What is Freightos?
Freightos operates as a sophisticated digital logistics platform designed to streamline the complexities of international shipping. By providing a centralized marketplace, the company enables businesses to compare, book, and track freight services with unprecedented transparency. The platform serves as a vital conduit for both small-to-medium enterprises and large-scale corporations, offering integrated tools for documentation management and real-time communication. This digital-first strategy effectively replaces legacy manual processes, positioning Freightos as a leader in the logistics technology sector, or LogTech, where it facilitates seamless connectivity across the global trade ecosystem.
How much funding has Freightos raised?
Freightos has raised a total of $88M across 3 funding rounds:
Series A
$4.6M
Series B
$39M
Series C
$44.4M
Series A (2014): $4.6M with participation from Aleph and MoreVC
Series B (2017): $39M led by General Electric, ICV Group, Sadara Ventures - The Middle East Venture Capital Fund, Aleph, MSR Capital, Annox Capital, and OurCrowd
Series C (2018): $44.4M supported by Singapore Exchange
Key Investors in Freightos
Aleph
Aleph is an early stage venture capital fund that partners with Israeli entrepreneurs to help scale them into globally recognized brands across sectors including logistics and fintech.
General Electric
General Electric is a global infrastructure and technology conglomerate that provides innovative industrial solutions and digital services across aviation, power, and transportation sectors.
Annox Capital
Annox Capital is an investment firm focused on advising and funding businesses that utilize disruptive technology and unconventional strategies across diverse industries including logistics.
What's next for Freightos?
With the support of major enterprise-level funding, Freightos is well-positioned to accelerate its product roadmap and expand its footprint in the global logistics market. The company is expected to leverage its recent capital to enhance its algorithmic pricing engines and deepen its integration with global trade infrastructure. As the industry shifts toward greater automation and data-driven decision-making, Freightos is poised to capitalize on the increasing demand for digital freight solutions. Future strategic initiatives will likely focus on scaling its network of service providers and refining its enterprise software suite to maintain its competitive edge in an increasingly digitized global economy.
See full Freightos company page