Project44 - About the company
Project44 is a series G company based in Chicago (United States), founded in 2014 by Jett McCandless. It operates as a Provider of cloud-based cargo and supply chain visibility tracking solutions. Project44 has raised $912M in funding from investors like Emergence Capital, TPG and Sapphire Ventures, with a current valuation of $2.7B. The company has 438 active competitors, including 83 funded and 39 that have exited. Its top competitors include companies like FourKites, ORBCOMM and TrusTrace.
Sectors and market segments that Project44 operate in
Project44 serves in the High Tech, Transportation and Logistics Tech market segments.The primary business model of Project44 are:Company Details
Provider of cloud-based cargo and supply chain visibility tracking solutions. It provides users with a platform that connects shippers and 3PLs to carriers through the integration of a transport management system. It enables users to pull carrier rate quotes, automate dispatch requests, track shipments, and pull images. It also offers visibility solutions such as carrier rating, workflow automation, tracking, and dynamic rate quotes. It provides solutions for industries such as retail, manufacturing, life sciences, food and beverage, and consumer goods.
- Website
- project44.com
- Email ID
- *****@project44.com
- Phone Number
- +1 **********
- Registered Address
- Chicago, Illinois
Key Metrics
Founded Year
2014
Location
Chicago, United States
Stage
Series G
Total Funding
$912M in 8 rounds
Latest Funding Round
Post Money Valuation
$2.7B as on Nov 03, 2022
Investors
Ranked
2nd among 438 active competitors
Employee Count
779 as on Mar 31, 2026
Legal entities associated with Project44
Project44 is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PROJECT44 SOFTWARE SERVICES PRIVATE LIMITED CIN: U62011KA2023FTC171316 , India, Active | Mar 16, 2023 | $18.6M (As on Mar 31, 2025) | 233 (As on Aug 01, 2025) | |
PROJECT44, INC. CIN: 812970923 , United States, Active | Dec 31, 1999 | - | 218 (As on Dec 31, 2024) | - |
Project44 A/s CIN: 37439541 , Denmark, Active | - | 31 (As on Jan 31, 2024) |
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Project44's funding and investors
Project44 has raised a total funding of $912M over 8 rounds. Its first funding round was on Sep 16, 2016. Its latest funding round was a Series G round on Nov 03, 2022 for $80M. 11 investors participated in its latest round. Project44 has 27 institutional investors.
Here is the list of recent funding rounds of Project44:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 03, 2022 | $80M | Series G | $2.7B | - | - | |
Sep 27, 2022 | $20M | Series F | - | - | - | - |
Jan 11, 2022 | $420M | Series F | $2.4B | - |
View details of Project44's funding rounds and investors
Project44's founders and board of directors
Founder? Claim ProfileThe founders of Project44 is Jett McCandless. Jett McCandless is the CEO of Project44.
Here are the details of Project44's key team members:
- Jett McCandless: Founder & CEO of Project44 and founder of 1 other company. They are also an angel investor in 12 startups and serve on the board of 1 company.Contact Info: 1 email address
Project44's Board of Directors
Project44's board has 7 active members. Jett McCandless, Teddie Wardi, Douglas Bates, Joseph Floyd, Kevin Diestel, William Conroy and James Baum are independent board members.Here is the list of Project44's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 4y 6m | |
Independent board member | - | Current | 4y 6m | |
Independent board member | - | Current | 4y 6m | |
Independent board member | - | Current | 4y 6m | |
Independent board member | - | Current | 4y 6m | |
Independent board member | - | Current | 4y 6m | |
Independent board member | - | Current | 4y 6m |
View details of Project44's Founder profiles and Board Members
Project44's employee count trend
Project44 has 779 employees as of Mar 26. Here is Project44's employee count trend over the years:
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Project44's Competitors and alternates
Top competitors of Project44 include FourKites, ORBCOMM and TrusTrace. Here is the list of Top 10 competitors of Project44, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | FourKites 2014, Chicago (United States), Series D | Developer of AI and web-based visibility solutions for the supply chain | $243M | 76/100 | |
2nd | Project44 2014, Chicago (United States), Series G | Provider of cloud-based cargo and supply chain visibility tracking solutions | $912M | 75/100 | |
3rd | ORBCOMM 1993, Rochelle Park (United States), Acquired | Provider of industrial Internet of Things solutions for asset management | $136M | 70/100 | |
4th | Provider of a platform for supply chain traceability and compliance | $30M | 67/100 | ||
5th | GenLogs 2022, Washington, DC (United States), Series B | Provider of a platform delivering truck intelligence using sensor data | $84.3M | 63/100 | |
6th | Provider of real-time shipment tracking solutions for various industries | $131M | 63/100 | ||
7th | SaaS-based road freight transportation management platform for carriers and shippers | $140M | 62/100 | ||
8th | Arviem 2008, Baar (Switzerland), Public | Integrated solutions for real-time cargo monitoring | $15M | 61/100 | |
9th | Parsyl 2016, Denver (United States), Series C | Developer of cargo tracking and management solutions | $67.1M | 58/100 | |
10th | Provider of a platform for real-time multimodal supply chain visibility | $5.06M | 58/100 |
Looking for more details on Project44's competitors? Click here to see the top ones
Project44's Investments and acquisitions
Project44 has made 1 investments in companies including GoodShip. Project44 has also acquired 4 companies including Synfioo and Convey.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 31, 2022 | Investments | 2022 | Nashville (United States) | |
Apr 07, 2022 | Acquisition | 2015 | Potsdam (Germany) | |
Sep 21, 2021 | Acquisition | 2013 | Austin (United States) |
See all acquisitions by Project44
News related to Project44
Media has covered Project44 for a total of 8 events in the last 1 year, 4 of them have been about company updates.
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Commentary: Project44 Acquires LunaPath.ai: A Key Step Toward an AI-Native Supply ChainFreightWaves•Apr 09, 2026•Project44, LunaPath
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decision44 to Define the Next Era of AI-Powered Supply Chain ExecutionPR Newswire•Mar 12, 2026•Project44
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Project44 Hits Milestone with Positive Cash Flow, 48% Q4 ARR GrowthFreightWaves•Feb 24, 2026•Project44
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project44 achieves cash flow breakeven, 40%+ ARR growth in Q3 2025FreightWaves•Nov 19, 2025•Project44
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SONAR partners with project44 on new procurement analytics productFreightWaves•Mar 04, 2025•Project44, Sonar
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project44 extends partnership with HERE Technologies to power supply chain visibilityGlobeNewswire•Feb 12, 2025•HERE, Project44
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Project44, MyCarrier trade courtroom claims of contract violation, poor serviceFreightWaves•Jan 29, 2025•MyCarrier, Project44
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