Nowports - About the company
Nowports is a series C company based in Monterrey (Mexico), founded in 2018 by Alfonso De los Rios. It operates as a Tech-enabled freight forwarding service provider. Nowports has raised $243M in funding from investors like Y Combinator, Tiger Global Management and DST Global, with a current valuation of $1.1B. The company has 1164 active competitors, including 60 funded and 78 that have exited. Its top competitors include companies like Flexport, Forto and Zencargo.
Sectors and market segments that Nowports operate in
Nowports serves in the Transportation and Logistics Tech market segments.The primary business model of Nowports is:Company Details
Tech-enabled freight forwarding service provider. It is a digital platform that allows users to book multi-modal freight forwarding services. Its features include live shipment tracking, shipment history reports, transparent rates prior to shipping, communication between clients and suppliers, optimized routing, and visibility into cargo handling. It caters to the automotive, cleaning, furniture, refrigeration, and dairy products industries. Its client include Grin Scooters.
- Website
- nowports.com
- Email ID
- *****@nowports.com
- Phone Number
- +52 **********
Key Metrics
Founded Year
2018
Location
Monterrey, Mexico
Stage
Series C
Total Funding
$243M in 5 rounds
Latest Funding Round
Post Money Valuation
$1.1B as on May 24, 2022
Investors
Ranked
35th among 1164 active competitors
Employee Count
276 as on Jun 30, 2026
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Nowports's funding and investors
Nowports has raised a total funding of $243M over 5 rounds. Its first funding round was on Feb 12, 2019. Its latest funding round was a Series C round on May 24, 2022 for $150M. 13 investors participated in its latest round. Nowports has 22 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of Nowports:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 24, 2022 | $150M | Series C | $1.1B | - | ||
Dec 16, 2021 | $60M | Series B | - | - | ||
Jul 01, 2021 | $24M | Series A | $1.1B | - |
View details of Nowports's funding rounds and investors
Nowports' founders and board of directors
Founder? Claim ProfileThe founders of Nowports is Alfonso De los Rios.
Here are the details of Nowports' key team members:
- Alfonso De los Rios: Co-Founder & CTO of Nowports. They are also an angel investor in 1 startup.
View details of Nowports's Founder profiles and Board Members
Nowports' employee count trend
Nowports has 276 employees as of Jun 26. Here is Nowports's employee count trend over the years:
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Nowports's Competitors and alternates
Top competitors of Nowports include Flexport, Forto and Zencargo. Here is the list of Top 10 competitors of Nowports, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Flexport 2013, San Francisco (United States), Series E | Provider of end-to-end supply chain logistics platform | $2.5B | 74/100 | |
2nd | Provider of tech-enabled freight forwarding services | $610M | 69/100 | ||
3rd | Zencargo 2017, London (United Kingdom), Series B | Provider of digital freight forwarding and supply chain management services | $66.4M | 63/100 | |
4th | Nuvocargo 2018, New York City (United States), Series B | Tech-enabled freight forwarding service provider | $75.6M | 63/100 | |
5th | Provider of tech-enabled multi-modal freight forwarding services | $46M | 62/100 | ||
6th | Airspace 2016, Carlsbad (United States), Series D | Offers web-based cargo management solutions for the air logistics industry | $138M | 62/100 | |
7th | Tech enabled trucking services | $413M | 60/100 | ||
8th | Beacon 2018, London (United Kingdom), Series B | Provider of a supply chain visibility platform for freight management | $86.6M | 59/100 | |
9th | C.H. Robinson Worldwide 1905, Eden Prairie (United States), Public | Provider of third-party logistics and supply chain management services | - | - | 59/100 |
10th | Ocean freight forwarding aggregator | - | - | 58/100 | |
35th | Tech-enabled freight forwarding service provider | $243M | 46/100 |
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Nowports's Investments and acquisitions
Nowports has made no investments or acquisitions yet.
Reports related to Nowports
Here is the latest report on Nowports's sector:
News related to Nowports
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Nowports, Coneksion collaborate to enhance digital freight solutionsPort Technology•Jan 31, 2025•Nowports, Coneksion
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Lightspeed Venture Partners Leads USD13m Series A for Mexico’s BeekLAVCA•Feb 02, 2023•Lightspeed Venture Partners, Beek, Greylock Partners, Accel and 5 others
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Nowports hits unicorn status at $1B valuation with Series CLatamList•May 26, 2022•Nowports, SoftBank Latin America Fund, Tiger Global Management, Foundation Capital and 6 others
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Truora, a Colombian authentication startup, raises $15M in Series-A fundingexplode.africa•Apr 23, 2022•Truora, Accel, BBVA, Kaszek and 3 others
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Nowports closes a US$60m Series B round led by Tiger GlobalContxto•Dec 29, 2021•Nowports, Tiger Global Management, SoftBank Group, DST Global and 4 others
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Tiger, SoftBank Lead Round for Latin American Logistics StartupBloombergQuint•Dec 16, 2021•Tiger Global Management, Nowports, Foundation Capital, Broadhaven Capital Partners and 5 others
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Santander's Mouro Capital lead $16 million round in digital freight forwarder NewportFinextra•Jul 01, 2021•Mouro Capital, Nowports, Foundation Capital, Broadhaven Capital Partners and 4 others
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Digital Freight Forwarder Nowports Lands $5.5 Million Seed Capitalnxt startup•Jun 27, 2019•Nowports, Monashees, Base10 Partners, Y Combinator
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