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Gofreight Raises $28M To Become The “Shopify Of Freight Forwarding”

PRIVATENov 14, 2022•over 3 years ago

Amount Raised

$28 Million

Los AngelesE CommerceFintech

Investors

Red Building CapitalCornerstone VenturesMucker CapitalPalm Drive CapitalLfx Venture PartnersFlex Capital And Headline

Description

Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage their shipments. But there are still thousands of smaller freight forwarders, many running on outdated ERP software or spreadsheets. A startup called GoFreight wants to help them compete by providing the “Shopify of freight forwarding,” with backend software that makes their operations run more smoothly, and a frontend that lets them set up a storefront and provide quotes in a few minutes.

Company Information

Company

GoFreight

Location

Los Angeles, California, United States

About

GoFreight is the #1 cloud-based, all-in-one, software for the global freight forwarding industry. It simplifies the complexities of running all aspects of a freight forwarding business into a single platform, including shipment booking, forwarding operations, security filings, real-time visibility, customer-facing applications, accounting, and payment processing. GoFreight has helped numerous freight forwarders increase their revenue by 98%, profit by 178%, and saved 34% fines per shipment on average.

Predictive Intelligence
Strategic

ML-powered predictions for GoFreight's next move

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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