Fleet - About the company
Fleet is an acquired company based in Portland (United States), founded in 2015 by Ron Berger. It operates as a Tech-enabled freight forwarder. Fleet has raised $14M in funding from Lufthansa Cargo. The company has 1254 active competitors, including 58 funded and 79 that have exited. Its top competitors include companies like Flexport, Forto and Zencargo.
Company Details
Fleet (formerly Shipstr) is a tech-enabled freight forwarder. Offers a digital freight forwarding platform which enables shippers (importers/exporters) to book & manage shipments online with features such as real-time tracking, online payments, etc. Users can receive quotes for multi-modal freight shipments and book freight transportation/logistics services from multiple partners. Offers services for ocean & air freight, trucking, warehousing, customs clearance, and freight insurance. Partner carriers include UPS, Lufthansa Cargo, American Airlines Cargo, Maersk, CMA CGM, APL among others.
- Website
- tryfleet.com
- Registered Address
- Portland, Oregon
Key Metrics
Founded Year
2015
Location
Portland, United States
Stage
Acquired
Total Funding
$14M in 2 rounds
Latest Funding Round
Investors
Ranked
39th among 1254 active competitors
Employee Count
96 as on Aug 31, 2026
Exit Details
Acquired by Expeditors International of Washington (May 26, 2020)
Legal entities associated with Fleet
Fleet is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
FLEET LOGISTICS INC. CIN: 471538192 , United States, Active | Dec 26, 999 | - | 40 (As on Dec 31, 2019) | - |
Fleet's acquisition details
Fleet got acquired by Expeditors International of Washington on May 26, 2020.
Click here to take a look at Fleet's acquisition in detail
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Fleet's funding and investors
Fleet has raised a total funding of $14M over 2 rounds. Its first funding round was on Apr 12, 2016. Its latest funding round was a Series A round on Nov 20, 2017 for $*****. 10 investors participated in its latest round. Fleet has 15 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Fleet:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 20, 2017 | 8485269 | Series A | 9783911 | 6530314 | 5040448 | 4886423 |
Apr 12, 2016 | 5584775 | Seed | 6542247 | 1908145 | 1229087 |
View details of Fleet's funding rounds and investors
Fleet's founders and board of directors
Founder? Claim ProfileThe founders of Fleet is Ron Berger.
Here are the details of Fleet's key team members:
- Ron Berger: Co-Founder & COO of Fleet.
View details of Fleet's Founder profiles and Board Members
Fleet's employee count trend
Fleet has 96 employees as of Aug 26. Here is Fleet's employee count trend over the years:
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Fleet's Competitors and alternates
Top competitors of Fleet include Flexport, Forto and Zencargo. Here is the list of Top 10 competitors of Fleet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Flexport 2013, San Francisco (United States), Series E | Provider of end-to-end supply chain logistics platform | $2.5B | 74/100 | |
2nd | Provider of tech-enabled freight forwarding services | $610M | 69/100 | ||
3rd | Zencargo 2017, London (United Kingdom), Series B | Provider of digital freight forwarding and supply chain management services | $66.4M | 63/100 | |
4th | Nuvocargo 2018, New York City (United States), Series B | Tech-enabled freight forwarding service provider | $75.6M | 63/100 | |
5th | Provider of tech-enabled multi-modal freight forwarding services | $46M | 62/100 | ||
6th | Full Truck Alliance 2017, Guiyang (China), Public | Tech-enabled freight forwarding service provider | $1.69B | 60/100 | |
7th | Tech enabled trucking services | $413M | 59/100 | ||
8th | C.H. Robinson Worldwide 1905, Eden Prairie (United States), Public | Provider of third-party logistics and supply chain management services | - | - | 59/100 |
9th | Provider of freight forwarding customs brokerage trucking and warehousing services | $2.55M | 59/100 | ||
10th | Airspace 2016, Carlsbad (United States), Series D | Offers web-based cargo management solutions for the air logistics industry | $138M | 58/100 | |
39th | Fleet 2015, Portland (United States), Acquired | Tech-enabled freight forwarder | $14M | 46/100 |
Looking for more details on Fleet's competitors? Click here to see the top ones
Fleet's Investments and acquisitions
Fleet has made no investments or acquisitions yet.
Reports related to Fleet
Here is the latest report on Fleet's sector:
News related to Fleet
•
Expeditors acquires Fleet Logistics’ Digital PlatformSeeking Alpha•May 26, 2020•Expeditors International of Washington, Fleet, Fleet Logistics
•
•
Lufthansa Cargo invests in Berlin startup cargo.oneAviTrader•Dec 05, 2018•Cargo, Lufthansa Cargo, Fleet, United Parcel Service and 3 others
•
Fleet Says Has Completed A $10 Million Series A Round Of FinancingReuters•Jan 24, 2018•Fleet, Lufthansa Cargo, United Parcel Service, UP2398 and 3 others
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Logistics marketplace Fleet receives $4 million in seed fundingTechCrunch+•Apr 12, 2016•Fleet, 1517 Fund, Latam Partners, GrowthX and 4 others
•
Fleet, Formerly Called Shipstr, Launches “Yelp For International Cargo Shipping”TechCrunch+•Jul 09, 2015•Fleet
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