What is Wakeo?
Wakeo operates a Software-as-a-Service (SaaS) platform designed to provide real-time visibility across B2B multimodal transport flows, encompassing sea, air, and road. By leveraging advanced data science and machine learning algorithms, the solution empowers shippers and forwarders to optimize their supply chain operations, enhance customer experience, and move towards a predictive model. The platform's interoperable and agnostic nature allows it to collect and integrate data from diverse sources, offering predictive tracking capabilities.
How much funding has Wakeo raised?
Wakeo has raised a total of $32.6M across 3 funding rounds:
Unspecified
$2.1M
Series A
$11M
Other Financing Round
$19.5M
Unspecified (2019): $2.1M with participation from Techstars and 50 Partners
Series A (2021): $11M led by 360 Capital and Promotion Ventures
Other Financing Round (2023): $19.5M supported by Techstars, Statkraft Ventures, and 360 Capital Partners
Key Investors in Wakeo
Techstars
Techstars is a global investment firm that supports entrepreneurs through accelerator programs and venture capital funds, aiming to foster thriving startup communities and enable innovation.
Promotion Ventures
Promotion Ventures is an investment firm that supports early-stage DeepTech startups, focusing on solving complex problems and enhancing everyday lives globally.
Statkraft Ventures
Statkraft Ventures invests in early and growth-stage startups within the energy and climate tech sectors, partnering with entrepreneurs to drive innovation in the green energy transition.
What's next for Wakeo?
The substantial enterprise-level investment and recent strategic financing indicate a strong market validation for Wakeo's predictive supply chain technology. This capital infusion is likely to fuel further platform development, expansion into new markets, and scaling of its sales and marketing efforts. The company is well-positioned to capitalize on the growing demand for supply chain resilience and efficiency, further solidifying its role as a key player in the logistics technology sector.
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