When was Freightify founded?

Freightify was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Freightify located?

Freightify is headquartered in Singapore, Singapore. It is registered at NEW NO 2, OLD NO 29, LADY MADHAVAN ROAD, MAHALINGAPURAM, Nungambakkam, Chennai, Chennai, Tamil Nadu, India, 600034.

Who is the current CEO of Freightify?

Raghavendran Viswanathan of Freightify. They have also founded 1 company.

How many employees does Freightify have?

As of Mar 31, 2026, the latest employee count at Freightify is 234.

Is Freightify a funded company?

Freightify is a funded company, having raised a total of $19.5M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 31, 2017.

How much is Freightify worth?

The latest valuation of Freightify is ₹***** as of Jul 14, 2023.

When was the latest funding round of Freightify?

Freightify's latest funding was a $***** Series A round on Jul 14, 2023, with participation from 4 investors.

What is the annual revenue of Freightify?

Annual revenue of Freightify is ₹40Cr as on Mar 31, 2025.

Where does Freightify rank among its competitors?

Freightify ranks 2nd amongst 62 active competitors, of which 5 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Ship Angel, which secured $5.5M in May, 2024.

Who are the top competitors of Freightify?

Freightify's top competitors include Wisor, Wiremind and CargoMetrics. Among them, Ship Angel secured the most recent funding round in May, 2024.

Freightify - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Web-based freight rate and quotation management solutions. It offers a suite of solutions to manage freight quotations, rate procurement, and analytics. It provides an API for automating freight rates, scheduling tasks, and tracking products. It also provides a customer engagement platform for adding margins and quotes for customers.

Website: freightify.com
Social
Email ID: *****@freightify.com
Registered Address: NEW NO 2, OLD NO 29, LADY MADHAVAN ROAD, MAHALINGAPURAM, Nungambakkam, Chennai, Chennai, Tamil Nadu, India, 600034

Key Metrics

Founded Year

2016

Location

Singapore, Singapore

Stage

Series A

Total Funding

$19.5M in 10 rounds

Latest Funding Round

Series A, Jul 14, 2023, $*****

Post Money Valuation

₹***** as on Jul 14, 2023

Investors

Alchemist Accelerator & 91 more

Ranked

2^nd among 62 active competitors

Annual Revenue

₹40Cr as on Mar 31, 2025

Employee Count

234 as on Mar 31, 2026

Similar Companies

Wisor & 85 more

View Freightify's full profile

Freightify is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KAPPAL LOGISTICS PRIVATE LIMITED CIN: U74999TN2016PTC112794 , India, Active	Oct 03, 2016	$4.73M (As on Mar 31, 2025)	22 (As on Dec 01, 2024)
FREIGHTIFY SOLUTIONS INDIA PRIVATE LIMITED CIN: U72900TN2022PTC153470 , India, Active	Jun 29, 2022	$4.02M (As on Mar 31, 2025)	106 (As on Aug 01, 2025)

Freightify has raised a total funding of $19.5M over 10 rounds. Its first funding round was on Dec 31, 2017. Its latest funding round was a Series A round on Jul 14, 2023 for $*****. 4 investors participated in its latest round. Freightify has 40 institutional investors and 52 angel investors.

Here is the list of recent funding rounds of Freightify:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 14, 2023	5478330	Series A	2387828	3720442	7694852	5383609
Feb 02, 2023	5276586	Series A	4628586	5065978	6254664	TMV & 3 more
Feb 02, 2023	3819101	Conventional Debt	9607676	6015657	8914707	1194990

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View details of Freightify's funding rounds and investors

The founders of Freightify are Raghavendran Viswanathan and Abdul Salam Mohammed Zakkiria. Raghavendran Viswanathan is the CEO of Freightify.

Here are the details of Freightify's key team members:

Raghavendran Viswanathan: Co-Founder & CEO of Freightify and founder of 1 other company.
Contact Info: 1 phone number
Abdul Salam Mohammed Zakkiria: Former Co-Founder of Freightify. They serve on the board of 1 company.

Freightify's Board of Directors

Freightify's board has 5 active members. Suresh Kumar, Niklas Holck, Vinod Kumar Talreja and Raghavendran Viswanathan are part of team and Ib Vagn Drachmann Hansen is independent board member.

Here is the list of Freightify's board of directors:

Name	Type	Representing	Status	Duration
Raghavendran Viswanathan	Team	-	Current	9y 5m
vmijivd	Team	-	Past	3y 1m
johtjiu	Team	-	Past	1y 3m
ftnu{tz	Team	-	Past	1y 7m
xlmpo{p	Team	-	Past	5y 3m
fyprrfn	Team	-	Past	2y 6m
snmuxll	Team	-	Past	8y 5m
Niklas Holck	Investor	Tradeworks.vc	Current	5y 0m
dcrehfo	Investor	-	Past	2y 9m
rwlwedw	Investor	-	Past	5y 6m
Ib Vagn Drachmann Hansen	Independent board member	-	Current	5y 0m
wa{mlot	Independent board member	-	Past	6y 5m
lhikayb	Independent board member	-	Past	7y 6m
jgbhuok	Independent board member	-	Past	4y 8m

View details of Freightify's Founder profiles and Board Members

Freightify's employee count trend

Freightify has 234 employees as of Mar 26. Here is Freightify's employee count trend over the years:

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Top competitors of Freightify include Wisor, Wiremind and CargoMetrics. Here is the list of Top 10 competitors of Freightify, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wisor 2020, Tel Aviv (Israel), Seed	Offers AI & web-enabled freight rate management solutions	$8M	Team8, SeedIL Ventures & 6 others	53/100
2nd	Freightify 2016, Singapore (Singapore), Series A	Web-based freight rate and quotation management solutions	$19.5M	Blume Venture, 3F Ventures & 90 others	51/100
3rd	Wiremind 2014, Paris (France), Unfunded	Provider of software for optimizing capacity in transport, cargo, and entertainment	-	-	45/100
4th	CargoMetrics 2010, Boston (United States), Series A	Offers technology and method development for measuring maritime trade and in other fields	$24.4M	Summerhill Venture Partners, Ascent Venture Partners ... Read more	41/100
5th	Ship Angel 2023, New York City (United States), Series A	Freight rate management software for enterprises	$5.5M	Newark Venture Partners, Glasswing Ventures ... & 3 others	38/100
6th	Pamyra 2015, Erfurt (Germany), Seed	Online price comparison platform for shipping companies	-	EIT InnoEnergy, Beteiligungsmanagement Thuringen ... & 11 others	35/100
7th	DrayMaster 2012, United States, Acquired	Offers intermodal freight rate monitoring solutions	-	-	35/100
8th	Freightsolution 2018, Herning (Denmark), Unfunded	Offers cloud-based freight cost management solutions	-	-	34/100
9th	Semantics3 2012, San Francisco (United States), Deadpooled	Provider of AI and cloud-based platform for eCommerce and logistics industry	$2.27M	Zillionize, E-Merge & 2 others	32/100
10th	RouteRater 2019, Chester (United Kingdom), Unfunded	Provider of a freight pricing platform	-	-	32/100