

  • Country: China
  • City: Shenzhen
  • Started in: 1997
  • Founders: Zhang Quan
  • Number of employees: 51-100
  • Funding amount: $182,000,000
  • Number of funding rounds: 1
  • Number of investors: 5

You can find their website here.

31) AllSome

31) AllSome

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

Details of the startup:

  • Country: China
  • City: Shenzhen
  • Started in: 2017
  • Founders: Yi Ying Ng, YiShu Liu
  • Number of employees: 1-10
  • Funding amount: $2,090,000
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

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