Shippeo Raises $30M in Funding
Summary
The company intends to use the funds to support its expansion across North America and APAC while driving enhancements to its real-time transportation visibility platform. Led by CEO Pierre Khoury, Shippeo is a real-time multimodal transportation visibility company allowing shippers and logistics service providers to build supply chains. Its network integrates with over 228,000 carriers and 1,100 TMS, telematics and ELD systems, offering instant access to real-time tracking for all transport modes via an intuitive platform. A machine learning algorithm ensures unmatched shipment ETA accuracy, allowing businesses to anticipate issues, proactively manage exceptions, collaborate efficiently, and reduce transport-related greenhouse gas emissions. Customers, including global brands such as Ahold Delhaize, AkzoNobel, Amazon, Barilla, Coca-Cola HBC, Heineken, Kuehne+Nagel, L’Oréal, LVMH, Renault Group, and Saint-Gobain, use it to track more than 90 million shipments annually across 150 countries.