# Cracking Logistics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cracking-logistics

- Industry: Software
- Headquarters: UK
- Website: www.kontainers.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Jun 25, 2015)
- Investors on record: 3

## About

Cracking Logistics Limited specializes in providing digital solutions that enhance logistics management for carriers and freight forwarders, streamlining quoting, booking, and shipment tracking processes through advanced cloud-based technology.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. The founder’s history is not publicly detailed.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). The technology is utilized by logistics providers aiming to meet customer expectations for online visibility, continuous communication, and self-service access, with a focus on markets in North America, Europe, and parts of Asia.In the most recent year of 2024, Cracking Logistics Limited reported a revenue of USD 1,934,997 and an EBITDA of USD 84,660.9. The revenue model is based on subscription services, where clients pay for access to the digital platform and associated features, yielding lower operational costs and enhanced service profitability for logistics providers.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. The recent acquisition funding will be utilized to support these growth strategies and product enhancements.

## Funding rounds

- Seed, Jun 25, 2015, $1.3M — Partech Partners, Northstar Ventures, EC1 Capital

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed
- Northstar Ventures (https://capitalatlas.ai/funds/northstar-ventures) — Seed
- EC1 Capital (https://capitalatlas.ai/funds/ec1-capital) — Seed