Starboard builds virtual infrastructure for global trade, offering an AI-based TMS and rate management system aimed at mid-sized freight forwarders. Its product suite includes the Starboard Control Tower, which streamlines shipment operations, and a real-time quoting tool that uses AI and machine learning to improve quoting accuracy and speed. The platform automates manual data entry, document generation, regulatory filings, invoice reconciliation, and vendor follow-ups, and the company says its AI can reduce operational expenses by up to 50%. Starboard has grown shipment counts and is planning to reach $2M ARR in 2025. With the new funding it will expand its engineering team in Toronto and accelerate AI-driven product development to simplify supply chain complexities. The team combines industry experience from companies including Flexport, Maersk, Google and Linkedin.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2024