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The Founder's Handbook

Top 32 Supply Chain Management Unicorns in 2024

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Have you ever wondered which private companies in the Supply Chain Management industry have the highest valuations?

You’re not alone.

There are lots of unicorn companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 32 Supply Chain Management unicorn startups, from highest to lowest valuation.

32 Supply Chain Management Unicorns Companies

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1) Lalamove

Lalamove

Lalamove is a logistics company that specializes in on-demand and same-day delivery. Delivering directly to your doorstep or preferred pickup location, they offer a convenient service that customers love.

Details of the startup:

  • Valuation: $10.00B (February 2019)
  • Country: Hong Kong
  • City: Cheung Sha Wan
  • Started in: 2013
  • Founders: Chow Shing Yuk, Gary Hui, Santit Jirawongkraisorn
  • Number of employees: 500-1,000
  • Funding: $2,475.00M
  • Funding rounds: 9
  • Number of investors: 18

You can find their website here.

2) Flexport

Flexport

Flexport is a low-cost, full-service global freight forwarder and logistics platform that reduces friction in international trade.

Details of the startup:

  • Valuation: $8.00B (April 2018)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2013
  • Founders: Ryan Petersen
  • Number of employees: 1,000-5,000
  • Funding: $2,598.75M
  • Funding rounds: 17
  • Number of investors: 79

You can find their website here.

3) Convoy

Convoy

Convoy is a real-time, demand-based digital freight network to bring efficiency and transparency between shippers and carriers.

Details of the startup:

  • Valuation: $3.80B (September 2018)
  • Country: United States
  • State: Washington
  • City: Seattle
  • Started in: 2015
  • Founders: Dan Lewis, Grant Goodale
  • Number of employees: 500-1,000
  • Funding: $675.46M
  • Funding rounds: 10
  • Number of investors: 47

You can find their website here.

4) Project44

Project44

Project44 is a logistics technology company that provides a visibility solution to span the entire shipment workflow.

Details of the startup:

  • Valuation: $2.62B (June 2021)
  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2014
  • Founders: Jett McCandless, Wally Ibrahim
  • Number of employees: 500-1,000
  • Funding: $928.80M
  • Funding rounds: 8
  • Number of investors: 22

You can find their website here.

5) Forto

Forto

Forto is an online platform for freight forwarding.

Details of the startup:

  • Valuation: $2.10B (June 2021)
  • Country: Germany
  • City: Berlin
  • Started in: 2016
  • Founders: Erik Muttersbach, Fabian Heilemann, Ferry Heilemann, Michael Wax
  • Number of employees: 500-1,000
  • Funding: $365.83M
  • Funding rounds: 5
  • Number of investors: 15

You can find their website here.

6) Exotec

Exotec

Exotec offers an innovative order preparation system, based on a fleet of collaborative mobile robots.

Details of the startup:

  • Valuation: $2.00B (January 2022)
  • Country: France
  • City: Croix
  • Started in: 2015
  • Founders: Renaud Heitz, Romain Moulin
  • Number of employees: 250-500
  • Funding: $446.70M
  • Funding rounds: 6
  • Number of investors: 7

You can find their website here.

7) Loggi

Loggi

Loggi provides a technology platform that is used by delivery companies and their couriers. It allows the couriers to pick up deliveries, package shipments, track packages individually or in groups, communicate with each other and with customers, update delivery statuses in real time, and much more.

Details of the startup:

  • Valuation: $2.00B (June 2019)
  • Country: Brazil
  • City: Sao Paulo
  • Started in: 2013
  • Founders: Arthur Debert, Eduardo Wexler, Fabien Mendez
  • Number of employees: 1,000-5,000
  • Funding: $484.32M
  • Funding rounds: 8
  • Number of investors: 17

You can find their website here.

8) Xingyun Group

Xingyun Group

XINGYUN GROUP provides an international service network in China, covering all aspects of business and trade for our customers.

Details of the startup:

  • Valuation: $2.00B (September 2020)
  • Country: China
  • State: Guangdong
  • City: Shenzhen
  • Started in: 2015
  • Founders: Billy Wang
  • Number of employees: 1,000-5,000
  • Funding: $953.50M
  • Funding rounds: 6
  • Number of investors: 27

You can find their website here.

9) Alloy

Alloy

Alloy is a developer of an identity verification technology that enables banks to identify fraud and manage identities effectively and simply.

Details of the startup:

  • Valuation: $1.55B (September 2021)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2015
  • Founders: Evan Goldenberg, Joel Beal, Roberto Carli, Zack Reynolds
  • Number of employees: 50-100
  • Funding: $155.92M
  • Funding rounds: 2
  • Number of investors: 3

You can find their website here.

10) Yijiupi

Yijiupi

Yijiupi is a one-of-a-kind e-commerce platform that connects beverage suppliers and consumers directly. With this innovative business model, they are transforming the beverage industry.

Details of the startup:

  • Valuation: $1.50B (September 2018)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2014
  • Founders: Sheng Qiang Chen, Shi Tao
  • Number of employees: 1,000-5,000
  • Funding: $2,517.00M
  • Funding rounds: 7
  • Number of investors: 15

You can find their website here.

11) Airbyte

Airbyte

Airbyte is an open-source data integration tool that enables the unification and connection of disparate data kinds.

Details of the startup:

  • Valuation: $1.50B (December 2021)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2020
  • Founders: John Lafleur, Michel Tricot
  • Number of employees: 1-10
  • Funding: $220.00M
  • Funding rounds: 5
  • Number of investors: 23

You can find their website here.

12) Shiprocket

Shiprocket

Shiprocket is an e-commerce shipping platform that enables direct-to-consumer retailers to offer low-cost shipping.

Details of the startup:

  • Valuation: $1.30B (August 2022)
  • Country: India
  • State: Delhi
  • City: New Delhi
  • Started in: 2017
  • Founders: Akshay Ghulati, Gautam Kapoor, Saahil Goel, Vishesh Khurana
  • Number of employees: 501-1000
  • Funding: $386.80M
  • Funding rounds: 10
  • Number of investors: 31

You can find their website here.

13) STORD

STORD

Stord provides cloud supply chain services to brands who seek visibility and control over their inventory.

Details of the startup:

  • Valuation: $1.30B (September 2021)
  • Country: United States
  • State: Georgia
  • City: Atlanta
  • Started in: 2015
  • Founders: Jacob Boudreau, Sean Henry
  • Number of employees: 500-1,000
  • Funding: $201.04M
  • Funding rounds: 5
  • Number of investors: 24

You can find their website here.

14) Loadsmart

Loadsmart

Loadsmart helps shippers move their freight fast and carriers keep trucks full.

Details of the startup:

  • Valuation: $1.30B (February 2022)
  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2014
  • Founders: Felipe Capella, Ricardo Salgado
  • Number of employees: 250-500
  • Funding: $345.20M
  • Funding rounds: 7
  • Number of investors: 16

You can find their website here.

15) Manner

Manner

Manner is a specialty coffee chain, committed to exceptional atmosphere, taste, and style while maintaining a sustainable work environment.

Details of the startup:

  • Valuation: $1.30B (December 2020)
  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2015
  • Founders: Yulong Han
  • Number of employees: 50-100
  • Funding: $497.19M
  • Funding rounds: 3
  • Number of investors: 4

You can find their website here.

16) Xpressbees

Xpressbees

Xpressbees is an e-commerce logistics company that offers customized express delivery services.

Details of the startup:

  • Valuation: $1.20B (February 2022)
  • Country: India
  • City: Maharashtra
  • Started in: 2012
  • Founders: Amitava Saha, Supam Maheshwari
  • Number of employees: 10,000+
  • Funding: $472.94M
  • Funding rounds: 9
  • Number of investors: 14

You can find their website here.

17) Yimidida

Yimidida

Yimidida is a Chinese pioneer in the crowd-sourced delivery industry which provides high-quality logistics services with an AI algorithm model.

Details of the startup:

  • Valuation: $1.17B (January 2019)
  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2015
  • Founders: Yang Xingyun
  • Number of employees: 10,000+
  • Funding: $553.61M
  • Funding rounds: 6
  • Number of investors: 10

You can find their website here.

18) Nowports

Nowports

Nowports is a digital freight forwarder that helps businesses automate their supply chain processes.

Details of the startup:

  • Valuation: $1.10B (May 2022)
  • Country: Mexico
  • State: Nuevo Leon
  • City: Monterrey
  • Started in: 2018
  • Founders: Alfonso De los Rios, Maximiliano Casal
  • Number of employees: 501-1000
  • Funding: $242.60M
  • Funding rounds: 6
  • Number of investors: 25

You can find their website here.

19) Sennder

Sennder

sennder is a digital freight-forwarding company that empowers commercial shippers to get their goods where they need to go, faster.

Details of the startup:

  • Valuation: $1.10B (January 2021)
  • Country: Germany
  • City: Berlin
  • Started in: 2015
  • Founders: David Nothacker, Julius Koehler, Nicolaus Schefenacker
  • Number of employees: 500-1,000
  • Funding: $310.02M
  • Funding rounds: 9
  • Number of investors: 20

You can find their website here.

20) BlackBuck

BlackBuck

Blackbuck is an Indian logistics company that simplifies trucking for shippers and drivers alike.

Details of the startup:

  • Valuation: $1.02B (July 2021)
  • Country: India
  • City: Bengaluru
  • Started in: 2015
  • Founders: Chanakya Hridaya, Rajesh Yabaji, Ramasubramaniam B
  • Number of employees: 1,000-5,000
  • Funding: $330.88M
  • Funding rounds: 9
  • Number of investors: 17

You can find their website here.

21) FourKites

FourKites

FourKites is a supply chain visibility platform designed for delivery into yards, warehouses, and retail locations.

Details of the startup:

  • Valuation: $1.00B (June 2022)
  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2014
  • Founders: Mathew Joseph Elenjickal
  • Number of employees: 501-1000
  • Funding: $241.50M
  • Funding rounds: 8
  • Number of investors: 15

You can find their website here.

22) Flexe

Flexe

Flexe provides eCommerce fulfilment, retail distribution, same-day delivery, and network capacity through omnichannel logistics programmes.

Details of the startup:

  • Valuation: $1.00B (April 2022)
  • Country: United States
  • State: Washington
  • City: Seattle
  • Started in: 2013
  • Founders: Edmond Yue, Francis Duong, Karl Siebrecht
  • Number of employees: 251-500
  • Funding: $263.00M
  • Funding rounds: 7
  • Number of investors: 16

You can find their website here.

23) Assent Inc.

Assent Inc.

Assent Inc. provides cloud-based SaaS solutions for product compliance, trade compliance, and environmental sustainability.

Details of the startup:

  • Valuation: $1.00B (January 2022)
  • Country: Canada
  • State: Ontario
  • City: Ottawa
  • Started in: 2010
  • Founders: Matt Whitteker, Robert Imbeault
  • Number of employees: 501-1000
  • Funding: $533.63M
  • Funding rounds: 5
  • Number of investors: 9

You can find their website here.

24) EcoVadis

EcoVadis

EcoVadis provides a collaborative platform for businesses to evaluate their suppliers' environmental and social performance.

Details of the startup:

  • Valuation: $1.00B (June 2022)
  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2007
  • Founders: Frederic Trinel, Pierre Francois Thaler
  • Number of employees: 501-1000
  • Funding: $735.79M
  • Funding rounds: 8
  • Number of investors: 11

You can find their website here.

25) Interos

Interos

Interos helps companies manage risk and continuously monitor their supply chain and business relationships to avoid disruptions.

Details of the startup:

  • Valuation: $1.00B (July 2021)
  • Country: United States
  • State: Virginia
  • City: Arlington
  • Started in: 2005
  • Founders: Jennifer Bisceglie
  • Number of employees: 250-500
  • Funding: $132.35M
  • Funding rounds: 4
  • Number of investors: 5

You can find their website here.

26) Shippo

Shippo

Shippo is a shipping platform that helps e-commerce companies manage their shipping operations more seamlessly.

Details of the startup:

  • Valuation: $1.00B (June 2021)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2013
  • Founders: Laura Behrens Wu, Max M. Diez, Simon Kreuz
  • Number of employees: 100-250
  • Funding: $154.03M
  • Funding rounds: 10
  • Number of investors: 20

You can find their website here.

27) YH Global

YH Global

YH Global provides comprehensive transport distribution solutions that enable cost savings, faster turnaround times, and improved efficiency. They have a full service logistics company that integrates all modes of transportation including air, sea, road, and rail to transport your goods worldwide.

Details of the startup:

  • Valuation: $1.00B (September 2017)
  • Country: China
  • State: Guangdong
  • City: Shenzhen
  • Started in: 1997
  • Founders: Zhang Quan
  • Number of employees: 50-100
  • Funding: $182.05M
  • Funding rounds: 1
  • Number of investors: 5

You can find their website here.

28) Bringg

Bringg

Bringg is a data-driven delivery and fulfillment platform that enables merchants and logistics providers to offer last-mile delivery solutions.

Details of the startup:

  • Valuation: $1.00B (June 2021)
  • Country: Israel
  • City: Tel Aviv
  • Started in: 2013
  • Founders: Lior Sion, Raanan Cohen
  • Number of employees: 100-250
  • Funding: $184.50M
  • Funding rounds: 8
  • Number of investors: 16

You can find their website here.

29) FXiaoKe

FXiaoKe

FXiaoKe is a cloud-based mobile communication platform that leverages the power of social media and mobile devices to improve team performance.

Details of the startup:

  • Valuation: $1.00B (July 2015)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2011
  • Founders: Luo Xu
  • Number of employees: 250-500
  • Funding: $293.00M
  • Funding rounds: 9
  • Number of investors: 11

You can find their website here.

30) ShipBob

ShipBob

ShipBob is a global logistics company that offers an e-commerce fulfillment order platform for direct-to-​consumer brands.

Details of the startup:

  • Valuation: $1.00B (June 2021)
  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2014
  • Founders: Dhruv Saxena, Divey Gulati, George Wojciechowski, Jivko Bojinov
  • Number of employees: 500-1,000
  • Funding: $331.10M
  • Funding rounds: 8
  • Number of investors: 33

You can find their website here.

31) Fabric

Fabric

Fabric enables retailers to offer same-day delivery at profitable unit economics with a network of micro-fulfillment centers.

Details of the startup:

  • Valuation: $1.00B (October 2021)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2015
  • Founders: Elram Goren, Eyal Goren, Ori Avraham, Shay Cohen, Tom Bassett
  • Number of employees: 250-500
  • Funding: $336.00M
  • Funding rounds: 5
  • Number of investors: 17

You can find their website here.

32) CargoX

CargoX

Cargox is a non-profit organization dedicated to disrupting the container shipping sector

Details of the startup:

  • Valuation: $1.00B (October 2021)
  • Country: Brazil
  • City: Sao Paulo
  • Started in: 2015
  • Founders: Stefan Kukman
  • Number of employees: 1-10
  • Funding: $377.93M
  • Funding rounds: 1

You can find their website here.

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