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GoodShip secures $8M in a Series A funding led by Bessemer Venture Partners to scale freight orchestration and procurement platform.

May 16, 2024over 1 year ago

Amount Raised

$8 Million

Round Type

series a

NashvilleAnalyticsSupply Chain ManagementLogistics

Investors

Nichole WischoffAndrew Silver53 StationsCercano ManagementFuse VcChicago VenturesIronspring VenturesBessemer Venture Partners

Description

GoodShip announced an $8M Series A funding round led by Bessemer Venture Partners. The investment will be used to expand the team, accelerate feature development, and support a growing roster of customers.

Company Information

Company

GoodShip

Location

Nashville, Arkansas, United States

About

GoodShip is the only neutral platform for shippers and carriers to digitally procure, measure, and optimize contract business. Backed by many of the biggest names in technology and freight, GoodShip puts procurement on cruise control and allows stakeholders to stay in-the-know and take action fast with AI-powered insights, automated reports, carrier scorecards, and more. The platform serves as an extension of existing systems, seamlessly plugging into any shipper TMS for multiplayer collaboration with contract brokers + carriers.

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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