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Xeneta - About the company
Xeneta is a series D company based in Oslo (Norway), founded in 2012. It operates as a Provider of a freight rate market management platform. Xeneta has raised $136M in funding from investors like Creandum, Investinor and Alliance Venture, with a current valuation of $*****. The company has 37 active competitors, including 3 funded and 7 that have exited. Its top competitors include companies like Cargofive, WebCargoNet and Wiremind.
Company Details
Xeneta provides a freight rate market management platform. It includes ocean and freight rate comparison, supplier negotiation, freight rate procurement, upload, benchmarking metrics, market intelligence and graphic visualization for freight spend analysis. It provides visibility into market freight rates so freight forwarders can procure the most competitive rates. It caters to suppliers, shippers, freight forwarders, carriers, and buyers. Its clients include Lenovo and L'Oreal.
- Website
- www.xeneta.com/
- Social
- Registered Address
- Bedford,New Hampshire
Key Metrics
Founded Year
2012
Location
Oslo, Norway
Stage
Series D
Total Funding
$136M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 13, 2022
Ranked
1st among 37 active competitors
Annual Revenue
$10M - $50M as on Dec 31, 2022
Employee Count
236 as on Jul 31, 2026
Investment & Acquisitions
Legal entities associated with Xeneta
Xeneta is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Xeneta AS CIN: 915736076 , Denmark, Active | Jul 02, 2015 | $10M - $50M (As on Dec 31, 2022) | 80 (As on Dec 31, 2020) | |
Xeneta GmbH CIN: HRB143324 , Germany, Active | Oct 10, 2016 | - | 21 (As on Dec 31, 2020) | |
XENETA, LLC CIN: 821102631 , United States, Active | Dec 31, 1999 | - | 9 (As on Dec 31, 2022) | - |
XENETA AS CIN: 915736076 , Norway, Active | Jul 02, 2015 | - | 126 (As on Dec 31, 2022) | |
Xeneta LLC CIN: 6363713 , United States, Active | Dec 31, 2011 | - | 5 (As on Dec 31, 2020) | - |
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Xeneta's funding and investors
Xeneta has raised a total funding of $136M over 7 rounds. Its first funding round was on Apr 11, 2013. Its latest funding round was a Series D round on Sep 13, 2022 for $*****. 5 investors participated in its latest round. Xeneta has 11 institutional investors.
Here is the list of recent funding rounds of Xeneta:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 13, 2022 | 4373910 | Series D | 2758570 | 9733289 | 3081066 | 8601765 |
Jun 18, 2021 | 7492846 | Series C | 9775186 | 2050474 | 1720044 | 2526514 |
Mar 13, 2019 | 9029882 | Series B | 5031257 | 5320773 |
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Xeneta's founders and board of directors
Founder? Claim ProfileXeneta's Board of Directors
Xeneta's board has 5 active members. Carl Jöran Fredrik Cassel, Bridget Augusta Shea, Jan Staffan Helgesson, John Clinton Hewett and Mark John Selwyn Beith are independent board members.Here is the list of Xeneta's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | - | |
aaqgogl | Independent board member | - | Current | 9y 3m |
bjsq{bp | Independent board member | - | Current | 2y 3m |
xfkggnk | Independent board member | - | Current | 4y 2m |
ojjdqfa | Independent board member | - | Current | 8y 3m |
Xeneta's employee count trend
Xeneta has 236 employees as of Jul 26. Here is Xeneta's employee count trend over the years:
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Xeneta's Competitors and alternates
Top competitors of Xeneta include Cargofive, WebCargoNet and Wiremind. Here is the list of Top 10 competitors of Xeneta, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a freight rate market management platform | $136M | 68/100 | ||
2nd | Cloud based automation and freight rate optimization software for freight forwarders | $4.75M | 53/100 | ||
3rd | WebCargoNet 2008, Barcelona (Spain), Acquired | Freight management tool for freight forwarders | - | - | 46/100 |
4th | Provider of software for optimizing capacity in transport, cargo, and entertainment | - | - | 46/100 | |
5th | Booking Air Freight 2018, Hong Kong (China), Seed | Online platform for booking air freights | $150K | 38/100 | |
6th | App-based platform offering real-time parking marketplace to consumers and businesses | $135K | 36/100 | ||
7th | Provides AI and web-based predictive analytics solutions for shipping companies | $120K | 32/100 | ||
8th | CargoSphere 1999, Chapel Hill (United States), Acquired | Cloud platform for ocean rate management, distribution, and collaboration | - | - | 32/100 |
9th | Air Freight Bazaar 2015, Chennai (India), Acquired | Online platform for air cargo tariff | - | - | 31/100 |
10th | Portrix Logistic Software 2010, Hamburg (Germany), Acquired | Software solutions for freight transportation | - | - | 31/100 |
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Xeneta's Investments and acquisitions
Xeneta has acquired eeSea. Xeneta has not made any investments as of now.Reports related to Xeneta
Here is the latest report on Xeneta's sector:
News related to Xeneta
Filter this listMedia has covered Xeneta for a total of 6 events in the last 1 year, 4 of them have been about company updates.
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Xeneta: Contract Timing To Outweigh External Shocks In 2026 Freight MarketsPortNews•Feb 19, 2026•Xeneta
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UAE tech funding climbs to $2 billion in first nine months of 2025, Tracxn report showsEconomy Middle East•Nov 25, 2025•Vista Global, XPANCEO, Tabby, Xeneta
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Xeneta Acquires Supply Chain Intelligence Company eeSeaGlobal Legal Chronicle•Sep 03, 2025•eeSea, Xeneta
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Xeneta acquires eeSea to expand container freight data capabilitiesSmart Maritime Network•Aug 18, 2025•eeSea, Xeneta, WiseTech Global, E2open
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Xeneta raises $80M to help shippers ‘rethink’ freight procurementFreightWaves•Sep 14, 2022•Xeneta, Apax, Apax Global Alpha
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Xeneta makes a splash with $80M on a $265M valuation to scale its crowdsourced sea and air freight analyticsTechCrunch+•Sep 13, 2022•Creandum, Xeneta, Prior, Apax and 3 others
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