Startups Directory

Flexport is a full-service freight forwarder and cloud-based supply chain management platform that centralizes global logistics operations—from order to delivery—into a single dashboard. The platform provides AI-driven visibility across all shipments (air, ocean, truck, rail) regardless of carrier, reducing administrative overhead by up to 30% and improving on-time delivery rates. Flexport generates revenue through a freight forwarding model, buying space on transportation networks and marking up shipments for customers ranging from mid-market e-commerce brands to Fortune 500 enterprises. The company has raised $2.5B across 10 funding rounds and serves as a modernized alternative to traditional, fragmented logistics providers.

Convoy was a digital freight network that connected shippers with trucking carriers through automation, machine learning, and real-time data. The platform eliminated empty truck miles and inefficient appointment scheduling by enabling instant load matching between shippers and carriers. Operating a network of 400,000 trucks with GPS tracking on 95% of loads, Convoy served major enterprises including Home Depot, Procter & Gamble, and Unilever. The company ceased operations in November 2023, with its assets acquired by Flexport.

Forto is a digital freight forwarder and logistics management platform that consolidates ocean, air, and rail freight booking, shipment tracking, and logistics operations into a single interface. The platform addresses a critical supply chain pain point: companies currently spend up to 100 hours booking and managing shipments through fragmented email, phone, and fax communications. Forto serves 2,500+ customers across 50+ countries with real-time quotations, automated documentation, customs clearance, and proactive shipment alerts powered by analysis of 1.2M+ monthly data points.