When was InstaFreight founded?

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

Where is InstaFreight located?

InstaFreight is headquartered in Berlin, Germany.

How many employees does InstaFreight have?

As of May 31, 2026, the latest employee count at InstaFreight is 26.

Is InstaFreight a funded company?

InstaFreight is a funded company, having raised a total of $58.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 30, 2017.

When was the latest funding round of InstaFreight?

InstaFreight's latest funding was a $***** Series B round on Mar 09, 2022, with participation from 5 investors. Its primary sector is Logistics Tech. In Germany, the Logistics Tech sector has seen $36.8M in funding in 2026 to date.

Where does InstaFreight rank among its competitors?

InstaFreight ranks 26th amongst 1702 active competitors, of which 139 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Einride, which secured $113M in Feb, 2026.

Who are the top competitors of InstaFreight?

InstaFreight's top competitors include Einride, Ripplr and Turvo. Among them, Einride secured the most recent funding round in February, 2026.

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

Company Details

InstaFreight is a mobile-based marketplace providing an on-demand platform for connecting local shippers with truck carriers for local deliveries. Shippers can submit loads and instantly find nearby trucks to service their needs. Enables real-time shipment tracking in the app.

Website: instafreight.de
Social

Key Metrics

Founded Year

2016

Location

Berlin, Germany

Stage

Public

Total Funding

$58.4M in 3 rounds

Latest Funding Round

Series B, Mar 09, 2022, $*****

Investors

European Investment Bank & 5 more

Ranked

26^th among 1702 active competitors

Employee Count

26 as on May 31, 2026

Similar Companies

Einride & 1423 more

Exit Details

Public

View InstaFreight's full profile

InstaFreight is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
InstaFreight GmbH CIN: HRB138584 , Germany, Active	Dec 13, 2011	-	159 (As on Dec 31, 2023)

InstaFreight has raised a total funding of $58.4M over 3 rounds. Its first funding round was on Nov 30, 2017. Its latest funding round was a Series B round on Mar 09, 2022 for $*****. 5 investors participated in its latest round. InstaFreight has 6 institutional investors.

Here is the list of recent funding rounds of InstaFreight:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 09, 2022	4082021	Series B	6779996	9058518	6112217	1559651
Jan 14, 2020	1102323	Series B	8413140	8314833	9847967	3995214
Nov 30, 2017	1488092	Series A	7138629	3540743	7582340	7932551

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View details of InstaFreight's funding rounds and investors

The founders of InstaFreight are Philipp Ortwein, Maximilian Schaefer, Joe Teng, Markus J Doetsch and Gion Otto Presser.

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

Philipp Ortwein: Former Co-Founder of InstaFreight and founder of 1 other company. They are also an angel investor in 1 startup.
Maximilian Schaefer: Former Co-Founder of InstaFreight and founder of 1 other company.
Joe Teng: Founder of InstaFreight.
Markus J Doetsch: Co-Founder of InstaFreight.
Gion Otto Presser: Co-Founder of InstaFreight.

View details of InstaFreight's Founder profiles and Board Members

InstaFreight's employee count trend

InstaFreight has 26 employees as of May 26. Here is InstaFreight's employee count trend over the years:

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Top competitors of InstaFreight include Einride, Ripplr and Turvo. Here is the list of Top 10 competitors of InstaFreight, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Einride 2016, Stockholm (Sweden), Series E	Provider of electric and autonomous freight transportation solutions	$865M	Temasek, EQT & 37 others	74/100
2nd	Ripplr 2019, Bengaluru (India), Series C	Provider of distribution and logistics services for multiple industry verticals	$123M	Sojitz, 3one4 Capital & 45 others	72/100
3rd	Turvo 2014, San Mateo (United States), Acquired	Provider of a cloud and AI-based collaborative logistics platform	$85M	Mubadala, Activant Capital & 13 others	71/100
4th	Freight Tiger 2014, Mumbai (India), Acquired	Provider of a digital freight network and transportation management system	$57.7M	Tata Motors, Enam Holdings & 53 others	70/100
5th	Optimal Dynamics 2014, New York City (United States), Series C	Developer of a decision automation platform for the truckload industry	$94.8M	Activate Capital, Standard Industries & 10 others	64/100
6th	Alvys 2020, Solana Beach (United States), Series B	Developer of transportation management system software for logistics operations	$77M	Bonfire Ventures, RTP Global & 3 others	63/100
7th	Super Dispatch 2013, Kansas City (United States), Seed	End-to-end transport management solutions for the car hauling industry	$1.95M	Techstars, Active Capital & 5 others	63/100
8th	Traqo 2022, Gurugram (India), Seed	Offers cloud-enabled end-to-end supply chain and logistcis transportation management solutions	$998K	We Founder Circle, Kahu & 6 others	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	RoseRocket 2015, Toronto (Canada), Series B	Provider of cloud-based transportation management system	$69M	Scale Venture Partners, Funders-club.com ... & 12 others	61/100
26th	InstaFreight 2016, Berlin (Germany), Public	Offers transport management solutions for road freight industry	$58.4M	Shell, Heliad & 4 others	56/100