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The worldwide provide chain market is projected to eclipse $30.9B by 2026, which is up over $15.3B from its price in 2020.
We’ve ready an inventory of 39 high-growth logistics startups digitizing the trade, together with funding and search curiosity information on every firm.
1. Paack
5-year search development: 900%
Search development standing: Exploding
Yr based: 2015
Location: Barcelona, Spain
Funding: $367.9M (Collection Unkown)
What they do: Paack offers eCommerce supply companies. The corporate makes a speciality of identical and subsequent day deliveries (with time slots chosen by prospects). Together with shipments of standard objects, the startup additionally gives chilly chain deliveries. The Spanish startup gives protection in over 60 cities in Spain, Portugal, France, and the UK.
2. Shiprocket
5-year search development: 1,038%
Search development standing: Exploding
Yr based: 2017
Location: New Delhi, India
Funding: $399.1M (Collection E)
What they do: Shiprocket is an Indian ecommerce logistics firm that gives a platform for companies to handle their delivery and logistics wants. Its platform offers a variety of instruments and companies for companies, together with delivery charge comparisons, label technology, and real-time monitoring. Shiprocket’s options intention to assist companies of all sizes to streamline their delivery processes and enhance their buyer expertise.
3. Motive
5-year search development: 99x+
Search development standing: Exploding
Yr based: 2013
Location: San Francisco, CA
Funding: $567.3M (Collection F)
What they do: Motive, previously generally known as KeepTruckin, is a startup that gives fleet administration options. Their platform is designed to assist trucking corporations guarantee driver security, obtain upkeep alerts, and keep ELD compliant. Moreover, it additionally helps them streamline their workflows. It’s estimated that Motive earns as much as $500M in income yearly.
4. Cargo One
5-year search development: 71%
Search development standing: Common
Yr based: 2017
Location: Berlin, Germany
Funding: $63.8M (Collection B)
What they do: Cargo.one operates an air freight reserving platform. The corporate’s resolution helps corporations seek for quotes, evaluate choices throughout numerous airways, and ebook quotes with immediate affirmation. The startup works with greater than 10 airways, together with Lufthansa Cargo and Etihad Cargo.
5. FourKites
5-year search development: -6%
Search development standing: Common
Yr based: 2014
Location: Chicago, IL
Funding: $241.5M (Company Spherical)
What they do: FourKites gives a provide chain platform with real-time visibility. Their product helps prospects with cargo ETAs, temperature monitoring, and provide chain information evaluation. The startups boast having 9 out of the highest 10 CPG corporations (and 18 out of 20 main meals and beverage corporations) amongst their prospects.
6. AxleHire
5-year search development: 225%
Search development standing: Common
Yr based: 2015
Location: San Francisco, CA
Funding: $44.7M (Collection Unknown)
What they do: AxleHire makes a speciality of last-mile supply options for eCommerce and retail shoppers. The corporate is noteworthy for its dynamic routing algorithm and useful resource allocation software program. The SF-based startup rebranded to Jitsu in April 2024.
7. ShipHero
5-year search development: 148%
Search development standing: Common
Yr based: 2013
Location: Garnerville, New York
Funding: $60.4M (Collection Unknown)
What they do: ShipHero is a warehouse and stock administration platform for ecommerce corporations and 3PL suppliers. The startup stands out as a result of their warehouse administration system (WMS) instantly integrates with on-line shops via Shopify, Woocommerce, and many others. For the reason that firm launched in 2013, they’ve labored with over 5,000 eCommerce manufacturers and 3PLs.
8. Lalamove
5-year search development: 234%
Search development standing: Exploding
Yr based: 2013
Location: Hong Kong, Hong Kong
Funding: $2.5B (Collection F)
What they do: Lalamove gives on-demand van hailing and supply companies. The service operates seven days every week, 24 hours a day. Like a conventional ridesharing app, customers can observe automobiles in real-time and depart a ranking after supply.
9. Sennder
5-year search development: 250%
Search development standing: Common
Yr based: 2015
Location: Berlin, Germany
Funding: $340M (Collection D)
What they do: Sennder is a digital freight forwarder working in Europe. The corporate’s platform connects industrial shippers instantly with street freight corporations, serving to to digitize the logistics course of. Sennder’s options embody monitoring, value visibility, and customized reporting.
10. Flock Freight
5-year search development: 2,400%
Search development standing: Peaked
Yr based: 2015
Location: Encinitas, CA
Funding: $399M (Collection D)
What they do: Flock Freight is a logistics startup that makes a speciality of shared truckload supply. The corporate’s algorithms assist bundle less-than-truckload (LTL) freight into multi-stop full truckloads. Flock Freight is an authorized B Company and offsets carbon emissions. In Flock Freight’s most up-to-date funding spherical, Collection D, the corporate managed to boost $215M and obtained a valuation of $1B.
11. GroundCloud
5-year search development: 260%
Search development standing: Exploding
Yr based: 2016
Location: Minneapolis, Minnesota
Funding: Undisclosed
What they do: GroundCloud is a cloud-based logistics SaaS startup. Particularly, the platform permits enterprises to trace their fleets, optimize routes, conduct compliance and security coaching, and set up schedules. The system is presently utilized by over 10,000 corporations. In line with Pitchbook, the startup is seeking to shut a $500K funding spherical.
12. Cubyn
5-year search development: 3%
Search development standing: Peaked
Yr based: 2014
Location: Paris, France
Funding: $79.4M (Collection D)
What they do: Cubyn is a achievement supplier for eCommerce retailers. The corporate offers end-to-end options, together with stock synchronization with eCommerce platforms, stock administration, and shipments. Following a latest funding spherical in March 2021, the French startup plans to increase the group and open a full “automated” facility in France.
13. Flowspace
5-year search development: 67%
Search development standing: Common
Yr based: 2017
Location: Los Angeles, CA
Funding: $46.5M (Collection B)
What they do: Flowspace is a cloud-based achievement platform. Flowspace has integrations with main on-line retailers (together with Shopify, Walmart, and Amazon). The corporate’s options embody permitting prospects to ebook warehouse storage and request stock pickup. In addition they supply extra concerned companies, like “kitting” (combining a number of objects collectively right into a single bundle) and labeling.
14. Schüttflix
5-year search development: 6,400%
Search development standing: Common
Yr based: 2018
Location: Gütersloh, Germany
Funding: $116.8M (Collection A)
What they do: Schüttflix is an ordering and supply platform for bulk building materials. The corporate’s service connects suppliers and truckers with prospects so as to ship items to building websites. Their cellular app features a real-time monitoring function. Of their most up-to-date funding spherical, Schüttflix managed to boost $50M and the corporate plans to start delivering internationally.
15. ClickShip
5-year search development: 7,100%
Search development standing: Common
Yr based: 2021
Location: Caledon, Canada
Funding: Undisclosed
What they do: ClickShip is an eCommerce delivery platform for on-line sellers. It gives order administration instruments, real-time delivery charges, automated achievement options, monitoring and returns, and integration with Shopify, WooCommerce, and Wix to attach and handle your retailer in a single place.
16. Nuvocargo
5-year search development: 800%
Search development standing: Peaked
Yr based: 2019
Location: New York, NY
Funding: $74.4M (Collection B)
What they do: Nuvocargo is a cross-border freight companies supplier. Firm options embody freight forwarding between Mexico, the US, and Canada, customs administration, cargo insurance coverage, and provide chain financing. Extra just lately, Nuvocargo obtained $20.5M in funding led by Tiger International Administration and is now valued at $180M.
17. Huboo
5-year search development: 444%
Search development standing: Exploding
Yr based: 2017
Location: Bristol, United Kingdom
Funding: $112.1M (Collection Unknown)
What they do: Huboo offers achievement companies for on-line retailers. Along with order achievement, the startup additionally handles returns administration on request. Huboo has integrations with main on-line gross sales channels (eBay, Amazon, and Shopify) so as to allow automated stock synchronization.
18. Seven Senders
5-year search development: 32%
Search development standing: Common
Yr based: 2014
Location: Berlin, Germany
Funding: $65.8M (Collection C)
What they do: Seven Senders is a supply platform for shipments inside Europe. The corporate’s options assist join retailers with last-mile delivery corporations inside the EU. In addition they present a monitoring and reporting system designed to optimize delivery processes.
19. GoFor
5-year search development: 6%
Search development standing: Common
Yr based: 2016
Location: Ottawa, Canada
Funding: $24.7M (Collection A)
What they do: GoFor operates a last-mile logistics platform for shoppers within the building trade. GoFor’s companies embody on-demand same-day and scheduled deliveries throughout metro areas within the USA and Canada. The platform consists of reporting and integration options with third-party methods.
20. FLEXE
5-year search development: -5%
Search development standing: Peaked
Yr based: 2013
Location: Seattle, WA
Funding: $263M (Collection D)
What they do: FLEXE operates a digital platform for on-demand warehousing and achievement. The corporate’s community consists of greater than 1,000 warehouses throughout the US. FLEXE permits customers to handle stock, observe shipments, handle orders, and monitor operations. The Seattle- primarily based startup serves prospects searching for 3 major use circumstances: eCommerce achievement, retail distribution, and stock overflow.
21. Ninja Van
5-year search development: 13%
Search development standing: Peaked
Yr based: 2014
Location: Singapore, Singapore
Funding: $974.5M (Collection E)
What they do: Ninja Van offers delivery options for companies in 7 international locations in Southeast Asia. The corporate operates a community of bodily places and gives a last-mile courier service. In addition to delivery and logistics options, the startup additionally has a cash-on-delivery service.
22. CargoX
5-year search development: 128%
Search development standing: Common
Yr based: 2013
Location: Sao Paulo, Brazil
Funding: $390.1M (Collection F)
What they do: CargoX is a freight brokerage firm that leverages machine studying and massive information know-how to attach shippers with carriers. Their platform is designed to permit prospects to trace, observe, and optimize their shipments. In addition they enable carriers to accomplice up with them to search out new shippers. In line with their web site, they cowl greater than 466,000 miles each week to ship shipments.
23. Cubbo
5-year search development: 7,500%
Search development standing: Exploding
Yr based: 2020
Location: Bogotá, Colombia
Funding: $8M (Seed Spherical)
What they do: Cubbo is a Colombian e-commerce achievement startup that gives order administration, order packing, cargo monitoring, stock administration, and supply. The startup companions with US-based e-commerce manufacturers to supply direct-to-consumer delivery in Mexico and/or Brazil. The corporate has partnered with over 200 manufacturers, together with File and Levi’s.
24. DeliverThat
5-year search development: 169%
Search development standing: Common
Yr based: 2012
Location: Canton, Ohio
Funding: Undisclosed
What they do: DeliverThat is a last-mile catering supply and setup firm that gives catering and route-based meals deliveries for gig employees. The startup has dealt with over $300 million in catering deliveries and has a community of 17,000 energetic drivers throughout all main cities in the USA.
25. Shippeo
5-year search development: 13%
Search development standing: Peaked
Yr based: 2014
Location: Paris, France
Funding: $107.9M (Collection C)
What they do: Shippeo is a know-how firm that delivers real-time provide chain visibility. Particularly, they provide multimodal transportation monitoring and predictive visibility capabilities. These options are supplied to enterprises that deal with their very own shipments, together with carriers. As of now, Shippeo is utilized by greater than 140,000 carriers.
26. Mylerz
5-year search development: 7,600%
Search development standing: Common
Yr based: 2019
Location: Cairo, Egypt
Funding: $9.6M (Seed)
What they do: Mylerz is a logistics and e-commerce achievement firm primarily dealing with last-mile parcel supply. The startup goals to make supply extra environmentally pleasant, solely utilizing eco-friendly compressed pure gas-powered automobiles in its fleet. The achievement startup can supply same-day and door-to-door supply with 40+ native achievement hubs throughout Egypt, Algeria, Morocco, and Tunisia.
27. UniUni
5-year search development: 3,233%
Search development standing: Exploding
Yr based: 2019
Location: Richmond, Canada
Funding: $105M (Collection C)
What they do: UniUni is a gig-economy last-mile supply and e-commerce achievement startup. The corporate makes use of a community of over 10,000 contract drivers throughout North America and plans to increase into 25 main US cities by the tip of 2025. UniUni secured an extra $50 million in Collection C funding to develop its logistics platform and community of sorting facilities.
28. Loop
5-year search development: 93%
Search development standing: Common
Yr based: 2017
Location: Columbus, Ohio
Funding: $125.5M (Collection B)
What they do: Loop is a returns administration platform for ecommerce manufacturers with greater than 4,000 prospects and a pair of+ million returns processed monthly. The platform features a returns portal, exchanges and refunds, service charge negotiation, and a complicated analytics dashboard. In June 2024, Loop introduced a partnership with Joyful Returns as their most well-liked returns portal accomplice for Shopify manufacturers.
29. Airmee
5-year search development: 338%
Search development standing: Exploding
Yr based: 2015
Location: Stockholm, Sweden
Funding: $41.2M (Collection B)
What they do: Airmee is a logistics firm specializing in city deliveries. Its platform helps with scheduling deliveries and cargo time monitoring. The Swedish startup claims to have greater than 100 companies utilizing its product.
30. ShipBob
5-year search development: 54%
Search development standing: Common
Yr based: 2014
Location: Chicago, Illinois
Funding: $330.5M (Collection E)
What they do: ShipBob is an ecommerce firm that gives a achievement platform for small and medium-sized companies. Its platform offers end-to-end order achievement, together with storage, delivery, and returns administration, permitting companies to concentrate on gross sales and development. ShipBob additionally gives real-time stock and delivery analytics, a number of achievement heart places, and integrations with main ecommerce platforms to assist companies streamline their achievement processes and enhance their prospects’ expertise.
31. Locus Robotics
5-year search development: 63%
Search development standing: Common
Yr based: 2014
Location: Wilmington, MA
Funding: $416M (Collection F)
What they do: Locus Robotics manufactures autonomous robots for warehouses. Their options are catered to the 3PL, retail, industrial, and healthcare verticals. Locus Robotics claims that their autonomous options can lead to a 2-3x development in achievement productiveness. Their clientele consists of names like DHL, Radial, and Geodis.
32. Zipline
5-year search development: 175%
Search development standing: Peaked
Yr based: 2011
Location: San Francisco, CA
Funding: $821M (Collection F)
What they do: Zipline is a producer of autonomous logistics drones. Their drones are designed to ship packages to any location with out accessibility points. In line with their web site, Zipline has helped ship greater than 850,000 merchandise.
33. Shadowfax
5-year search development: 261%
Search development standing: Common
Yr based: 2015
Location: Bangalore, India
Funding: $112.8M (Collection E)
What they do: A 3rd-party logistics firm, Shadowfax gives a tech-enabled platform catered to completely different companies. Along with their 3PL companies, additionally they supply assisted job administration, hyperlocal deliveries, and ahead and reverse logistics options. Over 7,000 supply personnel presently work for Shadowfax.
34. GoShare
5-year search development: 2,900%
Search development standing: Exploding
Yr based: 2013
Location: San Diego, California
Funding: $8M (Seed Spherical)
What they do: GoShare is an on-demand shifting and last-mile supply app that connects customers with background-checked supply professionals. Their nationwide community consists of over 20,000 field vans, cargo vans, pickup vans, and sedans. GoShare has 4.8 out of 5.0 stars with over 10,600 evaluations on the IOS app retailer.
35. Budbee
5-year search development: 514%
Search development standing: Exploding
Yr based: 2015
Location: Stockholm, Sweden
Funding: $154.4M (Collection Unknown)
What they do: Budbee offers last-mile logistics for eCommerce retailers. The startup locations a powerful concentrate on sustainability, with fossil fuel-free deliveries in choose areas which are designed to offset the corporate’s carbon footprint. Budbee works with well-known manufacturers like H&M, Zalando, and Asos. This rising logistics startup presently has supply protection in 4 international locations and delivers greater than 1 million parcels a month.
36. Loadsmart
5-year search development: 74%
Search development standing: Peaked
Yr based: 2014
Location: Chicago, Illinois
Funding: $346.4M (Collection D)
What they do: Loadsmart is a logistics startup that gives a digital freight administration platform. The platform is designed to assist shippers ebook, handle, and observe shipments. And empower carriers to optimize their fleets. Loadsmart just lately raised $90M in Collection C funding from names like TFI Worldwide Inc., Maersk, and Perry Capital.
37. LogiNext
5-year search development: 48%
Search development standing: Common
Yr based: 2014
Location: Jersey Metropolis, NJ
Funding: $49.6M (Collection B)
What they do: A logistics and subject service administration software program device, LogiNext delivers workforce optimization options to companies. Their choices embody warehouse administration, real-time information analytics, and asset monitoring. In addition they supply options that assist automate supply logistics. Their platform is presently getting used to trace over 200 million information factors throughout completely different trade verticals.
38. Kobo360
5-year search development: 3,161%
Search development standing: Peaked
Yr based: 2017
Location: Lagos, Nigeria
Funding: $85.3M (Collection B)
What they do: Providing options for end-to-end haulage, Kobo360 is a tech-empowered logistics platform primarily based in Africa. The platform gives an ecosystem for shippers, carriers, and recipients, designed to assist them perform their operations. Kobo360 has supported greater than 2,300 companies with its platform to this point.
39. LetsTransport
5-year search development: -42%
Search development standing: Peaked
Yr based: 2015
Location: Bangalore, India
Funding: $49.6M (Collection Unknown)
What they do: LetsTransport is a options supplier that gives companies for first-mile, mid-mile, and last-mile logistics. As well as, additionally they supply end-to-end supply administration and chilly chain logistics companies. LetsTransport has helped transfer 16,500+ tons of cargo. As of now, they’re out there in over 13 cities throughout India.
Conclusion
That’s all for our listing of 39 high-growth logistics startups.
With eCommerce spending on the rise, many logistics startups are beginning to focus completely on on-line retailers so as to assist them concentrate on product improvement, advertising, and customer support.
