FreightWise - About the company
FreightWise is a seed company based in Brentwood (United States), founded in 2015 by Richard Hoehn and Alessandro Rustioni. It operates as a Transportation management platform. FreightWise has raised an undisclosed amount in funding from Riverside and Unigestion. The company has 1560 active competitors, including 125 funded and 119 that have exited. Its top competitors include companies like Einride, Ripplr and Turvo.
Company Details
Transportation management platform. It provides logistics management solutions that allow users to manage tasks such as freight auditing, payment, and invoice generation. The platform automates the carrier, route, and insurance process. It provides a dashboard to track shipments and unpaid invoices. The solution can be integrated with ERP, TMS, and WMS systems.
- Website
- freightwisellc.com
- Email ID
- *****@freightwisellc.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Brentwood, United States
Stage
Seed
Latest Funding Round
Ranked
143rd among 1560 active competitors
Employee Count
159 as on May 31, 2026
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FreightWise's funding and investors
FreightWise has raised funding over 2 rounds. Its first funding round was on Jun 2020. Its latest funding round was a Seed round on Apr 08, 2022 for $*****. 1 investor participated in its latest round. FreightWise has 3 institutional investors.
Here is the list of recent funding rounds of FreightWise:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 08, 2022 | 7626099 | Seed | 3173285 | 1079427 | 5569132 | 4167877 |
Jun 2020 | 7310791 | Seed | 1297331 | 9105298 | 7605194 |
View details of FreightWise's funding rounds and investors
FreightWise's founders and board of directors
Founder? Claim ProfileThe founders of FreightWise are Richard Hoehn and Alessandro Rustioni. Chris Cochran is the CEO of FreightWise.
Here are the details of FreightWise's key team members:
- Richard Hoehn: CTO / CIO / Co-Founder of FreightWise and founder of 1 other company. Contact Info: 1 email address
- Alessandro Rustioni: Co-Founder of FreightWise. Contact Info: 1 email address
- Chris Cochran: CEO of FreightWise.
View details of FreightWise's Founder profiles and Board Members
FreightWise's employee count trend
FreightWise has 159 employees as of May 26. Here is FreightWise's employee count trend over the years:
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FreightWise's Competitors and alternates
Top competitors of FreightWise include Einride, Ripplr and Turvo. Here is the list of Top 10 competitors of FreightWise, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of autonomous electric trucks and freight management software systems | $865M | 73/100 | ||
2nd | Provider of distribution and logistics services for multiple industry verticals | $123M | 72/100 | ||
3rd | Turvo 2014, San Mateo (United States), Acquired | Provider of a cloud and AI-based collaborative logistics platform | $85M | 71/100 | |
4th | Freight Tiger 2014, Mumbai (India), Series C | Provider of a digital freight network and transportation management system | $57.7M | 69/100 | |
5th | Optimal Dynamics 2014, New York City (United States), Series C | Developer of a decision automation platform for the truckload industry | $94.8M | 64/100 | |
6th | Alvys 2020, Solana Beach (United States), Series B | Developer of transportation management system software for logistics operations | $77M | 63/100 | |
7th | Descartes 1981, Waterloo (United States), Public | Provider of cloud-based solutions for logistics and supply chain management | - | 63/100 | |
8th | RoseRocket 2015, Toronto (Canada), Series B | Provider of cloud-based transportation management system | $69M | 62/100 | |
9th | McLeod Software 1985, Birmingham (United States), Unfunded | Provider of transportation management software solutions for carriers, brokers, 3PL providers, and shippers | - | - | 62/100 |
10th | Shipwell 2016, Austin (United States), Series B | AI-powered TMS platform unifying supply chains for efficiency and visibility | $47.1M | 61/100 | |
143rd | FreightWise 2015, Brentwood (United States), Seed | Transportation management platform | - | 36/100 |
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FreightWise's Investments and acquisitions
FreightWise has acquired 2 companies including Kuebix and Kuebix. FreightWise has not made any investments as of now.Reports related to FreightWise
Here is the latest report on FreightWise's sector:
News related to FreightWise
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FreightWise and Estes Team Up to Save Shippers Money on LTL FreightBusiness Wire•Jan 02, 2025•FreightWise, Estes
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FreightWise Celebrates Kuebix's First New Client Win Post AcquisitionDC Velocity•Dec 18, 2023•FreightWise, Kuebix
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Unigestion invests in FreightWisePrivate Equity Wire•Apr 26, 2022•Unigestion, FreightWise, Elyan Partners, Riverside Acceleration Capital and 1 other
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FreightWise snags 'significant' investment from trio led by Swiss giant UnigestionThe Business Journals•Apr 08, 2022•FreightWise, Unigestion
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Stillwater advises FreightWise LLC in its investment from Riverside Acceleration CapitalStillwater Capital•Sep 01, 2020•FreightWise
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