We are excited to announce that Shippeo, the global leader in real-time multimodal transportation visibility, has successfully raised $30 million in its latest funding round. This investment marks a significant milestone for the company, which is pivotal in helping major shippers and logistics service providers operate more resilient, sustainable, and customer-centric supply chains. With an enhanced focus on accurately tracking shipments across diverse transport modes through its proprietary Multimodal Visibility Network, Shippeo will now leverage this funding to further refine its innovative technology. The funding will primarily be used to enhance its cutting-edge machine learning algorithms, which offer unmatched ETA accuracy and real-time operational visibility that enables companies to anticipate problems and efficiently manage exceptions. Additionally, this capital infusion will support the integration of more than 1,000 Transportation Management Systems (TMS), telematics, and Electronic Logging Devices (ELD) into their platform, further streamlining transportation processes and reducing latency. With hundreds of global brands, including Ahold Delhaize, Amazon, and Coca-Cola HBC, trusting its system to optimize supply chains, Shippeo is poised to expand its capabilities and impact. This strategic investment will not only enhance operational efficiencies for its existing clients handling over 32 million shipments per year but also allow Shippeo to attract new partners seeking to transform their supply chain operations. For more information on Shippeo and its innovative solutions, visit www.shippeo.com.
Shippeo Secures $30 Million in Funding for Innovative Multimodal Transportation Visibility Platform
Recently funded · $30.0MTransportation
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