What is Wakeo?
Wakeo operates a Software-as-a-Service (SaaS) platform designed to bring real-time visibility to B2B multimodal transport flows, encompassing sea, air, and road. Headquartered in Paris, France, the company leverages data science and machine learning algorithms to help shippers and forwarders optimize their supply chain operations and enhance customer experience. The platform's interoperable and agnostic nature allows it to collect and integrate data from diverse sources, providing predictive tracking capabilities that move beyond traditional reactive logistics.
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 50 Partners and Techstars
Series A (2021): $11M led by Promotion Ventures and 360 Capital
Other Financing Round (2023): $19.5M supported by 360 Capital Partners, Statkraft Ventures, and Techstars
Key Investors in Wakeo
360 Capital Partners
360 Capital Partners is a European venture capital firm with a strong focus on innovation, particularly in France and Italy. With over 15 years of experience and significant assets under management, they invest in and support technology companies throughout their growth stages, leveraging an extensive international network.
Statkraft Ventures
Statkraft Ventures invests in entrepreneurs within the energy and climate tech sectors, operating both internationally and within Norway. They focus on early and growth-stage startups, aiming to drive innovation in the green energy transition and support the scaling of sustainable businesses.
Techstars
Techstars is a global investment firm and accelerator that supports entrepreneurs and startups. They aim to foster thriving startup communities by connecting founders, investors, and corporations, and operate accelerator programs and venture capital funds worldwide.
What's next for Wakeo?
The recent major strategic investment signals a pivotal stage for Wakeo, likely enabling significant expansion of its technological capabilities and market reach. This capital will probably be directed towards enhancing its predictive analytics, broadening its data integration partnerships, and scaling its sales and operations teams to meet growing global demand for supply chain optimization. The company's focus on turning supply chains from reactive to predictive positions it to capitalize on the increasing need for resilient and efficient logistics in a dynamic global economy.
See full Wakeo company page
