Shipwell

Shipwell is a leading provider of cloud-based transportation management, visibility, and freight procurement solutions. Its platform combines a transportation management system (TMS), real-time visibility, and data analytics powered by artificial intelligence. Shipwell's solution streamlines the shipping process, enabling shippers to reduce costs, improve efficiency, and optimize operations.

The Shipwell TMS platform allows shippers to manage their entire supply chain process seamlessly. It provides integrated planning, freight audit and payment, and robust analytics, while seamlessly connecting shippers' teams, systems, and logistics operations. The platform leverages machine learning for accurate estimated time of arrival (ETA) predictions, factoring in weather and traffic conditions along the shipment route.

In 2022, Shipwell reported a 3.5x increase in year-over-year revenue for its SaaS platform business, with a net revenue retention rate of 139% and a customer logo retention rate of 96%. The company has continuously enhanced its platform, introducing features like native load optimization, RFP automation, financial settlement, multi-mode support, and dock appointment scheduling.