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§ Private Profile · Avenida Diagonal, 211, 10th Floor (Torre Glòries), Barcelona, Catalonia 08018, ES
Neutral global freight marketplace platform streamlining air, ocean, and land freight pricing, booking, management for the global freight industry.
Freightos has raised $117.0M across 5 funding rounds.
Key people at Freightos.
Freightos has raised $117.0M in total across 5 funding rounds.
Freightos is a Jerusalem-based logistics technology company that operates a vendor-neutral digital marketplace for international air, ocean, and land freight pricing, booking, and management. The publicly traded platform connects tens of thousands of importers and exporters with thousands of freight forwarders, airlines, and ocean liners to streamline global supply chains. Operating within the $1.6 trillion global freight market, the company generates revenue through transaction fees and software subscriptions across its Freightos Enterprise, Freightos Marketplace, and WebCargo divisions. The organization facilitates instant rate comparisons and secure digital payments for a diverse network of logistics providers and enterprise customers, including integrations with major aviation carriers such as Air Serbia, Qatar Airways, and American Airlines. Freightos was founded in 2012 by Zvi Schreiber and is currently listed on the Nasdaq stock exchange under the ticker symbol CRGO.
Freightos has raised $117.0M across 5 funding rounds. Most recently, it raised $70.0M Series C in September 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2018 | $70M Series C | Michael SYN | Aleph VC, Battery Ventures, Benchmark, Dell Technologies Capital, Extantia Capital, MoreVC, Yaron Valler, GE Ventures, ICV | Announced |
| Mar 1, 2017 | $25M Series B | Jonathan Pulitzer | Aleph VC, Battery Ventures, Benchmark, Dell Technologies Capital, Extantia Capital, MoreVC, OurCrowd, Yaron Valler | Announced |
| Sep 1, 2015 | $14M Series B | — | Aleph VC, Battery Ventures, Benchmark, Dell Technologies Capital, Extantia Capital, MoreVC, OurCrowd, Yaron Valler, Annox Capital, ICV, MSR Capital, Sadara Ventures | Announced |
| Oct 1, 2014 | $3M Series B | — | OurCrowd, Aleph, Robert Mylod JR., ICV | Announced |
| Mar 1, 2014 | $5M Series B | Aleph VC, Glen Schwaber | Battery Ventures, Benchmark, Dell Technologies Capital, Extantia Capital, MoreVC, OurCrowd, Yaron Valler | Announced |
Freightos has raised $117.0M in total across 5 funding rounds.
Freightos's investors include Michael Syn, Aleph VC, Battery Ventures, Benchmark, Dell Technologies Capital, Extantia Capital, MoreVC, Yaron Valler, GE Ventures, ICV, Jonathan Pulitzer, OurCrowd.
Key people at Freightos.
Freightos is a digital logistics platform that operates the world's first online marketplace for international freight, enabling instant quoting, booking, payments, and management of air, ocean, and land shipments.[1][2][6] It serves importers, exporters, freight forwarders, carriers, and enterprises by connecting them in a vendor-neutral SaaS-enabled marketplace, solving the industry's offline inefficiencies like opaque pricing, manual processes, and delays in the $1.6 trillion global freight sector.[1][2][7] The platform powers 1.4 million transactions annually, leveraging the world's largest database of freight rates and routes for AI-driven automation, real-time visibility, and cost optimization.[1][2][6]
Freightos targets B2B users with tools like Freightos.com for instant bookings, WebCargo for forwarder rate management, Freightos Enterprise for procurement and benchmarking (including Terminal, Procure, and Rate/Book/Manage modules), and acquisitions like Shipsta (2024) for freight procurement.[2][4] Growth momentum includes quarterly results from Q2 2025 highlighting data-driven insights, partnerships with giants like Alibaba and CMA CGM, and a workforce of 350+ professionals expanding its global network.[2][6][8]
Founded in 2012 in Jerusalem by CEO Zvi Schreiber and a team focused on digitizing freight, Freightos emerged to address the analog nature of global shipping, where products arrive late and cost more due to offline processes.[1][7][8] Schreiber, emphasizing data-centric transformation, positioned it as the pioneer in online quoting and booking for forwarders and importers, starting with freightos.com launched in 2016 as one of the world's first marketplaces for instant comparison and management.[1][2]
Pivotal moments include acquiring WebCargo in 2016 for carrier quoting software, partnering with top ocean liners like CMA CGM, and buying Shipsta in 2024 to bolster procurement.[2] From a Jerusalem startup, it evolved into a global player with operations in Barcelona (noted as base), Hong Kong headquarters for engineering and leadership, and a workforce scaling to 350+ amid rising e-commerce and supply chain demands.[2][8]
Freightos rides the digitization wave in the $1.6 trillion freight industry, where cloud computing, big data analytics, and AI are automating opaque, manual logistics amid e-commerce booms and supply chain disruptions.[1][5][7] Timing aligns with post-pandemic globalization needs for transparency and efficiency, as offline freight causes delays and inflated costs for everyday goods.[7]
Market forces like rising trade volumes, geopolitical risks, and port congestion favor its real-time intelligence and multimodal options, influencing the ecosystem by setting standards for vendor-neutral platforms—partnering with Alibaba and carriers while enabling forwarders to digitize sales.[2][4][6] It transforms intermediaries into data-powered networks, accelerating global trade frictionlessly.[1][7]
Freightos is poised to dominate as the go-to digital freight platform, expanding its AI-enhanced Enterprise suite and acquisitions to capture more of the offline-to-online shift in logistics.[4][6] Trends like automated procurement, real-time benchmarking against disruptions, and ERP integrations will drive growth, potentially scaling transactions beyond 1.4M annually amid sustained e-commerce and nearshoring demands.[2][6]
Its influence may evolve toward full supply chain orchestration, influencing carriers and shippers to adopt data standards, ultimately making global trade faster and cheaper—reinventing the industry from its 2012 roots as the neutral backbone of frictionless shipping.[1][7]
