Freightify - About the company
Freightify is a series A company based in Singapore (Singapore), founded in 2016 by Mohammed Zakkiria. A and Raghavendran Viswanathan. It operates as a Web-based freight rate and quotation management solutions. Freightify has raised $19.5M in funding from investors like Alchemist Accelerator, Rose Capital Advisors and Rainmaking, with a current valuation of ₹*****. The company has 68 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like Wiremind, Wisor and CargoMetrics.
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
Post Money Valuation
₹***** as on Jul 14, 2023
Investors
Ranked
1st among 68 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
220 as on Aug 31, 2026
Legal entities associated with Freightify
Freightify is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FREIGHTIFY SOLUTIONS INDIA PRIVATE LIMITED CIN: U72900TN2022PTC153470 , India, Active | Jun 29, 2022 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 106 (As on Aug 01, 2025) | |
KAPPAL LOGISTICS PRIVATE LIMITED CIN: U74999TN2016PTC112794 , India, Active | Oct 03, 2016 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 22 (As on Dec 01, 2024) |
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Freightify's funding and investors
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 41 institutional investors and 52 angel investors.
Here is the list of recent funding rounds of Freightify:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 14, 2023 | 9388789 | Series A | 9290906 | 3047816 | 9536088 | 2921491 |
Feb 02, 2023 | 9692359 | Conventional Debt | 4367845 | 9319381 | 4775772 | 6804088 |
Feb 02, 2023 | 6730944 | Series A | 4168948 | 7448628 |
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Freightify's founders and board of directors
Founder? Claim ProfileThe founders of Freightify are Mohammed Zakkiria. A and Raghavendran Viswanathan. Raghavendran Viswanathan is the CEO of Freightify.
Here are the details of Freightify's key team members:
- Mohammed Zakkiria. A: Former Co-Founder of Freightify and founder of 1 other company. They serve on the board of 1 company.
- Raghavendran Viswanathan: Co-Founder & CEO of Freightify and founder of 1 other company. Contact Info: 1 phone number
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 |
|---|---|---|---|---|
Team | - | Current | 9y 11m | |
axddml{ | Team | - | Past | 2y 1m |
jnbzlgn | Team | - | Past | 7y 4m |
gerbvzt | Team | - | Past | 6y 3m |
awklpje | Team | - | Past | 8y 2m |
kuylaye | Team | - | Past | 2y 8m |
lrlhzfv | Team | - | Past | 8y 1m |
Investor | Tradeworks.vc | Current | 5y 6m | |
vwuilcf | Investor | - | Past | 4y 6m |
mrx{ing | Investor | - | Past | 3y 2m |
Independent board member | - | Current | 5y 6m | |
bxidkrb | Independent board member | - | Past | 7y 1m |
jmxtbas | Independent board member | - | Past | 6y 2m |
{bqkjho | Independent board member | - | Past | 6y 7m |
View details of Freightify's Founder profiles and Board Members
Freightify's employee count trend
Freightify has 220 employees as of Aug 26. Here is Freightify's employee count trend over the years:
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Freightify's Competitors and alternates
Top competitors of Freightify include Wiremind, Wisor and CargoMetrics. Here is the list of Top 10 competitors of Freightify, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Freightify 2016, Singapore (Singapore), Series A | Web-based freight rate and quotation management solutions | $19.5M | 51/100 | |
2nd | Provider of software for optimizing capacity in transport, cargo, and entertainment | - | - | 46/100 | |
3rd | Offers AI & web-enabled freight rate management solutions | $8M | 39/100 | ||
4th |  CargoMetrics 2010, Boston (United States), Series A | Offers technology and method development for measuring maritime trade and in other fields | $24.4M | 38/100 | |
5th |  Ship Angel 2023, New York City (United States), Series A | Freight rate management software for enterprises | $5.5M | 38/100 | |
6th |  DrayMaster 2012, United States, Acquired | Offers intermodal freight rate monitoring solutions | - | - | 35/100 |
7th | Online price comparison platform for shipping companies | - | 34/100 | ||
8th |  Lanesurf 2023, Lewes (United States), Unfunded | Provider of AI-powered platform for freight carrier vetting and rate negotiation | - | - | 33/100 |
9th |  RouteRater 2019, Chester (United Kingdom), Unfunded | Provider of a freight pricing platform | - | - | 32/100 |
10th | Offers web-based freight rate analytics for the logistics industry | - | - | 31/100 |
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Freightify's Investments and acquisitions
Freightify has made no investments or acquisitions yet.
Reports related to Freightify
Here is the latest report on Freightify's sector:
News related to Freightify
•
Freightify Appoint New Svp Of Enterprise Product & Professional ServicesPort Technology•Apr 19, 2024•Freightify
•
Freightify bags $12 Mn in Series A round led by SequoiaEntrackr•Aug 08, 2023•Freightify, Sequoia Capital, TMV, Alteria Capital and 2 others
•
Freightify bags $12 Mn in Series A round led by SequoiaEntrackr•Feb 02, 2023•Freightify, Sequoia Capital, Technology & Marketing Ventures, Alteria Capital and 5 others
•
Rigi raises $12.3 million funding from Elevation Capital, MS Dhoni, othersIndiatimes•Jan 25, 2023•Rigi, Elevation Capital, Freightify, Sequoia Capital and 6 others
•
Sequoia Capital leads $12m Series A round in SG-based FreightifyDeal Street Asia•May 23, 2022•Freightify, Sequoia Capital, TMV, Alteria Capital and 2 others
•
Freightify announces $2.5 mn Pre-series A fundingExpress Computer•Jul 27, 2021•Freightify, Nordic Eye, Tradeworks.vc, Venture Catalysts and 2 others
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