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Wakeo

6 Rue Auber, Paris, Île-de-France, 75009, France

Overview

Wakeo provides a SaaS platform that delivers real-time visibility and algorithmic Estimated Time of Arrivals (ETAs) for intercontinental multimodal freight flows. Its platform helps supply chain teams anticipate disruptions, optimise transport plans, reduce emergency costs, and improve inventory management. Wakeo also measures transport emissions and helps organisations reduce their carbon footprint, aligning with the company’s sustainability focus. The company operates transport flows in over 180 countries. Founded in 2016 and based in Paris, Wakeo has grown its product and investor base while expanding internationally. Financially, the company has now raised over €30 million in total funding after its latest round. Wakeo provides real-time visibility for overseas transport via a platform that aggregates hundreds of global sources. The platform integrates data from shipping lines, airlines, carriers, ERP and TMS systems, satellites, terminals and IoT devices into a data engine powered by AI algorithms to produce intelligent ETAs and anticipate disruptions. Led by co-founder and CEO Julien Cote, Wakeo serves enterprise clients including Uniqlo, Faurecia, Air Liquide, B. Braun and Clasquin. The company raised $11M in a Series A to further invest in ETA calculation models, develop additional value-added features and accelerate international growth. The new financing brings Wakeo’s total funding to $13M following earlier investments from Techstars, 50 Partners and notable business angels, including the former CEO of Bolloré Logistics. Headquartered in Paris, Wakeo plans to expand its global footprint and product capabilities with the Series A proceeds.

Total raised
$31M
Funding rounds
2
Latest round
Equity
Latest activity
Dec 2023

Industries

  • Freight Service
  • Internet of Things
  • Logistics
  • Machine Learning
  • SaaS
  • Shipping
  • Supply Chain Management
  • Transportation
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Recent funding

  1. Equity

    Dec 2023

    $20M

  2. Series A

    Oct 2021

    $11M

Team