Shippeo provides real-time shipment tracking across all transport modes via its Real-Time Transportation Visibility Platform, integrating with over 228,000 carriers and 1,100 TMS, telematics and ELD systems. The platform uses machine learning to deliver precise ETAs, enables Transport Process Automation™, and helps customers reduce logistics-related carbon emissions by surfacing carbon-footprint trade-offs between modes and carriers. Shippeo is trusted by hundreds of customers and global brands across 150 countries, tracking more than 90 million shipments annually. The company has strategic partnerships with e2open, Google and SAP and reports significant North American momentum, including a 40% increase in customers, a 92% rise in shipments tracked, and 210% year-over-year revenue growth in the region. Shippeo plans to use new funding to accelerate expansion in North America and APAC, including recently launched tracking capabilities in Mainland China, and to enhance its platform's data quality and capabilities. With total funding now exceeding $140 million, CEO Pierre Khoury says the company has one of the strongest balance sheets in its category. Shippeo builds a real-time multimodal transportation visibility platform that integrates with more than 875 TMS, telematics and ELD systems to provide instant shipment tracking in a single portal. Its proprietary machine-learning algorithms deliver high ETA accuracy (recently boosted by 32%) and the product includes ocean tracking, enhanced rail visibility via a partnership with Everysens, and a carbon visibility dashboard for CO2 monitoring. Shippeo tracks more than 28 million shipments per year across 92 countries and maintains a carrier network of over 150,000, with a reported 94% customer recommendation rate. Over the past three years the company expanded from a regional to a global leader, growing subscription revenues 80% year-on-year, adding 150 enterprise customers, keeping churn below 4%, and tripling headcount to over 220 employees. The company is accelerating North American and Asia‑Pacific expansion, supported by partnerships such as the recently announced e2open collaboration and new strategic investors focused on APAC. Financially, Shippeo reports a lean approach to cash burn, a clear path to profitability, a company valuation that grew 70% in the last 12 months, and total investment to date of over $110 million following the latest round. Shippeo offers a software-as-a-service platform whose core is an API integrating with transportation management systems, telematics products, ERP and electronic logging device technologies to provide real-time location data, delivery tracking and a proprietary ETA algorithm. The platform helps customers identify end-to-end logistics inefficiencies to lower transportation costs, increase customer satisfaction and improve sustainability. Shippeo has more than doubled its subscription revenues year-on-year and expanded its customer base in 2020 to include major shippers and 4PLs such as Kuehne+Nagel, Total, Hager and Krone. In October the company acquired French firm oPhone, bringing additional retail and manufacturing customers into its community. The workforce has more than doubled in the last 12 months to 160 employees, with 45% in R&D. Shippeo plans to use new funding to strengthen its market-leading position in Europe and continue delivering on product innovation. Shippeo offers an AI-based platform that aggregates data from hundreds of sources in real time to calculate estimated time of arrival with 98% accuracy. The company provides predictive and real-time visibility into goods delivery for shippers and carriers. Since its founding in 2014, Shippeo has scaled operations, serving more than 50 large customers across 40 countries. The team has grown tenfold and now comprises 80 employees across seven offices in Europe. Over the last year Shippeo increased its turnover by 300%, positioning it among the fastest-growing startups in Europe. The company aims to become the global leader in a roughly $6 billion market and plans to use its platform to improve operational efficiency and visibility into sustainability impact for the transportation industry. Shippeo develops a supply-chain visibility platform that lets businesses track and monitor truck shipments in transit in real time, providing status, location and potential delay information. The software aims to increase transparency around deliveries and improve customer support. The company is Paris-based and currently serves 30 customers, with a goal to double that number within two years. Shippeo plans further expansion in the French market and to enter the German market in early 2018. The company intends to hire up to 40 new people and boost product development by implementing new interfaces to improve productivity. CEO Pierre Khoury said the new capital will allow accelerated international business development while maintaining strong R&D investments.

Total raised

$136M

Funding rounds

5

Latest round

Equity

Latest activity

Jan 2025