The 3-year old startup is moving fast. It has over 5,000 registered business freight shippers and the best lane coverage and rates in Canada and the United States. Over 9 billion automated rate quotes in Freightera’s inventory connect 23,000 communities. Freightera started in Canada and cross-border US-Canada transport and is rapidly expanding in the United States.
Among other recent achievements, in its Silicon Valley debut, Freightera won placement in Plug and Play Ventures’ Supply Chain and Logistics Accelerator. The program was initiated by Plug and Play at the request of their corporate partners to meet the need for innovation and cost optimization in the sector. Partners and attendees on the finalist selection day included senior executives from Walmart, BASF, Maersk, CMA CGM, Union Pacific, Honeywell, Prologis, USPS, DHL, Deutsche Bahn, DB Schenker, Ericsson, Nestle, Panasonic, Colgate-Palmolive, Deutsche Bank, Munich Re, Sony, PSA International, IBM, PepsiCo, Goodyear, Sherwin-Williams, and Daimler.
Freightera’s goal is to create a single, unified global marketplace for freight, reducing shipping costs while at the same time significantly decreasing air pollution through optimization and new technologies. This redesign will help Freightera to open container shipping and other modes of transport in the near future.
Freightera is creating a unified global marketplace for freight transportation. Starting in North America, Freightera is automating freight transportation and increasing operating margins for carriers and businesses shipping freight. Freightera creates partnerships and systems and promotes new technologies that allow business to find the best price and lowest emission transportation options. Over 5,000 manufacturers, distributors, wholesalers and retailers in the US and Canada use Freightera for 24/7 online access to billions of all-inclusive freight rates and instant freight booking. For more information, see www.freightera.com.
Phone: (800) 886-4870
About Plug and Play
Plug and Play is a global innovation platform. We connect startups to corporations and invest in more than 150 companies every year. Since inception in 2006, our programs have expanded worldwide to include a presence in 22 locations globally, giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 180 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs, and host more than 365 networking events per year. Companies in our community have raised over $6 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information, visit www.plugandplaytechcenter.com
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