How Much Did FreightWaves Raise?
Funding & Key Investors

FreightWaves has successfully navigated multiple capital infusion cycles to solidify its position as a dominant force in supply chain intelligence. With a cumulative total of $86M raised across various growth stages, the company continues to attract significant institutional interest. The most recent strategic investment of $16M underscores the market's confidence in the firm's ability to provide high-frequency data for the global physical economy, further accelerating its trajectory toward enterprise-level dominance.

The company's funding history reflects a deliberate expansion strategy, beginning with its Series A round in 2018, followed by a Series B in 2019, and subsequent private equity rounds in 2020 and 2021. This consistent backing from top-tier investors highlights the critical nature of FreightWaves' data infrastructure in an increasingly volatile global logistics landscape.

What is FreightWaves?

FreightWaves
Business ServicesSoftware TestingData Collection & Internet Portals

FreightWaves operates as a premier price reporting agency (PRA) and the leading provider of high-frequency data for the global supply chain. Its flagship SaaS platform, SONAR, serves as a vital utility for industry participants, offering billions of data points that enable real-time benchmarking, demand forecasting, and capacity monitoring. By digitizing the physical economy, FreightWaves empowers logistics providers and enterprise shippers to optimize routing and operational efficiency. The company sits at the intersection of big data, logistics technology, and financial intelligence, providing the transparency necessary for modern supply chain management.

How much funding has FreightWaves raised?

FreightWaves has raised a total of $86M across 4 funding rounds:

2018

Series A

$13M

2019

Series B

$20M

2020

Private Equity

$37M

2021

Private Equity

$16M

Series A (2018): $13M with participation from The 8VC

Series B (2019): $20M led by Prologis, 8VC, and Hearst Ventures

Private Equity (2020): $37M supported by Revolution, Hearst, Kayne Anderson Capital Advisors, Story Ventures, 8VC, Engage Venture Fund, Fontinalis Partners, and Prologis

Private Equity (2021): $16M featuring Triangle Peak Partners

Key Investors in FreightWaves

Prologis

Prologis is a global leader in logistics real estate, specializing in the development and management of distribution centers that support the backbone of global e-commerce and supply chain operations.

Hearst

Hearst is a diversified global media and information services company with a strong focus on financial intelligence, data analytics, and technology-enabled services for business markets.

8VC

8VC is a prominent venture capital firm that focuses on building and investing in transformative technology companies, particularly those disrupting legacy industries through data and software.

What's next for FreightWaves?

Looking ahead, FreightWaves is well-positioned to leverage its recent capital influx to deepen its data moat and expand its footprint within the global logistics ecosystem. As supply chain resilience becomes a top priority for multinational corporations, the demand for the high-fidelity, predictive insights provided by SONAR is expected to grow. The company is likely to focus on scaling its product suite, enhancing its AI-driven forecasting capabilities, and potentially exploring new vertical integrations within the transportation and industrial real estate sectors. By maintaining its focus on data-driven decision support, FreightWaves is poised to remain an indispensable partner for organizations navigating the complexities of global trade.

See full FreightWaves company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Advertising NetworksBusiness ServicesFreight & Logistics ServicesTransportationRetailHome Improvement & Hardware Retail
Business ServicesSoftware Testing
Business ServicesSecurity Information and Event Management (SIEM)Human Resources Management Systems (HRMS)
Business ServicesHuman Resources Management Systems (HRMS)

Frequently Asked Questions Regarding FreightWaves Financial Insights

What are the most recent funding rounds that FreightWaves has completed, and what were the funding rounds?
FreightWaves has recently completed 3 funding rounds: Private Equity on May 19, 2021, Private Equity on Jul 27, 2020, Series B on Feb 25, 2019.
What is the total amount of funding FreightWaves has raised to date?
FreightWaves has raised a total of $86M in funding to date.
How many funding rounds has FreightWaves completed?
FreightWaves has completed 3 funding rounds.
How much funding did FreightWaves raise in its most recent funding round?
FreightWaves raised $16M in its most recent funding round.
Who are the lead investors in FreightWaves's latest funding round?
The lead investor in FreightWaves's latest funding round was Triangle Peak Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in FreightWaves's history?
The largest funding round in FreightWaves's history was $37M.
See more information about FreightWaves