Cracking Logistics
Latest round
- Seed
Last raised
- Jun 2015
Total raised
- $1.3M
Investors
- 3
About Cracking Logistics
Cracking Logistics Limited focuses on digital logistics solutions for carriers and freight forwarders. Founded in 2014 in the UK, the company was acquired by Descartes Systems Group Inc. in June 2020 for USD 12 mn. The firm has executed 2 deals since its inception, with the most recent deal occurring on June 11, 2020.Descartes Kontainers offers a suite of digital solutions designed to enhance the quoting, rating, and booking processes for logistics service providers, specifically carriers and freight forwarders. Their core product is a cloud-based platform that allows clients to manage shipments on-demand, offering features such as instant quoting and booking capabilities. This digital platform promotes efficiency through automation and integrates seamlessly with existing freight forwarder transportation management systems (TMS).9.Following its acquisition, Cracking Logistics Limited is set to leverage the support of Descartes Systems Group Inc. to expand its product offerings and market reach. There are plans to launch new features designed to enhance user experience and streamline operations further. The company targets expansion into Asia and Europe, with initiatives aimed at enhancing its digital logistics capabilities slated to roll out over the next two years.
Who invested in Cracking Logistics
3 investors across 1 round
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Funding rounds
Seed
Jun 25, 2015
Amount
$1.3M
Investors
Questions about Cracking Logistics
Who invested in Cracking Logistics?
Cracking Logistics has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cracking Logistics raised?
Cracking Logistics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cracking Logistics last raise money?
Cracking Logistics's most recent round on record is a Seed, in Jun 2015.
What does Cracking Logistics do?
Cracking Logistics Limited focuses on digital logistics solutions for carriers and freight forwarders.
Where is Cracking Logistics headquartered?
Cracking Logistics is headquartered in UK.
Which VCs invest in companies like Cracking Logistics?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Cracking Logistics's stage. Their profiles are linked below.
VCs backing software startups at Seed
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