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Vector AI - About the company

Vector AI is a series A company based in London (United Kingdom), founded in 2017 by James Coombes. It operates as an AI & web-based automated freight forwarding and management solution for the logistics industry. Vector AI has raised $15M in funding from Bessemer Venture Partners and Techstars. The company has 703 active competitors, including 69 funded and 50 that have exited. Its top competitors include companies like Kale Logistics Solutions, WiseTech Global and Magaya Corporation.

Company Details

AI & web-based automated freight forwarding and management solution for the logistics industry. The solution allows users to digitize & classify documents and extract key information automatically. Features include key-information extraction, automated paper workflows, regulatory reporting, and more.
Website
vector.ai
Email ID
*****@vector.ai
Key Metrics
Founded Year
2017
Location
Stage
Series A
Total Funding
$15M in 2 rounds
Latest Funding Round
Ranked
Employee Count
135 as on May 31, 2026
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Vector AI's funding and investors

Vector AI has raised a total funding of $15M over 2 rounds. Its first funding round was on Sep 10, 2018. Its latest funding round was a Series A round on Sep 13, 2021 for $*****. 3 investors participated in its latest round. Vector AI has 5 institutional investors.

Here is the list of recent funding rounds of Vector AI:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 13, 2021
8948446
Series A
7165157
3874554
8659361
6098134
Sep 10, 2018
5995059
Seed
7315913
3215900
9409110
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Vector AI's founders and board of directors

Founder? Claim Profile
The founders of Vector AI is James Coombes.
Here are the details of Vector AI's key team members:

Vector AI's Board of Directors

Vector AI's board has 2 active members. Nisarg Mehta and James Coombes are part of team.
Here is the list of Vector AI's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 6m
Team
-
Current
8y 6m

Vector AI's employee count trend

Vector AI has 135 employees as of May 26. Here is Vector AI's employee count trend over the years:
Employee count trend for Vector AI
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Vector AI's Competitors and alternates

Top competitors of Vector AI include Kale Logistics Solutions, WiseTech Global and Magaya Corporation. Here is the list of Top 10 competitors of Vector AI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kale Logistics Solutions
Kale Logistics Solutions
2010, Thane (India), Series B
Provider of cloud-based platforms for logistics, ports, and trade facilitation
$40.1M
75/100
2nd
Logo for WiseTech Global
WiseTech Global
1994, Schaumburg (United States), Public
Provider of a cloud-based logistics software suite
$35M
72/100
3rd
Logo for Magaya Corporation
Magaya Corporation
2001, Miami (United States), Late Stage
Provider of cloud-based supply chain and logistics software for businesses
-
63/100
4th
Logo for Raft
Raft
2017, London (United Kingdom), Series B
Provider of an AI platform for supply chain management services
$30M
61/100
5th
Logo for RXO
RXO
1998, San Francisco (United States), Public
Cloud based platform providing freight forwarding solutions
-
-
60/100
6th
Logo for Senior Sistemas
Senior Sistemas
1988, Blumenau (Brazil), Unfunded
Provider of enterprise resource planning, supply chain, and human capital solutions
-
-
60/100
7th
Logo for Bearing.ai
Bearing.ai
2018, Palo Alto (United States), Series A
Provider of AI-powered platform for optimizing maritime shipping operations
$7M
57/100
8th
Logo for GoComet
GoComet
2016, Singapore (Singapore), Series A
AI-powered multimodal logistics platform for end-to-end supply chain digitization
$10.3M
56/100
9th
Logo for Ascent Global Logistics
Ascent Global Logistics
2017, Belleville (United States), Acquired
Cloud-based freight forwarding solutions
-
54/100
10th
Logo for DispatchTrack
DispatchTrack
2011, Saratoga (United States), Late Stage
AI-powered last mile delivery software optimizing logistics and customer experience
$144M
52/100
15th
Logo for Vector AI
Vector AI
2017, London (United Kingdom), Series A
AI & web-based automated freight forwarding and management solution for the logistics industry
$15M
60/100
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Vector AI's Investments and acquisitions

Vector AI has made no investments or acquisitions yet.

Reports related to Vector AI

Here is the latest report on Vector AI's sector:

News related to Vector AI

Media has covered Vector AI for a total of 2 events in the last 1 year.
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