Paris-based Shippeo offers a transportation visibility and supply chain optimization platform that provides solutions to improve the efficiency and visibility of freight and logistics operations. The platform enables shippers and carriers to track the real-time location and status of their shipments. It is also equipped with predictive analytics capabilities to enable its users to take proactive decisions in managing their transport and logistics operations.
As of October 2023, the company claimed that it tracked more than 32 million shipments per year across 110 countries. The company also reported that it connected with more than 200,000 carriers and covered 95% of the world's containers. The platform also connects shippers, carriers, and logistics providers and promotes collaboration in the logistics and transportation space to enhance efficiencies in the supply chains of automotive; building materials; consumer goods; food and beverage; manufacturing; oil, gas, and chemicals; and retail industries.
Key customers and partnerships
As of October 2023, The company’s customer portfolio included leading companies such as Ahold Delhaize, AkzoNobel, Amazon, Avery Dennison, Bosch Siemens Hausgeräte, Carrefour, Coca-Cola HBC, Jaguar Land Rover, and Heineken.
In August 2022, the company expanded its partnership with E2open to develop a unified global platform that will provide clients with advanced capabilities for native real-time transportation visibility (RTTV) and manage their supply chain operations across all transportation modes and geographies. The companies first entered into a partnership in December 2020 to enhance value for their clients through the interconnection of their networks.
Funding and financials
In October 2022, the company raised USD 40 million in a funding round, which saw the participation of existing investors including Battery Ventures, Partech, NGP Capital, ETF Partners, Bpifrance Digital Venture, and SAP.io, alongside LFX Venture Partners and Yamaha Motor Ventures who entered as new strategic investors. The company aimed to use the funding to expand its reach across North America and the Asia-Pacific regions.
In October 2022, the company reported that its subscription revenues had increased by 80% YoY and its enterprise-level customers increased by 150% in the previous three years.
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.