FreightWaves

SoftwareSeries BChattanooga, USfreightwaves.com

Latest round

Series B

Last raised

May 2021

Total raised

$52M

Investors

14

About FreightWaves

a. Transrisk, Inc. operates an online information platform that provides news articles and data analytics for the freight industry. In May 2021, FreightWaves, Inc., and Revolution Ventures. Craig Fuller is the CEO of FreightWaves, Inc. The company employs 50 full-time analysts and journalists to deliver information through an online website, set of podcasts, and streaming TV products. FreightWaves provides a SaaS platform, SONAR SCI (Supply Chain Intelligence), which is a freight market analytics tool and dashboard. SONAR aggregates billions of data points from multiple sources to offer data in the logistics and transportation sector. In addition, the company platform is mode agnostic and has geo-based and time-series data from various modes of freight, such as warehouse, air, rail, truck, and ocean. The company provides its services to multiple industries, including ait cargo, broker/3PL, trucking carrier, financial, forwarder, maritime, rail/intermodal, and shipper. In addition, the company also offers information and informed context through its media platform to 1 million unique visitors per month, in excess of 30,000 viewers per day. FreightWaves generates revenue from software business as well as media business. The company’s software business annual recurring revenue (ARR) increased by 80% in the first quarter of 2021 as compared to the same quarter in 2020. The company's media business revenue increased by approximately 130% year-on-year. FreightWaves, Inc.

Who invested in FreightWaves

14 investors across 4 rounds

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Funding rounds

  1. Series B

    May 19, 2021

    Amount

    $16M

    Investors

    Locked

  2. Series B

    Feb 25, 2019

    Amount

    $20M

    Investors

    Locked

  3. Series A

    Jun 8, 2018

    Amount

    $13M

    Investors

    Locked

  4. Seed

    Aug 15, 2017

    Amount

    $3.4M

    Investors

    Locked

Questions about FreightWaves

Who invested in FreightWaves?

FreightWaves has 14 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has FreightWaves raised?

FreightWaves has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did FreightWaves last raise money?

FreightWaves's most recent round on record is a Series B, in May 2021.

What does FreightWaves do?

FreightWaves is a software company.

Where is FreightWaves headquartered?

FreightWaves is headquartered in Chattanooga, US.

Which VCs invest in companies like FreightWaves?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at FreightWaves's stage. Their profiles are linked below.

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