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SHIPSTA - About the company

SHIPSTA is an acquired company based in Luxembourg (Luxembourg), founded in 2015 by Christian Wilhelm, Jurgen Leger, Oliver Ritzmann and Stefan Maratzki. It operates as a Cloud based freight forwarding software. SHIPSTA has raised $10M in funding from investors like RTP Global, Mangrove Capital Partners and Tricap. The company has 26 active competitors, including 2 funded and 5 that have exited. Its top competitors include companies like Transporeon, Alpega Group and CargoClix.

Company Details

Cloud based freight forwarding software. It offers solutions to streamline the transportation process. It allows users to find carriers for the adhoc transport. It benchmarks with market data and forecasts to support the decision making process. It offers solutions such as freight rates management, transport management, procurement, freight tendering, spot tendering, freight calculator, and more.
Social
Facebook
Email ID
*****@shipsta.com
Phone Number
+352 **********
Key Metrics
Founded Year
2015
Location
Luxembourg, Luxembourg
Stage
Acquired
Total Funding
$10M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
14 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Freightos (Aug 19, 2024)

SHIPSTA's acquisition details

SHIPSTA got acquired by Freightos on Aug 19, 2024.
Click here to take a look at SHIPSTA's acquisition in detail
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SHIPSTA's funding and investors

SHIPSTA has raised a total funding of $10M over 2 rounds. Its first funding round was on Jun 21, 2019. Its latest funding round was a Series A round on Mar 31, 2022 for $*****. 2 investors participated in its latest round. SHIPSTA has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of SHIPSTA:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 31, 2022
5000239
Series A
6845640
9603930
6866670
7773044
Jun 21, 2019
6936269
Seed
8082946
2030331
2345507
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SHIPSTA's founders and board of directors

Founder? Claim Profile
The founders of SHIPSTA are Christian Wilhelm, Jurgen Leger, Oliver Ritzmann and Stefan Maratzki. Christian Wilhelm is the CEO of SHIPSTA.
Here are the details of SHIPSTA's key team members:

SHIPSTA's employee count trend

SHIPSTA has 14 employees as of Aug 26. Here is SHIPSTA's employee count trend over the years:
Employee count trend for SHIPSTA
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SHIPSTA's Competitors and alternates

Top competitors of SHIPSTA include Transporeon, Alpega Group and CargoClix. Here is the list of Top 10 competitors of SHIPSTA, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Transporeon
Transporeon
2000, Ulm (Germany), Acquired
Provider of cloud platform for transportation management, execution, and freight audit
$2.43M
61/100
2nd
Logo for Alpega Group
Alpega Group
2017, Zaventem (Belgium), Funding Raised
Offers web-based transportation management solutions
-
54/100
3rd
Logo for SHIPSTA
SHIPSTA
2015, Luxembourg (Luxembourg), Acquired
Cloud based freight forwarding software
$10M
43/100
4th
Logo for CargoClix
CargoClix
1999, Freiburg im Breisgau (Germany), Unfunded
Cargo and freight marketplace
-
-
42/100
5th
Logo for Winmore
Winmore
2013, San Francisco (United States), Series B
Cloud-based bid & tender management software for the logisitcs industry
$30.6M
42/100
6th
Logo for Pentimenti
Pentimenti
2023, Copenhagen (Denmark), Seed
Provider of AI-enabled tender and sales assistance solution for the supply chain
$913K
35/100
7th
Logo for TenderEasy
TenderEasy
2012, Stockholm (Sweden), Acquired
Freight management tool for transport sourcing and spot bidding
-
30/100
8th
Logo for Cargoo
Cargoo
2000, Switzerland, Unfunded
Provider of a cloud-based logistics collaborative platform
-
-
29/100
9th
Logo for Freightender
Freightender
2016, Malaga (Spain), Unfunded
Provider of web-based logistics procurement platform
-
-
28/100
10th
Logo for Sourcify
Sourcify
2017, Tallinn (Estonia), Unfunded
Cloud-based tender management platform for freight forwarders
-
-
27/100
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SHIPSTA's Investments and acquisitions

SHIPSTA has made no investments or acquisitions yet.

Reports related to SHIPSTA

Here is the latest report on SHIPSTA's sector:

News related to SHIPSTA

•
Freightos acquires Shipsta, expands offeringsAir Cargo Next•Sep 13, 2024•Freightos, SHIPSTA
•
Freightos has acquired Shipsta for $6.1 millionDC Velocity•Aug 22, 2024•Freightos, SHIPSTA
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