Shipwell
Latest round
- Series B
Last raised
- Oct 2019
Total raised
- $45M
Investors
- 9
About Shipwell
Shipwell, Inc. is a technology firm that provides logistics solutions, headquartered in Austin, US. Founded in 2016 by Gregory Price and Jason Traff, the company has conducted three investment deals.Shipwell offers an advanced Transportation Management System (TMS) that integrates artificial intelligence to optimize logistics operations. The TMS features multimodal visibility, automated freight audits, real-time tracking, and AI-driven assistance for order management, which enhances supply chain efficiency. The platform specifically addresses challenges like high freight costs and inefficient routing.Shipwell generates revenue through a subscription-based model for its TMS platform, offering various pricing plans to accommodate businesses of all sizes. Clients subscribe to the service to access features like the AI-enabled Track & Trace Worker and automated freight management tools, establishing B2B partnerships that allow them to manage logistics operations effectively. The company aims to enhance its product offerings and is focused on entering new markets, although specific release dates for upcoming products have not been disclosed.
Who invested in Shipwell
9 investors across 2 rounds
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Questions about Shipwell
Who invested in Shipwell?
Shipwell has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Shipwell raised?
Shipwell has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Shipwell last raise money?
Shipwell's most recent round on record is a Series B, in Oct 2019.
What does Shipwell do?
Shipwell is a software company.
Where is Shipwell headquartered?
Shipwell is headquartered in Austin, US.
Which VCs invest in companies like Shipwell?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Shipwell's stage. Their profiles are linked below.
VCs backing software startups at Series B
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