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§ Private Profile · Nashville, TN, USA
AI-powered operating system for freight logistics management, optimizing procurement and carrier performance for enterprises.
GoodShip is an AI-powered operating system that helps companies buy and manage freight logistics, headquartered in Bellevue, Washington, United States. The B2B SaaS platform unifies internal shipping data, tracks shipping networks, and recommends corrective actions, such as identifying overpayment situations or service deterioration, with customers reporting 3–5% reduction in transportation spend and 20% decrease in late shipments. As of August 2025, GoodShip has raised $40.4 million across four funding rounds, including a $25 million Series B led by Greenfield Partners. The company has nearly 40 employees and saw its annual recurring revenue grow tenfold in 2024. Named customers include Kellanov, Reser's Fine Foods, Mike's Hard Lemonade, and Tropicana, with key investors including Bessemer Venture Partners, Ironspring Ventures, Chicago Ventures, and FUSE VC. GoodShip was founded in 2022 by Ryan Soskin and David Tsai.
GoodShip has raised $42.4M across 5 funding rounds.
GoodShip has raised $42.4M in total across 5 funding rounds.
GoodShip is a technology company building an AI-powered platform for freight orchestration and procurement, unifying transportation management systems to bridge procurement and operations, empower carriers with data, and eliminate blindspots in network monitoring.[1][2][3] It serves enterprise shippers like KeHE, KBX Logistics, Simmons Foods, Reser's Fine Foods, Central Garden & Pet, and Kellanova, solving fragmented supply chains by providing real-time visibility, analytics, bid optimization, carrier management, and collaboration tools—resulting in 3–5% reductions in transportation spend and 20% fewer late shipments.[2][3][5] Named a 2025 Top Tech Startup, GoodShip recently raised $25 million in Series B funding led by Greenfield Partners, with participation from Bessemer Venture Partners, Ironspring Ventures, Chicago Ventures, and FUSE VC, fueling 10x year-over-year ARR growth.[1][2][4]
GoodShip was co-founded by Ryan Soskin (CEO) and David Tsai (CTO), both freight tech veterans from Convoy.[1] Soskin brings 15+ years of experience, starting at Coyote Logistics (scaled to $1.8B UPS acquisition), leading supply and pricing at Convoy, and heading freight at Stord from Series A to D.[1] Tsai has 20+ years in tech, including building Amazon's ordering system, co-founding gaming studio Zhurosoft (10M+ players, 1B sessions), and leading Convoy's marketplace engineering for automated freight matching.[1] The idea emerged from their shared Convoy tenure, addressing enterprise shippers' underserved tech needs in a fragmented freight industry; early traction includes partnerships like KeHE's modernization with DAT and rapid customer impact driving Series B funding.[1][2][3]
GoodShip stands out in freight tech through these key strengths:
GoodShip rides the AI transformation in freight and supply chain, where enterprises seek orchestration amid rising costs, disruptions, and data silos—positioned as the pioneer in AI-powered procurement and optimization.[2][4] Timing aligns with post-pandemic logistics digitization, underserved shipper tech stacks, and AI advancements for automation; market forces like volatile rates and carrier relationships favor its neutral model over broker-centric rivals.[2][3] It influences the ecosystem by modernizing procurement (e.g., KeHE/DAT partnership), enabling data-driven decisions, and compressing workflows toward full automation—potentially setting standards for neutral platforms in a $9T global logistics market.[1][2][5]
GoodShip's $25M Series B positions it to aggressively invest in AI for decision support, workflow compression, and automated execution, targeting leadership in freight procurement.[2][4] Trends like AI agents, real-time analytics, and supply chain resilience will shape its path, with roadmap focusing on deeper integrations and carrier empowerment amid e-commerce/logistics growth. Its influence may evolve from startup disruptor to industry standard, unlocking millions in savings as adoption scales—transforming how enterprises orchestrate freight, much like its founders scaled prior ventures.[1][2]
GoodShip has raised $42.4M across 5 funding rounds. Most recently, it raised $25.0M Series B in August 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2025 | $25M Series B | Itay Inbar | Bessemer Venture Partners, Ironspring Ventures, Proeza Ventures, Starting Line, Jett Mccandless, Chicago Ventures, Ysplit | Announced |
| May 1, 2024 | $8M Series A | Bessemer Venture Partners | Ironspring Ventures, Jett Mccandless, Andrew Silver, Nichole Wischoff, 53 Stations, Cercano Management, Chicago Ventures, Ysplit | Announced |
| Apr 1, 2023 | $5M Seed | Ironspring Ventures, Peter Christman | Proeza Ventures, Starting Line, Ysplit, Craig Fuller, DAN Lewis, Jett Mccandless, Sean Henry, Cercano Management | Announced |
| Oct 31, 2022 | $2.4M Venture Round | Cameron Borumand | Cercano Management, Flexport Fund, Innovation Endeavors, Kindergarten Ventures, Sope Creek Capital | Announced |
| Oct 1, 2022 | $2M Seed | — | Equal Ventures, Jenny Fielding, Scott Hartley, Sozo Ventures, Union Square Ventures, Will Szczerbiak | Announced |
GoodShip has raised $42.4M in total across 5 funding rounds.
GoodShip's investors include Itay Inbar, Bessemer Venture Partners, Ironspring Ventures, Proeza Ventures, Starting Line, Jett McCandless, Chicago Ventures, FUSE, Andrew Silver, Nichole Wischoff, 53 Stations, Cercano Management.