The supply chain management sector includes 35 unicorn companies operating globally. Hong Kong's Lalamove has a $10 billion valuation, while San Francisco's Flexport has raised $2.7 billion in funding.
The industry's diversity is shown by companies like Zipline, which uses drones for medical deliveries, and Finland's RELEX Solutions, which focuses on AI-based retail planning.
Below is the full list of 35 Supply Chain Management unicorn startups at this time.
Top 10 Most Valuable Supply Chain Management Unicorns
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Get the Sheet for $50Lalamove built a platform for on-demand and same-day delivery, connecting users with a fleet of local drivers. They specialize in fast, simple logistics for both individuals and businesses through their mobile and web apps.
| Valuation | $10B |
| Headquarters | Hong Kong, Hong Kong Island, Hong Kong |
| Year Founded | 2013 |
| Founders | Chow Shing Yuk, Gary Hui, Santit Jirawongkraisorn |
| Funding Amount | $2.5B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | HSG, Vitruvian Partners, Shunwei Capital, Eastern Bell Capital, Hillhouse Investment |
Flexport operates a logistics platform that uses software to simplify the complexities of global trade. They give businesses a single tool to manage freight forwarding and shipping, offering visibility into a traditionally opaque process.
| Valuation | $8B (Joined April 2018) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2013 |
| Founders | David Petersen, Ryan Petersen |
| Funding Amount | $2.7B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | BoxGroup, Founders Fund, FPV Ventures, Y Combinator, Andreessen Horowitz |
RELEX Solutions offers a unified AI platform for optimizing supply chain and retail planning. Their software helps retailers and consumer brands improve forecasting, automate key processes, and adapt to shifting customer demand.
| Valuation | $6B |
| Headquarters | Helsinki, Southern Finland, Finland |
| Year Founded | 2005 |
| Founders | Johanna Småros, Michael Falck, Mikko Kärkkäinen |
| Funding Amount | $814.6M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | TCV, Nordea, Summit Partners, BP, Blackstone Group |
Manner operates a specialty coffee chain with the mission to make high-quality coffee healthy and affordable for everyone. They are known for their minimalist cafes and focus on providing premium coffee without the premium price tag.
| Valuation | $5B (Joined December 2020) |
| Headquarters | Shanghai, Shanghai, China |
| Year Founded | 2015 |
| Founders | Yulong Han |
| Funding Amount | —0 |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | Coatue, Longzhu Capital, Capital Today, Temasek Holdings, ByteDance |
Zipline designs and operates an autonomous drone delivery system for instant logistics. They are best known for transporting vital medical products, including blood and vaccines, to health facilities.
| Valuation | $4.2B (Joined May 2019) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2011 |
| Founders | James Knight, Keenan Wyrobek, Keller Rinaudo Cliffton, Will Hetzler |
| Funding Amount | $821M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | TPG, Techstars, Sequoia Capital, Andreessen Horowitz, Temasek Holdings |
GrubMarket operates an AI-powered B2B marketplace that digitizes the American food supply chain for producers and commercial buyers. They also provide a proprietary software suite, featuring the SaaS platform WholesaleWare, to help food industry businesses streamline their operations.
| Valuation | $4B (Joined September 2021) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2014 |
| Founders | Mike Xu |
| Funding Amount | $549.1M |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series G |
| Top Investors | BlackRock, Alumni Ventures, Trinity Capital, Battery Ventures, Gaingels |
project44 built a visibility platform that serves as the connective tissue for modern supply chains. Their technology gives companies end-to-end tracking and predictive insights for shipments across every mode of transportation.
| Valuation | $3B (Joined June 2021) |
| Headquarters | Chicago, Illinois, United States |
| Year Founded | 2014 |
| Founders | Jett McCandless, Wally Ibrahim |
| Funding Amount | $942.9M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Sapphire Ventures, Insight Partners, Emergence Capital, TPG, Thoma Bravo |
Uber Freight operates a logistics platform connecting shippers with a vast network of carriers. Their technology brings on-demand booking and real-time tracking to the freight industry, streamlining how goods are moved.
| Valuation | $3B |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2017 |
| Founders | Bill Driegert, Brian Cristol, Charlie Bergevin, John Stauffer, Lior Ron |
| Funding Amount | $1.1B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Greenbriar Equity Group, D1 Capital Partners, GCM Grosvenor, Abu Dhabi Growth Fund |
Jusda provides end-to-end supply chain management solutions for businesses, specializing in the electronics and logistics industries. Their services help companies orchestrate complex global manufacturing and distribution networks.
| Valuation | $3B |
| Headquarters | Shenzhen, Guangdong, China |
| Year Founded | 2014 |
| Founders | — |
| Funding Amount | CN¥2.4B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series A |
| Top Investors | Oriza Holdings, China Life Insurance, TI Capital, IDG Capital, CICC |
Forto provides a digital freight forwarding platform designed to manage complex global supply chains. Their technology gives businesses greater visibility and control over their shipments, replacing traditional manual processes with a more transparent and efficient system.
| Valuation | $2.1B (Joined June 2021) |
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2016 |
| Founders | Erik Muttersbach, Fabian Heilemann, Ferry Heilemann, Michael Wax |
| Funding Amount | $593.4M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | G Squared, Global Founders Capital, Northzone, Cherry Ventures, IRIS |
The Remaining 25 Supply Chain Management Unicorns
Beyond the top ten, a whole group of companies is making big moves in this space. While many are based in the United States, founders from China to Brazil are also building billion-dollar businesses.
Some are scaling quickly while others are just getting started on their journey. Here is a look at the other unicorn startups that are changing how supply chains work.