Starboard Systems
Latest round
- Seed
Last raised
- Dec 2024
Total raised
- $5.5M
Investors
- 3
About Starboard Systems
Founded in 2024 and based in Ontario, Canada, Starboard Systems Inc. develops logistics solutions for freight forwarders. Sumeet Trehan (CEO) and Junyu Yang (CTO) are the co-founders of the company. In December 2024, Starboard Systems Inc. The company’s core offerings include the Starboard OS and the Quote Tool, both aimed at streamlining operations and enhancing productivity within the freight industry. Starboard OS automates critical functions such as shipment tracking, invoice reconciliation, and payment follow-ups, integrating real-time data from over 75 shipping lines and 300 airlines. This product is geared towards small to medium-sized businesses (SMBs) in the freight forwarding sector, aiming to eliminate tedious tasks and enable teams to focus on business growth. The Quote Tool utilizes AI technology to generate accurate and competitive quotes in seconds by analyzing various parameters, which helps users respond to requests for quotations (RFQs). Starboard Systems Inc. generates revenue through a subscription-based model for its software products, specifically the Starboard OS and the Quote Tool. The company’s clients, primarily SMB freight forwarders, engage with the company through direct subscriptions, allowing access to the platform's functionalities for a recurring fee.
Who invested in Starboard Systems
3 investors across 1 round
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Funding rounds
Seed
Dec 17, 2024
Amount
$5.5M
Investors
Questions about Starboard Systems
Who invested in Starboard Systems?
Starboard Systems 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 Starboard Systems raised?
Starboard Systems has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Starboard Systems last raise money?
Starboard Systems's most recent round on record is a Seed, in Dec 2024.
What does Starboard Systems do?
Founded in 2024 and based in Ontario, Canada, Starboard Systems Inc.
Where is Starboard Systems headquartered?
Starboard Systems is headquartered in Toronto, Canada.
Which VCs invest in companies like Starboard Systems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Starboard Systems's stage. Their profiles are linked below.
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