How Much Did Portcast Raise?
Funding & Key Investors

Portcast, a prominent player in the predictive logistics visibility sector, has successfully secured a major strategic investment to accelerate its market expansion. This latest capital injection, totaling $6.5M, underscores the firm's growing influence in the supply chain technology landscape. With a cumulative backing of $9.7M, the company is well-positioned to scale its operations and enhance its proprietary predictive analytics engine, which serves as a critical tool for global logistics providers and manufacturers navigating complex supply chain disruptions.

What is Portcast?

Portcast
SoftwareSupply Chain Management (SCM) Software

Portcast operates as a sophisticated real-time and predictive transportation visibility platform. By leveraging advanced data analytics, the company provides actionable insights into container shipments, port congestion, and air cargo movements. This technological infrastructure enables logistics service providers and enterprise-level clients to optimize their supply chain resilience and profitability. In an era where supply chain transparency is paramount, Portcast distinguishes itself by transforming fragmented logistics data into reliable, predictive intelligence, thereby facilitating more efficient global trade operations.

How much funding has Portcast raised?

Portcast has raised a total of $9.7M across 2 funding rounds:

2021

Angel/Seed

$3.2M

2024

Series A

$6.5M

Angel/Seed (2021): $3.2M with participation from Bernhard Schulte Holdings, Newtown Partners, SGInnovate, Wavemaker Partners, and TMV

Series A (2024): $6.5M led by Susquehanna International Group, TMV Global, Innoport, Signal Ventures, Wavemaker Partners, and Hearst

Key Investors in Portcast

Susquehanna International Group

A global financial firm that leverages quantitative applications to maintain liquidity and execution capabilities across diverse asset classes, including venture capital and private equity.

Wavemaker Partners

A leading Southeast Asian venture capital firm specializing in early-stage investments in Enterprise, Deep Tech, and Sustainability sectors with a focus on regional impact.

Hearst

A global diversified media and information services company with a significant portfolio in transportation technology, financial intelligence, and data-driven analytics.

What's next for Portcast?

With the successful closure of this major enterprise-level funding round, Portcast is poised to enter a new phase of rapid scaling. The strategic capital will likely be deployed toward deepening its AI-driven predictive capabilities and expanding its footprint in key international markets. As the logistics industry continues to prioritize digital transformation and sustainability, Portcast's focus on high-fidelity data and real-time visibility positions it as a vital partner for organizations seeking to mitigate operational risks. Future growth will likely center on integrating broader multimodal tracking solutions and strengthening its ecosystem of logistics technology partners to maintain its competitive edge in the global market.

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Frequently Asked Questions Regarding Portcast Financial Insights

What are the most recent funding rounds that Portcast has completed, and what were the funding rounds?
Portcast has recently completed 2 funding rounds: Series A on Nov 18, 2024, Angel/Seed on Sep 7, 2021.
What is the total amount of funding Portcast has raised to date?
Portcast has raised a total of $9.7M in funding to date.
How many funding rounds has Portcast completed?
Portcast has completed 2 funding rounds.
How much funding did Portcast raise in its most recent funding round?
Portcast raised $6.5M in its most recent funding round.
Who are the lead investors in Portcast's latest funding round?
The lead investor in Portcast's latest funding round was Susquehanna International Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Portcast's history?
The largest funding round in Portcast's history was $6.5M.
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