Shipwell - About the company
Shipwell is a series B company based in Austin (United States), founded in 2016 by Jason Traff and Gregory Price. It operates as an AI-powered TMS platform unifying supply chains for efficiency and visibility. Shipwell has raised $47.1M in funding from investors like First Round Capital, Fifth Wall and Georgian. The company has 2032 active competitors, including 139 funded and 133 that have exited. Its top competitors include companies like Ripplr, Turvo and Freight Tiger.
Company Details
AI-powered TMS platform unifying supply chains for efficiency and visibility. It offers an end-to-end Transportation Management System (TMS) designed to plan, rate, ship, and manage freight across multiple modes of transportation. The platform leverages Artificial Intelligence (AI) to save time, reduce costs, and provide clarity. It integrates with partners via API and EDI connections to expand capacity and simplify settlements. Capabilities include advanced data reporting, dock scheduling, load optimization, pricing intelligence, RFP automation, and multimodal visibility. The cloud-based SaaS solution offers features like freight audit and payment automation. It is designed to connect teams, systems, and freight operations, offering visibility optimization, procurement, settlement, and analytics. The platform is configurable to adapt to specific needs, offering features like real-time tracking, incident management, and automated workflows. It aims to streamline operations, optimize costs, improve customer experience, ensure compliance, and build resilience in the supply chain. The platform offers login and demo options.
- Website
- www.shipwell.com/
- Email ID
- *****@shipwell.com
- Phone Number
- +1 **********
- Registered Address
- Austin, Texas
Key Metrics
Founded Year
2016
Location
Austin, United States
Stage
Series B
Total Funding
$47.1M in 3 rounds
Latest Funding Round
Investors
Ranked
11th among 2032 active competitors
Employee Count
89 as on Sep 30, 2026
Similar Companies
Legal entities associated with Shipwell
Shipwell is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SHIPWELL, INC. CIN: 813192507 , United States, Active | Jul 04, 2016 | - | 46 (As on Dec 31, 2024) | - |
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Shipwell's funding and investors
Shipwell has raised a total funding of $47.1M over 3 rounds. Its first funding round was on Sep 27, 2017. Its latest funding round was a Series B round on Oct 24, 2019 for $*****. 5 investors participated in its latest round. Shipwell has 11 institutional investors.
Here is the list of recent funding rounds of Shipwell:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 24, 2019 | 4775779 | Series B | 7126555 | 2737842 | 8149635 | 6190146 |
Oct 09, 2018 | 4644695 | Series A | 1887227 | 8143695 | 1430353 | |
Sep 27, 2017 | 2023655 | Seed | 6132476 | 7196930 | 7127810 |
View details of Shipwell's funding rounds and investors
Shipwell's founders and board of directors
Founder? Claim ProfileThe founders of Shipwell are Jason Traff and Gregory Price.
Here are the details of Shipwell's key team members:
- Jason Traff: Co-Founder of Shipwell. Contact Info: 1 email address
- Gregory Price: Co-Founder & CEO of Shipwell. Contact Info: 1 email address
Shipwell's Board of Directors
Shipwell's board has 2 active members. Jason Traff and Gregory D Price are independent board members.Here is the list of Shipwell's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 8y 11m | |
ty{nvcw | Independent board member | - | Current | 1y 2m |
View details of Shipwell's Founder profiles and Board Members
Shipwell's employee count trend
Shipwell has 89 employees as of Sep 26. Here is Shipwell's employee count trend over the years:
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Shipwell's Competitors and alternates
Top competitors of Shipwell include Ripplr, Turvo and Freight Tiger. Here is the list of Top 10 competitors of Shipwell, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of distribution and logistics services for multiple industry verticals | $123M | 72/100 | ||
2nd | Turvo 2014, San Mateo (United States), Acquired | Provider of a cloud and AI-based collaborative logistics platform | $85M | 71/100 | |
3rd | Freight Tiger 2014, Mumbai (India), Acquired | Provider of a digital freight network and transportation management system | $57.7M | 70/100 | |
4th | Super Dispatch 2013, Kansas City (United States), Seed | End-to-end transport management solutions for the car hauling industry | $1.95M | 64/100 | |
5th | Alvys 2020, Solana Beach (United States), Series B | Developer of transportation management system software for logistics operations | $77M | 63/100 | |
6th | Offers cloud-enabled end-to-end supply chain and logistcis transportation management solutions | $998K | 62/100 | ||
7th | RoseRocket 2015, Toronto (Canada), Series B | Provider of cloud-based transportation management system | $69M | 62/100 | |
8th | McLeod Software 1985, Birmingham (United States), Unfunded | Provider of transportation management software solutions for carriers, brokers, 3PL providers, and shippers | - | - | 62/100 |
9th | Augment 2024, San Francisco (United States), Series A | Developer of an AI teammate for logistics and knowledge management | $110M | 62/100 | |
10th | Provider of web-enabled solutions for transportation management | $29.3M | 61/100 | ||
11th | Shipwell 2016, Austin (United States), Series B | AI-powered TMS platform unifying supply chains for efficiency and visibility | $47.1M | 57/100 |
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Shipwell's Investments and acquisitions
Shipwell has made no investments or acquisitions yet.
Reports related to Shipwell
Here is the latest report on Shipwell's sector:
News related to Shipwell
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SG Credit Partners Announces Senior Debt Investment in ShipwellABL Advisor•Oct 09, 2024•SG Credit Partners, Shipwell
•
Shipwell Unveils Sleek New Website, Showcasing Award-Winning, Cutting-Edge Supply Chain Management SolutionsYahoo•Mar 28, 2024•Shipwell
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CloudTrucks launches new offerings, acquires Shipwell’s brokerageFreightWaves•Feb 21, 2024•CloudTrucks, Shipwell
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Shipwell's 2023 Highlights a Year of Strategic Evolution and Double-Digit GrowthYahoo•Jan 04, 2024•Shipwell
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Shipwell Named "Transport Management Company Of The Year" In 2023 SupplyTech Breakthrough Awards ProgramNewsfile•Jun 15, 2023•Shipwell
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Shipwell TMS Adopts Dynamic Rating and Enhances Load Board Access Through Integration with DAT Freight &Shipwell•Jun 06, 2023•Shipwell, DAT Solutions
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Shipwell Recognized as a Challenger in the Gartner® Magic Quadrant™ for Transportation Management SystemsShipwell•Mar 31, 2023•Shipwell
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