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The Full List of 13 Freight Service Unicorn Startups (2026)

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The freight service industry includes 13 unicorn startups focused on logistics and supply chain management. Flexport leads the pack with an $8 billion valuation.

The group is global, with companies from the United States, China, Germany, and Mexico. Newer entrants like Didi Freight, founded in 2020, have quickly reached a $3 billion valuation.

Below is the full list of 13 Freight Service unicorn startups at this time.

Top 10 Most Valuable Freight Service Unicorns

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Flexport provides a full-service logistics platform that uses modern software to simplify global trade. They help companies manage their entire supply chain through a single dashboard, offering everything from freight forwarding to customs brokerage.

Valuation$8B (Joined April 2018)
HeadquartersSan Francisco, California, United States
Year Founded2013
FoundersDavid Petersen, Ryan Petersen
Funding Amount$2.7B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsBoxGroup, Founders Fund, FPV Ventures, Y Combinator, Andreessen Horowitz

project44 operates an end-to-end visibility platform that serves as the connective tissue for modern supply chains. Their technology gives shippers and logistics providers real-time data to track shipments across every mode of transportation.

Valuation$3B (Joined June 2021)
HeadquartersChicago, Illinois, United States
Year Founded2014
FoundersJett McCandless, Wally Ibrahim
Funding Amount$942.9M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsSapphire Ventures, Insight Partners, Emergence Capital, TPG, Thoma Bravo

Didi Freight offers an on-demand service for moving goods and cargo within a single city. They are known for providing affordable and insured shipping by connecting users to a wide range of vehicles in Didi's logistics network.

Valuation$3B
HeadquartersBeijing, Beijing, China
Year Founded2020
FoundersWill Wei Cheng
Funding Amount$1.5B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusSeries A
Top InvestorsVMS Asset Management, Didi, Hidden Hill Capital, IDG Capital, Temasek Holdings

Forto builds a digital freight forwarding platform to help companies manage their global supply chains. Their technology provides end-to-end visibility and control over sea, air, and rail shipments, from booking to final delivery.

Valuation$2.1B (Joined June 2021)
HeadquartersBerlin, Berlin, Germany
Year Founded2016
FoundersErik Muttersbach, Fabian Heilemann, Ferry Heilemann, Michael Wax
Funding Amount$593.4M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsG Squared, Global Founders Capital, Northzone, Cherry Ventures, IRIS

Stord operates a commerce enablement platform that integrates software with a physical logistics network for brands. They help companies manage their entire supply chain, from warehousing and fulfillment to shipping, across multiple sales channels.

Valuation$2B (Joined September 2021)
HeadquartersAtlanta, Georgia, United States
Year Founded2015
FoundersJacob Boudreau, Sean Henry
Funding Amount$525M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries E
Top InvestorsLux Capital, B Capital, Franklin Templeton, Bond, BoxGroup

Flash Express built a door-to-door logistics network for pickup and delivery services. They specialize in supporting e-commerce businesses with fast and reliable courier and freight transportation.

Valuation$2B
HeadquartersBangkok, Krung Thep, Thailand
Year Founded2017
FoundersDi Weijie, Komsan Lee
Funding Amount$781M
Company SizeEnterprise Organization (5,001+)
Last Funding StatusSeries F
Top InvestorsSCB 10X, Cloud Angel Fund, Krungsri Finnovate, TCP Capital, Gaorong Capital

Flock Freight built a freight brokerage platform that specializes in shared truckload shipping. Their technology pools partial shipments from different companies into one truck, creating a more efficient and environmentally friendly shipping option.

Valuation$1.3B (Joined October 2021)
HeadquartersEncinitas, California, United States
Year Founded2015
FoundersOren Zaslansky
Funding Amount$459M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsAlphabet, Foundation Capital, SignalFire, GV, Bracket Capital

Nowports automates the supply chain for Latin American companies with its digital freight forwarding platform. They offer a transparent service that centralizes international trade processes, from cargo tracking and booking to customs and financing.

Valuation$1.1B (Joined May 2022)
HeadquartersMonterrey, Nuevo Leon, Mexico
Year Founded2018
FoundersAlfonso De los Rios, Maximiliano Casal
Funding Amount$242.6M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries C
Top InvestorsY Combinator, Base10 Partners, Endeavor Catalyst, Foundation Capital, Tiger Global Management

Sennder operates a digital freight-forwarding platform that connects large commercial shippers with small freight carriers. They focus on digitizing the European road logistics market, making full truckload shipping more efficient and transparent.

Valuation$1.1B (Joined January 2021)
HeadquartersBerlin, Berlin, Germany
Year Founded2015
FoundersDavid Nothacker, Julius Koehler, Nicolaus Schefenacker
Funding Amount$340M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries D
Top InvestorsDynamo, Lakestar, HV Capital, Earlybird Venture Capital, Accel

Rivigo operates a technology-enabled logistics platform that provides a full range of transport and freight services. Their system is designed to make shipping more reliable and efficient through a data-driven approach to managing their network.

Valuation$1B
HeadquartersGurgaon, Haryana, India
Year Founded2014
FoundersDeepak Garg, Gazal Kalra
Funding Amount$287M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries H
Top InvestorsSAIF Partners, Trifecta Capital Advisors, Elevation Capital, Warburg Pincus, InnoVen Capital

The Remaining 3 Freight Service Unicorns

The ten most valuable companies are only part of the picture for freight services. Around the world, other founders are building strong companies and finding new ways to ship goods.

This next group of companies shows the global reach of this growth, with startups from China to Brazil raising a combined total of over $800 million. Here is a closer look at the other unicorn startups making an impact.

Unicorn StartupCountryYear FoundedAmount RaisedValuation
YH Global logo YH GlobalChina1997$182M$1B
CargoX logo CargoXBrazil2013$390.1M$1B
YunQuNa logo YunQuNaChina2005$256.8M$1B

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