39 Growing Logistics Companies & Startups (2024)
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The global supply chain market is projected to eclipse $30.9B by 2026, which is up over $15.3B from its worth in 2020.
We’ve prepared a list of 39 high-growth logistics startups digitizing the industry, along with funding and search interest data on each company.
1. Paack
5-year search growth: 900%
Search growth status: Exploding
Year founded: 2015
Location: Barcelona, Spain
Funding: $367.9M (Series Unkown)
What they do: Paack provides eCommerce delivery services. The company specializes in same and next day deliveries (with time slots selected by customers). Along with shipments of regular items, the startup also offers cold chain deliveries. The Spanish startup offers coverage in over 60 cities in Spain, Portugal, France, and the UK.
2. Shiprocket
5-year search growth: 1,038%
Search growth status: Exploding
Year founded: 2017
Location: New Delhi, India
Funding: $399.1M (Series E)
What they do: Shiprocket is an Indian ecommerce logistics company that offers a platform for businesses to manage their shipping and logistics needs. Its platform provides a range of tools and services for businesses, including shipping rate comparisons, label generation, and real-time tracking. Shiprocket's solutions aim to help businesses of all sizes to streamline their shipping processes and improve their customer experience.
3. Motive
5-year search growth: 99x+
Search growth status: Exploding
Year founded: 2013
Location: San Francisco, CA
Funding: $567.3M (Series F)
What they do: Motive, formerly known as KeepTruckin, is a startup that offers fleet management solutions. Their platform is designed to help trucking companies ensure driver safety, receive maintenance alerts, and stay ELD compliant. Furthermore, it also helps them streamline their workflows. It’s estimated that Motive earns up to $500M in revenue every year.
4. Cargo One
5-year search growth: 71%
Search growth status: Regular
Year founded: 2017
Location: Berlin, Germany
Funding: $63.8M (Series B)
What they do: Cargo.one operates an air freight booking platform. The company’s solution helps companies search for quotes, compare offerings across various airlines, and book quotes with instant confirmation. The startup works with more than 10 airlines, including Lufthansa Cargo and Etihad Cargo.
5. FourKites
5-year search growth: -6%
Search growth status: Regular
Year founded: 2014
Location: Chicago, IL
Funding: $241.5M (Corporate Round)
What they do: FourKites offers a supply chain platform with real-time visibility. Their product helps customers with shipment ETAs, temperature tracking, and supply chain data analysis. The startups boast having 9 out of the top 10 CPG companies (and 18 out of 20 leading food and beverage companies) among their customers.
6. AxleHire
5-year search growth: 225%
Search growth status: Regular
Year founded: 2015
Location: San Francisco, CA
Funding: $44.7M (Series Unknown)
What they do: AxleHire specializes in last-mile delivery solutions for eCommerce and retail clients. The company is noteworthy for its dynamic routing algorithm and resource allocation software. The SF-based startup rebranded to Jitsu in April 2024.
7. ShipHero
5-year search growth: 148%
Search growth status: Regular
Year founded: 2013
Location: Garnerville, New York
Funding: $60.4M (Series Unknown)
What they do: ShipHero is a warehouse and inventory management platform for ecommerce companies and 3PL providers. The startup stands out because their warehouse management system (WMS) directly integrates with online stores through Shopify, Woocommerce, etc. Since the company launched in 2013, they have worked with over 5,000 eCommerce brands and 3PLs.
8. Lalamove
5-year search growth: 234%
Search growth status: Exploding
Year founded: 2013
Location: Hong Kong, Hong Kong
Funding: $2.5B (Series F)
What they do: Lalamove offers on-demand van hailing and delivery services. The service operates seven days a week, 24 hours a day. Like a traditional ridesharing app, users can track vehicles in real-time and leave a rating after delivery.
9. Sennder
5-year search growth: 250%
Search growth status: Regular
Year founded: 2015
Location: Berlin, Germany
Funding: $340M (Series D)
What they do: Sennder is a digital freight forwarder operating in Europe. The company’s platform connects commercial shippers directly with road freight companies, helping to digitize the logistics process. Sennder’s features include tracking, price visibility, and custom reporting.
10. Flock Freight
5-year search growth: 2,400%
Search growth status: Peaked
Year founded: 2015
Location: Encinitas, CA
Funding: $399M (Series D)
What they do: Flock Freight is a logistics startup that specializes in shared truckload delivery. The company’s algorithms help bundle less-than-truckload (LTL) freight into multi-stop full truckloads. Flock Freight is a certified B Corporation and offsets carbon emissions. In Flock Freight's most recent funding round, Series D, the company managed to raise $215M and received a valuation of $1B.
11. GroundCloud
5-year search growth: 260%
Search growth status: Exploding
Year founded: 2016
Location: Minneapolis, Minnesota
Funding: Undisclosed
What they do: GroundCloud is a cloud-based logistics SaaS startup. Specifically, the platform allows enterprises to track their fleets, optimize routes, conduct compliance and safety training, and organize schedules. The system is currently used by over 10,000 companies. According to Pitchbook, the startup is looking to close a $500K funding round.
12. Cubyn
5-year search growth: 3%
Search growth status: Peaked
Year founded: 2014
Location: Paris, France
Funding: $79.4M (Series D)
What they do: Cubyn is a fulfillment provider for eCommerce retailers. The company provides end-to-end solutions, including inventory synchronization with eCommerce platforms, inventory management, and shipments. Following a recent funding round in March 2021, the French startup plans to expand the team and open a full “automated” facility in France.
13. Flowspace
5-year search growth: 67%
Search growth status: Regular
Year founded: 2017
Location: Los Angeles, CA
Funding: $46.5M (Series B)
What they do: Flowspace is a cloud-based fulfillment platform. Flowspace has integrations with major online retailers (including Shopify, Walmart, and Amazon). The company’s solutions include allowing customers to book warehouse storage and request inventory pickup. They also offer more involved services, like “kitting” (combining several items together into a single package) and labeling.
14. Schüttflix
5-year search growth: 6,400%
Search growth status: Regular
Year founded: 2018
Location: Gütersloh, Germany
Funding: $116.8M (Series A)
What they do: Schüttflix is an ordering and delivery platform for bulk construction material. The company’s service connects suppliers and truckers with customers in order to deliver goods to construction sites. Their mobile app includes a real-time tracking feature. In their most recent funding round, Schüttflix managed to raise $50M and the company plans to begin delivering internationally.
15. ClickShip
5-year search growth: 7,100%
Search growth status: Regular
Year founded: 2021
Location: Caledon, Canada
Funding: Undisclosed
What they do: ClickShip is an eCommerce shipping platform for online sellers. It offers order management tools, real-time shipping rates, automated fulfillment features, tracking and returns, and integration with Shopify, WooCommerce, and Wix to connect and manage your store in one place.
16. Nuvocargo
5-year search growth: 800%
Search growth status: Peaked
Year founded: 2019
Location: New York, NY
Funding: $74.4M (Series B)
What they do: Nuvocargo is a cross-border freight services provider. Company solutions include freight forwarding between Mexico, the US, and Canada, customs management, cargo insurance, and supply chain financing. More recently, Nuvocargo received $20.5M in funding led by Tiger Global Management and is now valued at $180M.
17. Huboo
5-year search growth: 444%
Search growth status: Exploding
Year founded: 2017
Location: Bristol, United Kingdom
Funding: $112.1M (Series Unknown)
What they do: Huboo provides fulfillment services for online retailers. In addition to order fulfillment, the startup also handles returns management on request. Huboo has integrations with major online sales channels (eBay, Amazon, and Shopify) in order to enable automatic inventory synchronization.
18. Seven Senders
5-year search growth: 32%
Search growth status: Regular
Year founded: 2014
Location: Berlin, Germany
Funding: $65.8M (Series C)
What they do: Seven Senders is a delivery platform for shipments within Europe. The company’s solutions help connect retailers with last-mile shipping companies within the EU. They also provide a tracking and reporting system designed to optimize shipping processes.
19. GoFor
5-year search growth: 6%
Search growth status: Regular
Year founded: 2016
Location: Ottawa, Canada
Funding: $24.7M (Series A)
What they do: GoFor operates a last-mile logistics platform for clients in the construction industry. GoFor’s services include on-demand same-day and scheduled deliveries across metro areas in the USA and Canada. The platform includes reporting and integration features with third-party systems.
20. FLEXE
5-year search growth: -5%
Search growth status: Peaked
Year founded: 2013
Location: Seattle, WA
Funding: $263M (Series D)
What they do: FLEXE operates a digital platform for on-demand warehousing and fulfillment. The company’s network includes more than 1,000 warehouses across the US. FLEXE allows users to manage inventory, track shipments, manage orders, and monitor operations. The Seattle- based startup serves customers looking for 3 primary use cases: eCommerce fulfillment, retail distribution, and inventory overflow.
21. Ninja Van
5-year search growth: 13%
Search growth status: Peaked
Year founded: 2014
Location: Singapore, Singapore
Funding: $974.5M (Series E)
What they do: Ninja Van provides shipping solutions for businesses in 7 countries in Southeast Asia. The company operates a network of physical locations and offers a last-mile courier service. Besides shipping and logistics features, the startup also has a cash-on-delivery service.
22. CargoX
5-year search growth: 128%
Search growth status: Regular
Year founded: 2013
Location: Sao Paulo, Brazil
Funding: $390.1M (Series F)
What they do: CargoX is a freight brokerage company that leverages machine learning and big data technology to connect shippers with carriers. Their platform is designed to allow customers to track, follow, and optimize their shipments. They also allow carriers to partner up with them to find new shippers. According to their website, they cover more than 466,000 miles every week to deliver shipments.
23. Cubbo
5-year search growth: 7,500%
Search growth status: Exploding
Year founded: 2020
Location: Bogotá, Colombia
Funding: $8M (Seed Round)
What they do: Cubbo is a Colombian e-commerce fulfillment startup that offers order management, order packing, shipment tracking, inventory management, and delivery. The startup partners with US-based e-commerce brands to offer direct-to-consumer shipping in Mexico and/or Brazil. The company has partnered with over 200 brands, including Dossier and Levi's.
24. DeliverThat
5-year search growth: 169%
Search growth status: Regular
Year founded: 2012
Location: Canton, Ohio
Funding: Undisclosed
What they do: DeliverThat is a last-mile catering delivery and setup company that offers catering and route-based food deliveries for gig workers. The startup has handled over $300 million in catering deliveries and has a network of 17,000 active drivers across all major cities in the United States.
25. Shippeo
5-year search growth: 13%
Search growth status: Peaked
Year founded: 2014
Location: Paris, France
Funding: $107.9M (Series C)
What they do: Shippeo is a technology company that delivers real-time supply chain visibility. Specifically, they offer multimodal transportation tracking and predictive visibility capabilities. These solutions are offered to enterprises that handle their own shipments, along with carriers. As of now, Shippeo is used by more than 140,000 carriers.
26. Mylerz
5-year search growth: 7,600%
Search growth status: Regular
Year founded: 2019
Location: Cairo, Egypt
Funding: $9.6M (Seed)
What they do: Mylerz is a logistics and e-commerce fulfillment company primarily handling last-mile parcel delivery. The startup aims to make delivery more environmentally friendly, only using eco-friendly compressed natural gas-powered vehicles in its fleet. The fulfillment startup can offer same-day and door-to-door delivery with 40+ local fulfillment hubs across Egypt, Algeria, Morocco, and Tunisia.
27. UniUni
5-year search growth: 3,233%
Search growth status: Exploding
Year founded: 2019
Location: Richmond, Canada
Funding: $105M (Series C)
What they do: UniUni is a gig-economy last-mile delivery and e-commerce fulfillment startup. The company uses a network of over 10,000 contract drivers across North America and plans to expand into 25 major US cities by the end of 2025. UniUni secured an additional $50 million in Series C funding to develop its logistics platform and network of sorting centers.
28. Loop
5-year search growth: 93%
Search growth status: Regular
Year founded: 2017
Location: Columbus, Ohio
Funding: $125.5M (Series B)
What they do: Loop is a returns management platform for ecommerce brands with more than 4,000 customers and 2+ million returns processed per month. The platform includes a returns portal, exchanges and refunds, carrier rate negotiation, and an advanced analytics dashboard. In June 2024, Loop announced a partnership with Happy Returns as their preferred returns portal partner for Shopify brands.
29. Airmee
5-year search growth: 338%
Search growth status: Exploding
Year founded: 2015
Location: Stockholm, Sweden
Funding: $41.2M (Series B)
What they do: Airmee is a logistics company specializing in urban deliveries. Its platform helps with scheduling deliveries and shipment time monitoring. The Swedish startup claims to have more than 100 businesses using its product.
30. ShipBob
5-year search growth: 54%
Search growth status: Regular
Year founded: 2014
Location: Chicago, Illinois
Funding: $330.5M (Series E)
What they do: ShipBob is an ecommerce company that offers a fulfillment platform for small and medium-sized businesses. Its platform provides end-to-end order fulfillment, including storage, shipping, and returns management, allowing businesses to focus on sales and growth. ShipBob also offers real-time inventory and shipping analytics, multiple fulfillment center locations, and integrations with major ecommerce platforms to help businesses streamline their fulfillment processes and improve their customers' experience.
31. Locus Robotics
5-year search growth: 63%
Search growth status: Regular
Year founded: 2014
Location: Wilmington, MA
Funding: $416M (Series F)
What they do: Locus Robotics manufactures autonomous robots for warehouses. Their solutions are catered to the 3PL, retail, industrial, and healthcare verticals. Locus Robotics claims that their autonomous solutions can result in a 2-3x growth in fulfillment productivity. Their clientele includes names like DHL, Radial, and Geodis.
32. Zipline
5-year search growth: 175%
Search growth status: Peaked
Year founded: 2011
Location: San Francisco, CA
Funding: $821M (Series F)
What they do: Zipline is a manufacturer of autonomous logistics drones. Their drones are designed to deliver packages to any location without accessibility issues. According to their website, Zipline has helped deliver more than 850,000 products.
33. Shadowfax
5-year search growth: 261%
Search growth status: Regular
Year founded: 2015
Location: Bangalore, India
Funding: $112.8M (Series E)
What they do: A third-party logistics company, Shadowfax offers a tech-enabled platform catered to different businesses. In addition to their 3PL services, they also offer assisted task management, hyperlocal deliveries, and forward and reverse logistics solutions. Over 7,000 delivery personnel currently work for Shadowfax.
34. GoShare
5-year search growth: 2,900%
Search growth status: Exploding
Year founded: 2013
Location: San Diego, California
Funding: $8M (Seed Round)
What they do: GoShare is an on-demand moving and last-mile delivery app that connects users with background-checked delivery professionals. Their nationwide network includes over 20,000 box trucks, cargo vans, pickup trucks, and sedans. GoShare has 4.8 out of 5.0 stars with over 10,600 reviews on the IOS app store.
35. Budbee
5-year search growth: 514%
Search growth status: Exploding
Year founded: 2015
Location: Stockholm, Sweden
Funding: $154.4M (Series Unknown)
What they do: Budbee provides last-mile logistics for eCommerce retailers. The startup places a strong focus on sustainability, with fossil fuel-free deliveries in select areas that are designed to offset the company’s carbon footprint. Budbee works with well-known brands like H&M, Zalando, and Asos. This growing logistics startup currently has delivery coverage in 4 countries and delivers more than 1 million parcels a month.
36. Loadsmart
5-year search growth: 74%
Search growth status: Peaked
Year founded: 2014
Location: Chicago, Illinois
Funding: $346.4M (Series D)
What they do: Loadsmart is a logistics startup that offers a digital freight management platform. The platform is designed to help shippers book, manage, and track shipments. And empower carriers to optimize their fleets. Loadsmart recently raised $90M in Series C funding from names like TFI International Inc., Maersk, and Perry Capital.
37. LogiNext
5-year search growth: 48%
Search growth status: Regular
Year founded: 2014
Location: Jersey City, NJ
Funding: $49.6M (Series B)
What they do: A logistics and field service management software tool, LogiNext delivers workforce optimization solutions to businesses. Their offerings include warehouse management, real-time data analytics, and asset tracking. They also offer solutions that help automate delivery logistics. Their platform is currently being used to track over 200 million data points across different industry verticals.
38. Kobo360
5-year search growth: 3,161%
Search growth status: Peaked
Year founded: 2017
Location: Lagos, Nigeria
Funding: $85.3M (Series B)
What they do: Offering solutions for end-to-end haulage, Kobo360 is a tech-empowered logistics platform based in Africa. The platform offers an ecosystem for shippers, carriers, and recipients, designed to help them carry out their operations. Kobo360 has supported more than 2,300 businesses with its platform so far.
39. LetsTransport
5-year search growth: -42%
Search growth status: Peaked
Year founded: 2015
Location: Bangalore, India
Funding: $49.6M (Series Unknown)
What they do: LetsTransport is a solutions provider that offers services for first-mile, mid-mile, and last-mile logistics. In addition, they also offer end-to-end delivery management and cold chain logistics services. LetsTransport has helped move 16,500+ tons of cargo. As of now, they’re available in over 13 cities across India.
Conclusion
That’s all for our list of 39 high-growth logistics startups.
With eCommerce spending on the rise, many logistics startups are starting to focus exclusively on online retailers in order to help them focus on product development, marketing, and customer service.
