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The global shipping industry includes 13 unicorn startups. These companies use technology to make shipping goods easier and faster.
Flexport leads the group with an $8 billion valuation. Germany-based Forto is another key company with a valuation of $2.1 billion.
Below is the full list of 13 Shipping unicorn startups at this time.
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Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
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Get the Sheet for $50Flexport built a full-service logistics platform that uses modern software to fix the user experience in global trade. Their technology gives companies a single dashboard to manage freight, customs, and shipping, bringing much-needed transparency to complex supply chains.
Forto built a digital platform for freight forwarding that gives companies control over their global supply chains. Their technology streamlines the entire shipping process, from booking and document management to real-time tracking of shipments.
Veho built a technology platform to manage delivery and returns for e-commerce brands. Their service focuses on the last-mile experience, giving customers next-day delivery options, real-time communication, and the ability to reschedule shipments.
Wellong Etown offers a digital freight matching service for global shipments by land and sea. Their platform helps shippers find cost-effective transport while enabling carriers to secure profitable loads.
Route builds a post-purchase experience platform for e-commerce brands to turn one-time buyers into repeat customers. Their software provides visual package tracking, shipping protection, and seamless claims resolution for online shoppers.
Flock Freight runs a technology-driven freight brokerage that pools shipments into shared truckloads. Their platform offers a more efficient and reliable alternative to traditional less-than-truckload (LTL) shipping, reducing transit times and the potential for damage.
Shiprocket provides a comprehensive logistics platform designed to simplify shipping for direct-to-consumer e-commerce brands. They use an AI-powered recommendation engine to help businesses select the most cost-effective courier service and automate their shipping operations.
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.
Printful runs a print-on-demand dropshipping platform that helps people turn their ideas into brands and products. They are best known for handling the entire fulfillment process, from printing and packaging to shipping goods directly to the final customer.
ShipBob operates a global logistics platform that gives direct-to-consumer brands the tools for e-commerce order fulfillment. They combine fulfillment center services with software to help businesses automate their shipping and supply chain operations.
The ten most valuable unicorns are only a fraction of the story in global shipping. The next wave of companies is truly international, with founders in India, China, and Sweden raising nearly $900 million together.
These startups are solving key problems in a complex industry, from freight forwarding to last-mile delivery. Here’s a look at the other shipping companies that have reached a billion-dollar valuation.
