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Supply Chain Startup Fourkites, Which Recently Laid Off Workers, Raises $30M

PRIVATEAug 26, 2022

Amount Raised

$30 Million

Round Type

Funding Round

ChicagoOtherInformation TechnologySoftwareData And AnalyticsScience And EngineeringArtificial Intelligence

Description

Weeks after laying off workers, supply chain startup FourKites has raised $30 million as part of an ongoing financing round, according to documents filed with the U.S. Securities and Exchange Commission. The filing indicates that FourKites hopes to close the round with $80 million in capital, a substantially smaller amount than the company’s previous round, which landed at around $100 million.

Quick answer

FourKites, Inc. raised $30 Million in a Funding Round round, dated August 26, 2022. FourKites, Inc. is based in Chicago, Illinois, United States.

How much did FourKites, Inc. raise?
FourKites, Inc. raised $30 Million in a Funding Round round on August 26, 2022.
What does FourKites, Inc. do?
FourKites is the world's leading supply chain intelligence platform, delivering real-time visibility and execution for 1200+ companies and third-party logistics firms across 200 countries.
Where is FourKites, Inc. based and how big is it?
FourKites, Inc. is based in Chicago, Illinois, United States.
Who are the decision-makers at FourKites, Inc?
Fundz holds 1 contact at FourKites, Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Science And Engineering around the same time

Companies in the same sectors as FourKites, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • PassiveLogic raised $15M (Funding Round) on September 20, 2022.
  • GBB raised $15M (Series B) on September 14, 2022.
  • Spice AI, Inc. raised $14M (Seed) on September 7, 2022.
  • Inworld AI raised $50M (Series A) on August 23, 2022.
  • BrainBox AI raised an undisclosed amount (Series A) on July 26, 2022.
  • Spice AI, Inc. raised $15M on July 15, 2022.

Who to call at FourKites, Inc., and when

A new round usually means FourKites, Inc. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day FourKites, Inc. raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at FourKites, Inc., from your own LinkedIn network

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Company Information

Company

FourKites, Inc.

Location

300 S Riverside Plaza

Chicago, Illinois, United States

About

FourKites is the world's leading supply chain intelligence platform, delivering real-time visibility and execution for 1200+ companies and third-party logistics firms across 200 countries. Using a patented artificial intelligence to calculate shipment arrival times, FourKites enables customers to lower operating costs, improve on-time performance, and strengthen end-customer relationships. Tracking over 3 million shipments each day, FourKites covers all modes, nodes and signals to extend visibility beyond transportation into yards, warehouses, stores and more. The platform provides a single view of your entire supply chain and is optimized for mobile, equipped with market-leading end-to-end security. To learn more, visit www.fourkites.com.

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Fundz sees it the moment FourKites, Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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FourKites, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.