FreightPOP

FreightPOP

Cloud-based software for manufacturers, distributors, retailers, and 3PL's. Shop & Ship across LTL, FTL, Parcel, Intermodal, Air & Ocean. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
$24—36m (Dealroom.co estimates Jul 2021.)
Lake Forest Illinois (HQ)
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DateInvestorsAmountRound
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Seed

$6.0m

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Seed
Total Funding$6.0m

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FreightPOP is a transportation management system (TMS) designed to simplify logistics for businesses of all sizes. The platform offers powerful yet affordable enterprise features that help companies manage their shipping needs efficiently. FreightPOP serves a diverse range of clients, including manufacturers, retailers, and third-party logistics providers (3PLs), operating primarily in the logistics and supply chain market.

The business model is based on a subscription service, where clients pay for access to the platform's various features. These features include rate shopping across multiple carriers, centralized tracking, and automated invoice auditing, which can save clients up to 20% on freight spend. Additionally, FreightPOP provides seamless integrations with existing systems, allowing for easy roll-out and immediate use.

FreightPOP makes money through subscription fees and potentially through value-added services such as advanced analytics and premium support. The company continually evolves its platform, adding new features based on customer feedback to ensure it meets the ever-changing needs of its users.

Keywords: transportation management system, logistics, freight spend, rate shopping, centralized tracking, invoice auditing, seamless integrations, subscription service, supply chain, 3PL.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.