Business, Forwarding, Freight News, IT, Logistics

Freightify secures funding

[ February 2, 2023   //   Chris Lewis ]

The Singapore-based Freightify rate management has secured $12m in Series A funding, led by Sequoia Capital India with participation from TMV and Alteria Capital, to further develop its suite of products for freight forwarders. Freightify provides rate automation solutions to digitize procurement, management and quotation processes and allows forwarders to create a digital storefront. It also includes track and trace solutions that give live location of vessels and automated milestones. The new funding round will help launch new functionalities, expand the sales presence and build channel partnerships.

Tags: Freightify