Gofreight Raises $28M To Become The “Shopify Of Freight Forwarding”
11/14/22, 4:10 AM
Location
los angelesMoney raised
$28 million
Industry
fintech
e commerce
Investors
Red Building Capital, Cornerstone Ventures, Mucker Capital, Palm Drive Capital, Lfx Venture Partners, Flex Capital And Headline
Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage their shipments. But there are still thousands of smaller freight forwarders, many running on outdated ERP software or spreadsheets. A startup called GoFreight wants to help them compete by providing the “Shopify of freight forwarding,” with backend software that makes their operations run more smoothly, and a frontend that lets them set up a storefront and provide quotes in a few minutes.
Company Info
Location
los angeles, california, united states
Additional Info
GoFreight is the #1 cloud-based, all-in-one, software for the global freight forwarding industry. It simplifies the complexities of running all aspects of a freight forwarding business into a single platform, including shipment booking, forwarding operations, security filings, real-time visibility, customer-facing applications, accounting, and payment processing. GoFreight has helped numerous freight forwarders increase their revenue by 98%, profit by 178%, and saved 34% fines per shipment on average.