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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.
Social
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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
Ranked
Employee Count
779 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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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:lockFilter this list
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
-
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Project44's founders and board of directors

Founder? Claim Profile
The founders of Project44 is Jett McCandless. Jett McCandless is the CEO of Project44.
Here are the details of Project44's key team members:

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

Project44's employee count trend

Project44 has 779 employees as of Mar 26. Here is Project44's employee count trend over the years:
Employee count trend for Project44
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for FourKites
FourKites
2014, Chicago (United States), Series D
Developer of AI and web-based visibility solutions for the supply chain
$243M
76/100
2nd
Logo for Project44
Project44
2014, Chicago (United States), Series G
Provider of cloud-based cargo and supply chain visibility tracking solutions
$912M
75/100
3rd
Logo for ORBCOMM
ORBCOMM
1993, Rochelle Park (United States), Acquired
Provider of industrial Internet of Things solutions for asset management
$136M
70/100
4th
Logo for TrusTrace
TrusTrace
2016, Stockholm (Sweden), Series B
Provider of a platform for supply chain traceability and compliance
$30M
67/100
5th
Logo for GenLogs
GenLogs
2022, Washington, DC (United States), Series B
Provider of a platform delivering truck intelligence using sensor data
$84.3M
63/100
6th
Logo for Tive
Tive
2012, Mo i Rana (Norway), Series C
Provider of real-time shipment tracking solutions for various industries
$131M
63/100
7th
Logo for Shippeo
Shippeo
2013, Paris (France), Series C
SaaS-based road freight transportation management platform for carriers and shippers
$140M
62/100
8th
Logo for Arviem
Arviem
2008, Baar (Switzerland), Public
Integrated solutions for real-time cargo monitoring
$15M
61/100
9th
Logo for Parsyl
Parsyl
2016, Denver (United States), Series C
Developer of cargo tracking and management solutions
$67.1M
58/100
10th
Logo for Intugine
Intugine
2013, Bengaluru (India), Seed
Provider of a platform for real-time multimodal supply chain visibility
$5.06M
58/100
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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:lockFilter this list
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)
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News related to Project44

lockFilter this list
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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FAQs about Project44

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