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 May 31, 2026, the latest employee count at Freightify is 224.

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 between ₹10 Cr and ₹50 Cr 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

Freightify is a series A company based in Singapore (Singapore), founded in 2016 by Raghavendran Viswanathan and Abdul Salam Mohammed Zakkiria. 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 62 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like Wisor, Wiremind 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

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

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

224 as on May 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	$1M - $10M (As on Mar 31, 2025)	22 (As on Dec 01, 2024)
FREIGHTIFY SOLUTIONS INDIA PRIVATE LIMITED CIN: U72900TN2022PTC153470 , India, Active	Jun 29, 2022	$1M - $10M (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	8534960	Series A	6947525	6443181	9509790	7060639
Feb 02, 2023	9571940	Conventional Debt	1524677	4625095	6502906	6158591
Feb 02, 2023	4767811	Series A	8111158	8803340	Alteria Capital & 1 more	TMV & 3 more

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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 7m
uxrffui	Team	-	Past	2y 8m
mmbvdbi	Team	-	Past	6y 3m
mgwnqzv	Team	-	Past	1y 5m
srbrrhe	Team	-	Past	9y 5m
ebatoia	Team	-	Past	7y 6m
zosatxo	Team	-	Past	5y 8m
Niklas Holck	Investor	Tradeworks.vc	Current	5y 2m
rwykfwn	Investor	-	Past	9y 4m
ochlfmi	Investor	-	Past	2y 7m
Ib Vagn Drachmann Hansen	Independent board member	-	Current	5y 2m
ouhzwjw	Independent board member	-	Past	2y 8m
ucbctpv	Independent board member	-	Past	3y 2m
kxfhmmx	Independent board member	-	Past	1y 7m

View details of Freightify's Founder profiles and Board Members

Freightify's employee count trend

Freightify has 224 employees as of May 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	55/100
2nd	Freightify 2016, Singapore (Singapore), Series A	Web-based freight rate and quotation management solutions	$19.5M	Venture Catalysts, 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	43/100
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	DrayMaster 2012, United States, Acquired	Offers intermodal freight rate monitoring solutions	-	-	35/100
7th	Freightsolution 2018, Herning (Denmark), Unfunded	Offers cloud-based freight cost management solutions	-	-	35/100
8th	Pamyra 2015, Erfurt (Germany), Seed	Online price comparison platform for shipping companies	-	Beteiligungsmanagement Thuringen, EIT InnoEnergy ... & 11 others	34/100
9th	RouteRater 2019, Chester (United Kingdom), Unfunded	Provider of a freight pricing platform	-	-	32/100
10th	Upply 2018, Paris (France), Unfunded	Offers web-based freight rate analytics for the logistics industry	-	-	31/100