Forager - About the company
Forager is a deadpooled company based in Chicago (United States), founded in 2018 by Matt Silver. It operates as a Provider of cross-border freight brokerage services. Forager has raised $14.6M in funding from USVP and Chicago Ventures. The company has 1076 active competitors, including 58 funded and 73 that have exited. Its top competitors include companies like Flexport, sennder and Nuvocargo.
Company Details
Provider of cross-border freight brokerage services. The solution helps users to get freight quotes and book trucks for freight transportation. Users can also track the get updates related to their freight in real-time.
- Website
- foragerscs.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2018
Location
Chicago, United States
Stage
Deadpooled
Total Funding
$14.6M in 3 rounds
Latest Funding Round
Ranked
75th among 1076 active competitors
Employee Count
36 as on Jul 01, 2024
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Forager's funding and investors
Forager has raised a total funding of $14.6M over 3 rounds. Its first funding round was on Dec 26, 2018. Its latest funding round was a Series A round on Jul 07, 2020 for $*****. 6 investors participated in its latest round. Forager has 7 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Forager:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 07, 2020 | 7983301 | Series A | 3529121 | 2316318 | 8107036 | 4410759 |
Sep 12, 2019 | 5283939 | Seed | 2751913 | 5686499 | 3676125 | |
Dec 26, 2018 | 6613437 | Seed | 3608871 | 5157648 | 7052625 | 9154003 |
View details of Forager's funding rounds and investors
Forager's founders and board of directors
Founder? Claim ProfileThe founders of Forager is Matt Silver.
Here are the details of Forager's key team members:
- Matt Silver: Founder of Forager. Contact Info: 1 email address
View details of Forager's Founder profiles and Board Members
Forager's employee count trend
Forager has 36 employees as of Jul 24. Here is Forager's employee count trend over the years:
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Forager's Competitors and alternates
Top competitors of Forager include Flexport, sennder and Nuvocargo. Here is the list of Top 10 competitors of Forager, 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 | 81/100 | |
2nd | Tech enabled trucking services | $413M | 69/100 | ||
3rd | Nuvocargo 2018, New York City (United States), Series B | Tech-enabled freight forwarding service provider | $75.6M | 68/100 | |
4th | Zencargo 2017, London (United Kingdom), Series B | Provider of AI-enabled freight forwarding services | $66.4M | 64/100 | |
5th | Airspace 2016, Carlsbad (United States), Series D | Offers web-based cargo management solutions for the air logistics industry | $138M | 62/100 | |
6th | Provider of tech-enabled multi-modal freight forwarding services | $46M | 62/100 | ||
7th | Ocean freight forwarding aggregator | - | - | 59/100 | |
8th | Full Truck Alliance 2017, Guiyang (China), Public | Tech-enabled freight forwarding service provider | $1.69B | 59/100 | |
9th | Provider of tech-enabled freight forwarding services | $610M | 58/100 | ||
10th | DB Schenker 1872, Essen (Germany), Acquired | Provider of transport, logistics, supply chain, and freight management solutions | - | 58/100 | |
75th | Forager 2018, Chicago (United States), Deadpooled | Provider of cross-border freight brokerage services | $14.6M | 41/100 |
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Forager's Investments and acquisitions
Forager has made no investments or acquisitions yet.
Reports related to Forager
Here is the latest report on Forager's sector:
News related to Forager
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Arrive Logistics Acquires Cross-Border Business from ForagerPR Newswire•Feb 01, 2022•Arrive Logistics, Forager
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Forager Launches the Logistics Industry’s First U.S./Mexico/Canada Load BoardBusiness Wire•Feb 16, 2021•Forager
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Forager, project44 bringing new visibility to US-Mexico freightFreightWaves•Dec 09, 2020•Forager, Project44
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Forager to Expand Digital Marketplace Capabilities to More Shippers with Blue YonderBusiness Wire•Nov 18, 2020•Forager, Blue Yonder
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Forager raises $10 million Series A for cross-border techFreightWaves•Mar 26, 2020•Chicago Ventures, Soma Capital, USVP, Forager and 1 other
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