Tracxn - Logistics Tech Startup Landscape

Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Logistics Tech - Feb 2018
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
2
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Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
3
Feed Summary
Investment Trend Summary
Exit Outlook Summary
BlueBox
Summary of Key Markets
Notable Companies in the Sector
Recent News

Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on February 13, 2018.
Logistics Tech Feed Summary
4
Logistics Tech > Feed Summary
Tech companies providing or facilitating movement or storage of goods or offering software solutions for managing
logistics operations.
• Inclusions: Tech-first companies in Logistics providing
or enabling, matching of load and movement or storage of
goods (Local delivery services, Marketplaces). It also
includes companies offering technology solutions to
businesses for optimizing and managing overall logistics
activities. (Delivery Management software, TMS, WMS,
Analytics, etc).
• Exclusions: Traditional players like UPS, FedEx, DHL, etc
which were predominantly offline but are now have
incorporated technology in their business and other
offline players.
• Excludes funding information of Chinese companies
Feed in Numbers
Overview
$12.1B
Funding
44
Mega
Companies
9935999
FundedCovered on
Tracxn
5
Unicorns
56
Soonicorns
58
Minicorns
32
IPO’d Cos
333
Late Stage Cos
81
27
Acquisitions
635
DeadPooled
190
Acquihired
Series A+ Cos
Instacart
(2012, San Francisco, $875M)
UberEATS
(2014, Denver)
Deliveroo
(2013, London, $958M)
Top Companies

$325M $366M
$970M
$3.B
$1.7B
$3.1B
2012 2013 2014 2015 2016 2017
$ Funding # Rounds
346
524
809
1,466
915
203
2012 2013 2014 2015 2016 2017
Y-o-Y # of Companies Founded
Investment Trend Summary
Summary of Funding Activity in Logistics Tech
5
$421M - Series I
Delivery Hero (2011, Berlin, $1.8B)
$130M - Series C
Rappi (2015, Bogota, $192M)
$400M - Series D
Instacart (2012, San Francisco, $875M)
$127M - Series C
DoorDash (2013, Palo Alto, $187M)
$385M - Series F
Deliveroo (2013, London, $958M)
$110M - Series C
Flexport (2013, San Francisco, $204M)
$275M - Series E
$108M - Series E
Delhivery (2011, Delhi, $264M)
$140M - Series E
Postmates (2011, San Francisco, $280M)
$98M - Series F
Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend
Logistics Tech > Feed Summary > Investment Trend Summary
Seed SV Angel (#8), East Ventures (#5), Winklevoss Capital (#5)
Series A/B Sequoia Capital (#7), SAIF Partners (#6), Accel Partners (#5)
Series C+ Warburg Pincus (#4), KPCB (#3), DST Global (#2)
Incubators 500 Startups (#31) Y Combinator (#21) Techstars (#15)
Other Notable
Investors
Startupbootcamp (#13), FundersClub (#10), Wayra (#10)
Debt Investors
Western Technology Investment (#7), InnoVen Capital (#6),
Lighter Capital (#2)
Most Active InvestorsRecent Investments
71 115 180 315 253 211
$5.3B
$3.7B
$1.6B
$301M
$207M
US
Europe
India
SEA
Colombia
$ Funding

Summary of exit outlook in Logistics Tech
Exit Outlook Summary
66
Most Active AcquirersTop Investors in Exits
Menlo Ventures 3
Lytx (1998, San Diego, $153M)
Telenav (1999, Sunnyvale, $30M)
Fidelity Investments 2
WiseTech Global (1994, Sydney, $35M)
Insight Venture
Partners
2
Bregal Sagemount 2
Freightquote (1998, Kansas City)
Supply Chain
Venture
2
Kiva Systems (2003, North Reading, $16.6M)
Descartes (1981, Waterloo)
Nov 2016 Fleetmatics Acq by Verizon for $2.4B
Feb 2016 Lytx Acq by GTCR for $500M
Jan 2015 Freightquote Acq by C.H. Robinson for $365M
Sep 2014 XRS Corporation Acq by Omnitracs for $178M
Feb 2014 Transics Acq by Wabco for $151M
Aug 2012 TMW Systems Acq by Trimble Navigation for $335M
Mar 2012 Kiva Systems Acq by Amazon for $775M
Logistics Tech > Feed Summary > Exit Outlook Summary
Trimble
Navigation
2 TMW Systems (Aug 2012, $335M), PeopleNet (Aug 2011)
Descartes 2 MacroPoint (Aug 2017, $107M)
Amazon 1 Kiva Systems (Mar 2012, $775M)
Thoma Bravo 1 Roadnet (Dec 2010)
Francisco
Partners
1 Kewill (Jul 2012, $145M)
Recent IPOs Top Acquisitions
PUDO Jul 2015
Crowdsourced platform for customized onli…
IPO MCap: - Current MCap: -
Updater Jul 2015
America's address-change system
IPO MCap: - Current MCap: $3M
Quartix Nov 2014
Vehicle Fleet Tracking
IPO MCap: - Current MCap: $86.4M
GrubHub Apr 2014
Online and mobile food ordering platform
IPO MCap: - Current MCap: -
Delivery Hero Jun 2017
Online platform to order food for deliver…
IPO MCap: - Current MCap: $5.3B
Balyo Jun 2017
Mobile robotics for logistics
WiseTech Global Nov 2016
Cloud-based supply chain management solut…
Get Swift Sep 2016
Software helping businesses to manage las…

February 2018Tracxn BlueBox – Logistics Tech
5995+ companies in the sector, 672 funded in last 5 years, $4.8B invested in last 2 Years
Most Active Investors: 500 Startups, Y Combinator, Sequoia Capital, SV Angel, Techstars
PARCEL
Hyperlocal
$5.9B
Business Focussed
Deliv (2012, Menlo Park, $40M)
Consumer Focussed
Multi-Vertical
Postmates (2011, SF, $280M)
Grocery
Instacart (2012, SF, $4.2B)
Alcohol
Saucey (2013, Los Angeles, $10M)
Niche Products
Eaze (2013, SF, $52M)
Food
Deliveroo (2013, London, $957.6M)
Intercity
Courier Service Aggregators
Packlink (2011, Madrid, $24M)
P2P Shipping
Roadie (2014, Atlanta, $25M)
RELOCATION
Marketplace
Buzzmove (2013, London, $8M)
Booking Platform
Movinga (2015, Berlin, $65.8M)
$254M
FREIGHT $3.3B
OCEAN/AIR
Forwarding
Tech-enabled Freight
Forwarder
Flexport (2013, SF, $204M)
Listings
FreightEmpire (2013, Detroit)
Marketplace
Freightos (2012, Jerusalem, $50M)
Carrier Booking
Ocean
Inttra (2000, Parsippany, $40M)
Air
Cargobase
(2013, Singapore, $450K)
Multi Channel
CogoPort (2016, Mumbai, 903K)
Trucking
Short Haul
OnTruck (2016, Madrid, $12.2M)
Long Haul
Marketplace
BlackBuck (2015, Bangalore,
$100M)
Asset Heavy
Rivigo (2014, Gurgaon, $167M)
Software Solutions
Fleet Management
Route Optimization
Mapotempo (2012, Pau, $319K)
Analytics
Clear Metal (2015, SF, $12M)
TMS
Efreightsolutions (2005, Kennesaw,
$20M)
ECOMMERCE $1.7B
Shipping Solutions
Shyp (2013, San Francisco, $62M)
Delivery Services Access Point
Reverse Logistics
Optoro
(2010, Washington D.C., $119M)
Last Mile solutions
Ninja Van (2014, Singapore, $120M)
Fulfillment
Shipbob (2014, Chicago, $25M)
End to End
Delhivery (2011, Delhi, $264.3M)
Local Store
Kiala (2000, Brussels, $74.4M, Acq.)
Proxy Address
BoxKnight (2016, Montreal)
Peer to Peer
Koiki (2015, Madrid, $1M)
Locker
QikPod (2015, Bangalore, $9M)
WAREHOUSING $496M
Service Tech Solutions
Marketplace
Flexe (2013, Seattle, $21M)
WaaS
Flowspace (2016, Los Angeles,
$120K)
Robotics and Automation
Seegrid (2003, Pittsburgh, $65.5M)
WMS
Accellos
(2006, Colorado Springs, $51M)
Software Solutions
Delivery Management
Bringg (2013, Tel Aviv, $29.5M)
Tracking
Hypertrack (2015, Delhi, $8.5M)
Logistics Tech > Feed Summary > BlueBox
7
Funding data excludes Debt, Grants & Post-IPO rounds. Excludes all details for Chinese companies
For any Feedback and Query reach out to MyAnalyst@tracxn.com
Cumulative funding in the sector

Key Sub Sectors in Logistics Tech Sector
Summary of Key Markets
8
Other Notable Markets
# Cos on
Platform
Last 2 Years
$ Invested # Round
Freight > Trucking > Long Haul >
Booking Platform 32 $2.1M 2
Top Markets of Investment Activity
# Cos on
Platform
Last 2 Years
$ Invested # Round
Freight > Trucking > Long Haul >
Marketplace 370 $389M 43
Parcel > Hyperlocal > Consumer-Focused >
Food 311 $1.6B 24
Multi-Vertical 475 $361M 31
Grocery 109 $845M 21
Warehousing > Tech Solutions >
Robotics and Automation 85 $186M 20
Freight > Software Solutions >
Fleet Management 496 $103M 29
E-Commerce > Delivery Services >
End-to-End 49 $261M 14
Freight > Ocean/Air > Forwarding >
Tech Enabled Freight Forwarder 29 $206M 10
Parcel > Hyperlocal > Business Focused >
Multi-Vertical 243 $78.6M 19
Sub Sectors
# Cos
Tracked
#
Funded
Total
Funding
Parcel
Companies providing tech-enabled delivery services
or technology solutions for couriers,...
1974 314 $6.1B
Freight
Companies providing technology enabled services and
tools for freight industry
2752 438 $3.5B
E-Commerce
Companies providing technology enabled logistics
services or solutions focused on e-commerce...
818 160 $1.7B
Warehousing
Companies providing tech-enabled warehousing
services or solutions and tools to facilitate...
309 53 $496M
Relocation
Companies providing technology tools, software and
services to manage and assist in relocation...
144 28 $260M
Logistics Tech > Feed Summary > Summary of Key Markets

List of Notable Companies in Logistics Tech
Notable Companies in the Sector (1/2)
9
Note: *(Founded Year, Location, Total Funding)
Logistics Tech > Feed Summary > Notable Companies in the Sector
Public
Delivery Hero
(2011, Berlin, $1.8B)*
WiseTech Global
(1994, Sydney, $35M)
MiX Telematics
(1996, Midrand)
Stamps.com
(1996, El Segundo)
Telenav
(1999, Sunnyvale, $30M)
Ituran
(1994, Azor)
SPS Commerce
(1998, Minneapolis, $71M)
Balyo
(2005, Moissy-cramayel,
$10.7M)
Quartix
(2001, Newtown)
Get Swift
(2013, Melbourne, $675k)
Public
CrossLog
(2000, Paris)
Yojee
(2015, Singapore)
Updater
(2010, New York City, $10M)
ParcelPal
(1997, Vancouver)
GrubHub
(2004, Chicago, $84.1M)
urb.it
(2014, Stockholm, $7.2M)
MyFreightWorld
(1999, Overland Park, $2.9M)
Eroad
(2000, Auckland)
PUDO
(2015, Mississauga)
Workhorse Group
(2007, Cincinnati)
Public
Trakopolis
(2007, Calgary)
Trakm8
(2001, Shaftesbury)
Descartes
(1981, Waterloo)
Element Fleet
(2009, Sparks)
ID Systems
(1995, Hackensack)
Neopost
(1924, Bagneux)
Packcity
(1924, Bagneux)
Pointer Telocation
(1991, Rosh Haayin)
Russian Navigation
Technologies
(2005, Moscow)
Speed Commerce
(2000, Richardson)
Public
Transbotics Corp.
(1982, Charlotte)
TZ
(1986, Chicago)
Acquired
Fleetmatics
(2004, Waltham, $108M)
Kiva Systems
(2003, North Reading, $16.6M)
Lytx
(1998, San Diego, $153M)
Freightquote
(1998, Kansas City)
TMW Systems
(2010, Beachwood)
XRS Corporation
(1985, Eden Prairie, $39M)
Transics
(1991, Ypres, $61.4M)
Kewill
(1972, Manchester)
ParcelDirect
(2009, Cork)
MacroPoint
(2011, Cleveland, $44M)

List of Notable Companies in Logistics Tech
Notable Companies in the Sector (2/2)
10
Logistics Tech > Feed Summary > Notable Companies in the Sector
Unicorns
Deliveroo
(2013, London, $958M)
Instacart

List of Notable Companies by Market in Logistics Tech
Notable Companies by Market (1/11)
12
Logistics Tech > Feed Summary > Notable Companies by Market
Parcel
Hyperlocal
Online platform to order food for delivery from
partnered restaurants
Unicorn. Stage: Public
Naspers, Rocket Internet, Vostok New Ventures and
27 Other Investors
Unicorn. Stage: Series F
T. Rowe Price, Fidelity Investments, DST Global and
17 Other Investors
Marketplace for same-day grocery delivery
Unicorn. Stage: Series E
Coatue Management, Glade Brook Capital, Sequoia
Capital and 24 Other Investors
Hyperlocal
On Demand Delivery through Mobile App
Soonicorn. Stage: Series E
Founders Fund, Slow Ventures, Tiger Global
Management and 23 Other Investors
Swiggy (2014, Bangalore, $256M)
Online platform that delivers food from restaurants
Soonicorn. Stage: Series F
Naspers, Meituan, Accel Partners and 7 Other
Investors
On demand grocery delivery
Soonicorn. Stage: Series C
Andreessen Horowitz, Redpoint eventures,
Foundation Capital and 10 Other Investors
On-demand food delivery marketplace
Sequoia Capital, KPCB, Khosla Ventures and 9 Other
Investors
Hyperlocal
Grofers (2013, Delhi, $166M)
Online horizontal retailer and on-demand delivery
marketplace for groceries
Tiger Global Management, Sequoia Capital,
SoftBank Group
GrubHub (2004, Chicago, $84.1M)
Lightspeed Venture Partners, Benchmark Capital,
DAG Ventures and 9 Other Investors
Zipline (2014, San Francisco, $43M)
Delivery drones for medicine and vaccine delivery
Soonicorn. Stage: Series B
Visionnaire Ventures, Sequoia Capital, Andreessen
Horowitz and 14 Other Investors

13
Parcel
Hyperlocal
Deliv (2012, Menlo Park, $40.4M)
Crowdsourced Delivery Service for Retailers
Upfront Ventures, RPM Ventures, PivotNorth
Stuart (2015, Barcelona, $25M)
Same hour delivery service for businesses
Soonicorn. Stage: Acquired
GeoPost
Starship Technologies (2014, Tallinn, $17.2M)
Self-driving delivery robots
Soonicorn. Stage: Seed
Daimler, Shasta Ventures, Matrix Partners and 7
Other Investors
ZopNow (2011, Bangalore, $12M)
Online grocery platform with a three-hour delivery
promise
Soonicorn. Stage: Series A
Accel Partners, Qualcomm Ventures, Times Internet
and 2 Other Investors
Hyperlocal
urb.it (2014, Stockholm, $7.2M)
Local Shopping & courier service
Editor's Pick. Stage: Public
Zenith
ParcelPal (1997, Vancouver)
On demand delivery service for businesses
Stage: Public
Intercity
Online platform for crowdsourced door to door
shipping
TomorrowVentures, United Parcel Service,
Stephens and 1 Other Investors
ParcelDirect (2009, Cork)
Online courier marketplace and parcel consolidator
Stage: Acquired

14
Parcel
Software Solutions
LogiNext (2013, Mumbai, $10.5M)
Real-time asset tracking hardware and big data
analytics platform
Paytm, Abhishek Agarwal , Neeraj Goenka and 21
Other Investors
OnFleet (2012, San Francisco, $6.8M)
Delivery management system
Playfair Capital, Winklevoss Capital, StartX and 7
Other Investors
Get Swift (2013, Melbourne, $675k)
Software helping businesses to manage last mile
deliveries
IFM Investors, Regal Funds Management, BlueChilli
E-Commerce
Delivery Services
Logistics services for Indian eCommerce companies
Fosun, The Carlyle Group, Tiger Global
Management and 3 Other Investors
Ecom Express (2012, Delhi, $179M)
Logistics services and solutions for eCommerce
Warburg Pincus, Peepul Capital, Oliphans Capital
Optoro (2010, Washington D.C., $119M)
Asset recovery solutions
Soonicorn. Stage: Series D
United Parcel Service, KPCB, Revolution and 9
Other Investors
aCommerce (2013, Bangkok, $95M)
Ecommerce enabling suite provider
Blue Sky Alternative Investments, MDI Ventures,
DKSH and 14 Other Investors
Delivery Services
CyPhy Works (2008, Danvers, $32M)
Microfilament technology based secure multicopter
drones provider
Bessemer Venture Partners, Draper Nexus, General
Catalyst Partners and 6 Other Investors
CrossLog (2000, Paris)
E-commerce logistics service provider
Stage: Public

15
E-Commerce
Shipping Solutions
SPS Commerce (1998, Minneapolis, $71M)
Cloud-based software for omni channel retail
supply chain management
Stage: Public
CID Capital, Adams Street Partners, River Cities
Capital Funds and 3 Other Investors
Shyp (2013, San Francisco, $62.1M)
Marketplace for logistics vendors
KPCB, Homebrew, Sherpa Capital and 16 Other
Investors
Temando (2006, Brisbane, $56M)
Shipping and fulfillment software platform for
Commerce
Neopost, Ellerston Capital, Constant Innovation
Stamps.com (1996, El Segundo)
USPS Mailing and Shipping website
Soonicorn. Stage: Public
Aldrich Capital Partners, Bruggere Capital
Shipping Solutions
Neopost (1924, Bagneux)
Solution provider for mail, document and shipping
management
Stage: Public
BC Partners, Butler Capital Partners
Speed Commerce (2000, Richardson)
Technology and Service Solutions to retailers and
manufacturers
Stage: Public
Access Point
Kiala (2000, Brussels, $74.4M)
Alternative to traditional delivery
Scottish Equity Partners, HarbourVest Partners,
XAnge and 5 Other Investors
PUDO (2015, Mississauga)
Crowdsourced platform for customized online
deliveries
Packcity (1924, Bagneux)
Electronic locker network
Stage: Public
TZ (1986, Chicago)
Smart devices for access control and mechanical
securing
Stage: Public

16
Freight
Trucking
Tech-enabled logistics with a truck fleet of its own
Soonicorn. Stage: Series D
Warburg Pincus, SAIF Partners, Kotak Mahindra
Bank and 17 Other Investors
BlackBuck (2015, Bangalore, $100M)
Online portal for freight transport booking
InnoVen Capital, Accel Partners, Flipkart and 5
Other Investors
Convoy (2015, Seattle, $80.5M)
Local and regional trucking on demand
Y Combinator, Mosaic Ventures, Bezos Expeditions
Transfix (2012, New York City, $78M)
On demand load matching and booking platform
New Enterprise Associates, Canvas Ventures, Lerer
Hippeau Ventures and 6 Other Investors
Trucking
uShip (2004, Austin, $51.8M)
Global online logistics transport marketplace
DB Schenker, KPCB, Benchmark Capital and 2 Other
Investors
Trucker Path (2013, San Francisco, $21.5M)
Freight marketplace and assistance app for
truckers.
Silicon Valley Bank, Flexible Funding, Renren
Dolly (2014, Seattle, $9.7M)
App based marketplace for intracity moving
Maveron, Hyde Park Venture Partners, KGC Capital
Freightquote (1998, Kansas City)
Online freight forwarder for LTL shipments
Stage: Acquired
Great Hill Partners, Morgan Stanley, Menlo
Ventures and 2 Other Investors
Ocean/Air
Online freight forwarder
Founders Fund, DST Global, Susa Ventures and 24
Other Investors
Freight forwarding Marketplace
GE Ventures, MSR Capital, Aleph Venture Capital
Inttra (2000, Parsippany, $39.5M)
International cargo-booking portal
ABS Capital Partners
Haven (2014, San Francisco, $13.8M)
Marketplace for ocean freight
Spark Capital, Accelerate-IT Ventures, O'Reilly
AlphaTech Ventures and 7 Other Investors

17
Freight
Ocean/Air
iContainers (2007, Barcelona, $8.3M)
Online freight forwarder providing door to door
shipping
Serena Capital, Kibo Ventures, Vitamin K Venture
Software Solutions
G7 (2006, $190M)
Logistics fleet management and tracking tools
Bank of China Group Investment, GLP
INVESTMENTS LIMITED, CDB Capital and 2 Other
Investors
SmartDrive Systems (2004, San Diego, $180M)
Driver Risk Management Systems
Michelin North America Inc, New Enterprise
Associates, Wabco and 9 Other Investors
Driver risk management solutions
Volvo Group, Welsh Carson Anderson Stowe,
Leader Ventures and 8 Other Investors
Software Solutions
Telogis (2001, Aliso Viejo, $141M)
Connected vehicle technology
GM Ventures, Fontinalis Partners, KPCB and 2
Other Investors
Fleetmatics (2004, Waltham, $108M)
GPS Fleet and Field service management software
Unicorn. Stage: Acquired
New Amsterdam Growth Capital, Pritzker Group,
Investcorp and 1 Other Investors
Transics (1991, Ypres, $61.4M)
Fleet management solutions for the transport and
logistics sector.
Creafund, The Carlyle Group

18
Freight
Software Solutions
Automile (2013, Stockholm, $56.2M)
OBD-based device for fleet management & vehicle
tracking
Insight Venture Partners, SaaStr, Dawn Capital and
4 Other Investors
GlobalTranz (2003, Phoenix, $50M)
TMS for shippers
Providence Equity Partners, Susquehanna Growth
Equity, Volition Capital and 1 Other Investors
Zonar Systems (2001, Seattle, $50M)
Electronic fleet inspection and transportation
systems
Daimler Trucks North America
MacroPoint (2011, Cleveland, $44M)
Asset tracking and freight visibility solution
Susquehanna Growth Equity
Software Solutions
Roadnet (1983, Towson, $43M)
Fleet management solutions
Bregal Sagemount
XRS Corporation (1985, Eden Prairie, $39M)
Fleet management solutions focussed on regulatory
compliance
Technology Crossover Ventures, Trident Capital
WiseTech Global (1994, Sydney, $35M)
Cloud-based supply chain management solution
Soonicorn. Stage: Public
Fidelity Investments, Smallco, Greenstone Partners
Telenav (1999, Sunnyvale, $30M)
Mobile location-based services
Stage: Public
Menlo Ventures, IGlobe Partners, Sycamore
Software Solutions
Xeneta (2012, Oslo, $20.5M)
Crowdsourced price comparision platform for
containerized freight
Smedvig Capital, Alliance Venture, Creandum and 1
Other Investors
MyFreightWorld (1999, Overland Park, $2.9M)
Transport Management Systems
Stage: Public
Eroad (2000, Auckland)
Electronic logging solutions for commercial
trucking compliance
Yojee (2015, Singapore)
Cloud based fleet management system utilizing AI
and Blockchain
Ituran (1994, Azor)
Telematics solutions for logistics industry
Stage: Public

19
Freight
Software Solutions
MiX Telematics (1996, Midrand)
SaaS-based fleet and mobile asset management
solution
Stage: Public
Workhorse Group (2007, Cincinnati)
Electric powertrains and commercial vehicles;
drone-based deliveries
Stage: Public
Kodiak Capital, GVW Group
Trakopolis (2007, Calgary)
Online platform for interfacing mobile
communication and sensors of fleet
Stage: Public
Trakm8 (2001, Shaftesbury)
Vehicle Tracking and Fleet Management Solutions
Stage: Public
Software Solutions
Descartes (1981, Waterloo)
On demand Saas solutions for Logistics intensive
businesses
Stage: Public
Supply Chain Venture, Relay Ventures, Activate
Venture Partners
Element Fleet (2009, Sparks)
Fleet management and maintenance services
Stage: Public
ValueAct Capital
ID Systems (1995, Hackensack)
Tracking and managing industrial vehicles and
transportation assets.
Stage: Public
Kewill (1972, Manchester)
Multimodal transportation management systems
Stage: Acquired
Pointer Telocation (1991, Rosh Haayin)
Fleet management and analytics software
Stage: Public
Software Solutions
Quartix (2001, Newtown)
Vehicle Fleet Tracking
Stage: Public
Bank of Scotland
Russian Navigation Technologies (2005,
Moscow)
GPS/ GLONASS enabled tracking for fleet
management
Stage: Public
VTB Capital Investment Management, RVC USA
TMW Systems (2010, Beachwood)
Transport and fleet management software services
Stage: Acquired
Pamlico Capital

20
Warehousing
Service
Flexe (2013, Seattle, $20.6M)
On demand warehousing platform
Redpoint Ventures, Second Avenue Partners, SV
Angel and 2 Other Investors
Tech Solutions
Vision Guided Vehicles with auto-navigation
Giant Eagle, Innovation Works
Accellos (2006, Colorado Springs, $51.4M)
Cloud based WMS and TMS solutions
Accel-KKR, Monitor Clipper Partners, Centennial
Fetch Robotics (2014, San Jose, $48M)
Robots for logistics and light industrial markets
Sway Ventures, O'Reilly AlphaTech Ventures,
Shasta Ventures and 1 Other Investors
Bossa Nova Robotics (2005, Pittsburgh,
$41.7M)
Develops robots for retail stores
Intel Capital, Cota Capital, Paxion Capital Partners
Tech Solutions
GreyOrange (2011, Gurgaon, $38.6M)
Develops warehouse automation robots
Tiger Global Management, Blume Ventures, Silicon
Straits and 3 Other Investors
Kiva Systems (2003, North Reading, $16.6M)
Mobile-robotic fulfilment system
Stage: Acquired
Bain Capital Ventures, Meakem Becker Venture
Capital, Supply Chain Venture
Balyo (2005, Moissy-cramayel, $10.7M)
Mobile robotics for logistics
Seventure Partners, Bpifrance, Linde Material
Handling and 2 Other Investors
HighJump (1983, Minneapolis, $10M)
Supply chain execution software
Gemini Investors, Battery Ventures, Split Rock
Partners

21
Warehousing
Tech Solutions
Transbotics Corp. (1982, Charlotte)
Develops automated guided vehicles for industries
Stage: Public
Relocation
Booking Platform
Online platform for booking home removal service
providers
Rocket Internet, Earlybird Venture Capital, Global
Founders Capital and 5 Other Investors
Concierge
Updater (2010, New York City, $10M)
America's address-change system
Fidelity International, Commerce Ventures, IA

22
Relocation
SaaS
MOVE Guides (2011, London, $91M)
Talent Mobility and relocation management
New Enterprise Associates, Notion, Beacon Capital

List of Notable Companies in Logistics Tech in China
Notable Companies in the Sector in China
23
Logistics Tech > Feed Summary > Notable Companies in the Sector in China
Public
vTradEx
(2000, Shanghai, $13.5M)
Acquired
Baidu Waimai
(2011, Beijing, $250M)
E-Trans
(2003, Guangzhou, $20.3M)
Unicorns
Ele.me
(2008, Shanghai, $2.3B)
E-Shang
(2011, Shanghai, $850M)
Best Logistics
(2007, Hangzhou, $840M)
Cainiao Logistics
(2013, Hangzhou, $801M)
DadaApp
(2014, Shanghai, $450M)
Huimin
(2012, Beijing, $295M)
Baidu Waimai
(2011, Beijing, $250M)
Yunmanman
(2013, Shanghai, $235M)
Huochebang
(2011, Chengdu, $150M)
Gogovan
(2013, Hong Kong, $26.5M)
Soonicorns
Hive Box
(2015, Shenzhen, $764M)
Yunniao
(2014, Beijing, $210M)
Lalamove
(2013, Hong Kong, $170M)
Loji
(2014, Beijing, $124M)
Beequick
(2014, Beijing, $110M)
Shansong
(2013, Beijing, $107M)

Recent News in Logistics Tech Sector
Recent News
24
Logistics Tech > Feed Summary > Recent News
Feb 2018
Grocery delivery startup Instacart raises $200 million and prepares
to battle Amazon, Reuters
Feb 2018
CMS Transport Systems Expands Partnership with Progress, Sector
Publishing Intelligence
Feb 2018
Avis Budget Group Drives Forward Connected Car Innovation with
I.D. Systems Technology, GlobeNewswire
Feb 2018
Alibaba plans on integrating BigBasket & XpressBees with Paytm
Mall, Indiatimes
Feb 2018
Logistics start-up Cogoport in talks with Accel Partners to raise upto
RS50 crore, Livemint
Feb 2018 Descartes Acquires Aljex, EBN Online
Feb 2018
Deliveroo has no appetite for China’s ‘competitive’ food delivery
market, South China Morning Post
Feb 2018 Truck-Sharing App Truxx Heads StartupGrind Exhibition, eWEEK
Feb 2018 Ship-shape collaboration leads to new funding, Cambridge Network
Feb 2018 Yum! Brands prioritizes digital, delivery, MeatPoultry.com
Feb 2018
In-N-Out Files Lawsuit Against Food Delivery Startup DoorDash,
TechCrunch
Feb 2018
Why IoT startup MailHaven returned to Louisville after a Silicon
Valley stint, abskillz
Feb 2018 EasyParcel guns for more growth in the region, Digital News Asia
Key Recent News Key Recent News
Feb 2018
GreyOrange unleashes autonomous order fulfillment range at
LogiMat 2018, Enterprise It World
Feb 2018
Jugnoo Launches its Business Tools in The Auto Expo 2018, PR
Newswire
Feb 2018 EPS Predictions Review: GrubHub Inc. (GRUB), Click Lancashire
Feb 2018
GrubHub Drivers Ruled Contractors in Gig-Economy Milestone,
Bloomberg
Feb 2018
Indonesia's logistics startup Etobee raises $3.5 million in series A
funding round, TechNews Report
Feb 2018 KFC parent Yum posts profit, takes stake in GrubHub, Reuters
Feb 2018
TIV Signs Licensing Agreement for Navis N4 to Increase
Productivity and Lower Operating Costs, C Velocity
Feb 2018
Same-day delivery service Deliv launches Deliv Rx for same-day
prescriptions, TechCrunch
Feb 2018 New app FleetWave Forms launched by Chevin, Fleet News
Feb 2018
Twitter and GrubHub Soar During Another Day of Market Mayhem -
- ICYMI, The Street
Feb 2018 Uber Eats to enter Jaipur, Kochi, Business Standard
Feb 2018 Grubhub Reports Record Fourth Quarter Results, PR Newswire
Feb 2018
Parcel Pending Adds Prestigious Bell Partners to Growing Client
Roster , GlobeNewswire

Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
25
Funding Trends
Median Deal Size and Trend
New Entrants in Funding Club
Distribution of companies by Funding Range
Funding Funnel of the Sector
Top Investments and Investors
Investors in Unicorn club

Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
AI Infrastructure
Jan 2018
Healthcare IT
Jan 2018
FoodTech
Dec 2017

$183M $227M
$325M $366M
$970M
$3.0B
$1.7B
$3.1B
0
50
100
150
200
250
300
350
$0k
$500M
$1.B
$1.5B
$2.B
$2.5B
$3.B
$3.5B
2010 2011 2012 2013 2014 2015 2016 2017
$ Funding
3 Year CAGR
6 Year CAGR
Investments ($M) and number of rounds in Logistics Tech; 2011-2017
Global Funding Trends (1/2)
27
Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Logistics Tech > Investment Trends > Global Funding Trends
#Rounds
$Funding
45% $ Funding
66% $ Funding
46% # of Rounds
30% # of Rounds

$6M $12M $27M $41M $71M $106M $92M $101M
$45M
$63M $74M
$187M
$251M $1.B
$699M
$937M
$133M $151M $223M $138M $648M $1.8B $894M $2.1B
2010 2011 2012 2013 2014 2015 2016 2017
Seed Early Stage Late Stage
10 24 45 80 128 184 146 93
11
15
18
28 40
101 87
93
5 8 8 7 12 30 20 25
2010 2011 2012 2013 2014 2015 2016 2017
Seed Early Stage Late Stage
26
211
Total # of Rounds
$98M $120M $215M $177M
$692M
$2.3B
$1.1B
$2.5B
0
5
10
15
20
25
30
35
0
500000000
1E+09
1.5E+09
2E+09
2.5E+09
3E+09
2010 2011 2012 2013 2014 2015 2016 2017
$ Funding # of Rounds
28
Note: Mega Rounds = rounds with size > $20M. Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Stage-wise Number of RoundsStage-wise $ Invested
New Entrants in Funded ClubMega Rounds
Global Funding Trends (2/2)
Investments ($M) and number of rounds in Logistics Tech; 2011-2017
Logistics Tech > Investment Trends > Global Funding Trends
23
37
70
98
176
125
90 619
$1.5M
$1.5M
$0.0M
$0.5M
$1.0M
$1.5M
$2.0M
$2.5M
$3.0M
0
100
200
300
400
500
600
700
2001-2011 2012 2013 2014 2015 2016 2017 Total
Entrants in Funding Club Avg. Ticket Size
2 3 4 4 7 32 16 33 $1.5M $1.1M $1.2M $0.8M $1.6M $1.6M $2.4M $1.5M
$183M
$3.1B
Total $ Invested

Logistics Tech > Investment Trends > Funding Trends by Geography
Investments ($M) and number of rounds in Logistics Tech
Funding Trends by Geography
Funding Trends by Geography Top Cities of Funding
City $ Funding # Rounds
Bay Area 2.2B 140
Berlin 2B 39
London 1.2B 64
Delhi NCR 1B 82
Bangalore 492M 73
Trevose 340M 6
San Diego 340M 20
Seattle 252M 18
New York City 227M 40
Bogota 207M 8
Total Funding
601
314
220
68
9
30
18
41
# Rounds
$5.3B
$3.7B
$1.6B
$301M
$207M
$126M
$113M
$90M
US
Europe
India
SEA
Colombia
Australia
Israel
Latam
Note: Excludes funding information of China companies

Trend of Average Deal Size ($M)
$0.7
$0.9
$0.7 $0.7
$0.8 $0.9 $1.4
2011 2012 2013 2014 2015 2016 2017
$4.2 $4.2
$6.8
$5.3
$7.3
$5.8
$7.0
$5.9 $5.4
$9.8
$20.3 $21.6
$17.6
$20.5
$25.2
$44.6
$27.5
$108.0
$79.9
$55.9
$91.7
Logistics Tech > Investment Trends > Median Deal Size and Trend
Median and Average Deal Size in $M (per Stage) in Logistics Tech; 2011-2017
Median Deal Size and Trend
Note: Excludes funding information of Chinese companies. *Graph not to scale
Median Deal Size and Range
$5K* $11M
$50K $31M
$92K $80M
$50K $1B
$22M
$7M
$2.8M
$0.3M
Series C+
Series B
Series A
Seed
Stage

Note: 447 companies with undisclosed funding amount are not included
31
<$1M
$1-10M
$10-50M
$50-100M
$100M+
Funding Range
224
213
115
26
21
No. of Companies
Logistics Tech > Investment Trends > Distribution of companies by Funding Range
No. of companies by funding range in Logistics Tech; as of Feb 2018
Distribution of companies by Funding Range
$74M
$777M
$2.5B
$1.7B
$7.B
$ Investment

Stage No. of Companies
Funding
Funnel
100%
17%
6%
3%
1%
32
Note: Numbers in the brackets show the count of companies
Time to raise
next round
81
152
333
993
5999
Series C+
Series B
Series A
Funded
Founded
Next
Round
100M+
Valuation
Exits
Acqui-
Hired
Dead
Pooled
Others
17% 1%
(87)
1%
(42)
3%
(207)
11%
(635)
69%
(4164)
34% 8%
(81)
4%
(36)
10%
(101)
7%
(70)
49%
(489)
46% 18%
(59)
5%
(15)
15%
(49)
4%
(13)
36%
(119)
53% 33%
(50)
8%
(12)
16%
(24)
4%
(6)
27%
(41)
- 43%
(35)
14%
(11)
20%
(16)
1%
(1)
15%
(12)
Logistics Tech > Investment Trends > Funding Funnel
Number of companies progressing to subsequent funding stages in Logistics Tech
Funding Funnel
15 Months
14 Months
20 Months
Investment backedBootstrapped
56
5
26
27
1
5
Soonicorns
Unicorns
Acquisitions
IPOs

Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Logistics Tech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Logistics Tech; Feb 2016-Feb 2018
Notable Investments in last 24 months (1/12)
LATE STAGE
$421M - Series I May 2017
Naspers
$400M - Series D Mar 2017
Sequoia Capital, Wellcome Trust, Y Combinator,
Andreessen Horowitz, FundersClub, Khosla
Ventures, KPCB, Initialized Capital, Thrive Capital
$385M - Series F Sep 2017
T. Rowe Price, Fidelity Investments, General Catalyst
Partners, DST Global, Index Ventures, Accel Partners
LATE STAGE
$275M - Series E Aug 2016
Bridgepoint Capital, DST Global, General Catalyst
Partners, Greenoaks, Nokia Growth Partners
$200M - Series E Feb 2018
Coatue Management, Glade Brook Capital
$140M - Series E Oct 2016
On Demand Delivery through Mobile App
Founders Fund
$130M - Series C Jan 2018
LATE STAGE
$127M - Series C Mar 2016
Sequoia Capital, KPCB, Khosla Ventures, Y
Combinator, Wellcome Trust
$110M - Series C Sep 2017
Founders Fund, DST Global, Susa Ventures
$108M - Series E Apr 2017
The Carlyle Group, Tiger Global Management, Fosun
$100M - Series F Feb 2018
Naspers, Meituan

LATE STAGE
$98M - Series F Nov 2017
T. Rowe Price, Fidelity Investments, DST Global,
General Catalyst Partners, Index Ventures, Accel
Partners
NinjaVan (2014, Singapore, $120M)
Last-mile logistics for E-Commerce
DPD
$80M - Series E May 2017
Naspers, Accel Partners, SAIF Partners, Bessemer
Venture Partners, Harmony Partners, Norwest
Venture Partners
$75M - Series C Nov 2016
Warburg Pincus
LATE STAGE
$70M - Series E Dec 2017
G7 (2006, $190M)
Bank of China Group Investment, GLP
INVESTMENTS LIMITED
$70M - Series C Mar 2017
Accel Partners, Flipkart, Sanjiv Rangrass, Sands
Capital Ventures, IFC
$50M - Series D Dec 2017
Warburg Pincus, SAIF Partners
$49.6M - PE Aug 2016
ByBox (2000, Harwell, $49.7M)
Provides software and infrastructure solutions for
Supply Chain Management
LDC
LATE STAGE
$48M - Series C Jul 2017
Talent Mobility and relocation management
New Enterprise Associates, Notion
$45M - Series D Feb 2017
G7 (2006, $190M)
CDB Capital, GLP INVESTMENTS LIMITED
$45M - Series C Apr 2016
G7 (2006, $190M)
Tencent, Eastern Bell Venture Capital
$44M - PE Nov 2016
MacroPoint (2011, Cleveland, $44M)
Asset tracking and freight visibility solution
Susquehanna Growth Equity

LATE STAGE
$42M - Series C Jul 2017
Hippeau Ventures
$30M - Series E May 2017
Fosun, The Carlyle Group
Optoro (2010, Washington D.C., $119M)
Asset recovery solutions
United Parcel Service, KPCB, Revolution, Generation
Investment Management, SWaN & Legend Venture
Partners, Maryland Venture Fund
$30M - Series C Sep 2017
Ecom Express (2012, Delhi, $179M)
Logistics services and solutions for eCommerce
Warburg Pincus
LATE STAGE
$25M - Series C Feb 2017
DB Schenker
Bouqs (2012, Venice, $43.1M)
Online platform for flower delivery
Partech Ventures, NextEquity, Azure Capital
Partners, KEC Ventures, Quest Venture Partners,
Robert Herjavec, Tekton Ventures
$20M - Series C Nov 2017
CargoX (2015, Sao Paulo, $34M)
An online marketplace for booking truckload
carriers
Goldman Sachs, Qualcomm Ventures, Agility, Valor
Capital Group, Oscar Salazar
LATE STAGE
$18.2M - Series C Dec 2016
providers
Global Founders Capital, Earlybird Venture Capital,
STS Ventures, Dirk Markus
$15.8M - Series C Oct 2017
providers
Rocket Internet, Earlybird Venture Capital
$15M - Series D Sep 2016
Bessemer Venture Partners, Accel Partners, SAIF
Partners, Norwest Venture Partners, DST Global
$14M - Series C Apr 2016

LATE STAGE
$12M - Series C Aug 2016
Giant Eagle
$9.6M - Series C Feb 2018
Fareye (2013, Delhi, $13.7M)
Web-based last mile and first mile delivery
management software.
DPDHL Pressestelle
$7M - Series C May 2016
Norwest Venture Partners, Accel Partners, DST
Global
$6.7M - Series C Jun 2016
iContainers (2007, Barcelona, $8.3M)
Online freight forwarder providing door to door
shipping
Serena Capital, Kibo Ventures, Vitamin K Venture
Capital
LATE STAGE
$3.2M - Series C Nov 2017
Pacejet (2003, Ohio, $8.3M)
Shipping API for businesses
Series F Oct 2017
SmartDrive Systems (2004, San Diego, $180M)
Driver Risk Management Systems
Michelin North America Inc
Series C Mar 2016
Whole Foods Market
Series C Dec 2017
Pacejet (2003, Ohio, $8.3M)
Shipping API for businesses
Plymouth Growth Partners
EARLY STAGE
$65M - Series B Sep 2016
Founders Fund, Bloomberg Beta, Felicis Ventures,
First Round Capital, Susa Ventures
$65M - Series B Nov 2017
Blue Sky Alternative Investments, MDI Ventures,
DKSH, Emerald
$62M - Series B Jul 2017
Y Combinator, Mosaic Ventures, Bezos Expeditions,
Howard Behar
$52.8M - Series B Dec 2016

EARLY STAGE
$41M - Series B May 2017
Fetchr (2012, Dubai, $52M)
Courier delivery for retailers using customer's GPS
coordinates
New Enterprise Associates, Nokia Growth Partners,
Iliad Partners, BECO Capital, Venture Souq, MAJID
AL FUTTAIM, SWICORP, Kanoo, Raed VC
$35.2M - Series B Oct 2017
Glovo App (2014, Barcelona, $43.1M)
Local on demand courier service for parcel delivery
and retail shopping
Cathay Innovation, Seaya Ventures, Entree Capital,
Caixa Capital Risc, Bonsai Venture Capital, Rakuten
$35.2M - Series B Jan 2018
Xpressbees (2015, Pune, $47.6M)
E-Commerce logistics company
Alibaba Group
EARLY STAGE
$34M - Series B Oct 2017
tracking
Insight Venture Partners, SaaStr, Dawn Capital,
Point Nine Capital, Salesforce
$30M - Series B Apr 2016
NinjaVan (2014, Singapore, $120M)
Last-mile logistics for E-Commerce
The Abraaj Group, Monk's Hill Ventures, YJ Capital, B
Capital Group
$28M - Series B Feb 2016
Deliv (2012, Menlo Park, $40.4M)
Crowdsourced Delivery Service for Retailers
Upfront Ventures, RPM Ventures, PivotNorth
Capital, GGP, Macerich, Taubman, Westfield Corp,
United Parcel Service, Simon Ventures
EARLY STAGE
Eaze (2013, San Francisco, $52M)
On-demand medical marijuana delivery
Bailey Business Fund, DCM Ventures, Kaya Ventures,
FJ Labs
Quiqup (2014, London, $26M)
On-demand delivery service for anything
Transmed
$25M - Series B Mar 2017
Freight forwarding Marketplace
GE Ventures
$25M - Series B Dec 2017
Fetch Robotics (2014, San Jose, $48M)
Robots for logistics and light industrial markets
Sway Ventures, O'Reilly AlphaTech Ventures, Shasta
Ventures, SoftBank Group

EARLY STAGE
Visionnaire Ventures, Sequoia Capital, Andreessen
Horowitz, Subtraction Capital
Locus Robotics (2014, Massachusetts, $39M)
Warehouse fulfillment & automation through robots
Scale Venture Partners
$25M - Series A Mar 2017
Turvo (2014, Sunnyvale, $25M)
Online platform for managing shipping and logistics
operations
Activant Capital, Felicis Ventures, Upside
Partnership, Tony Fadell, Aaron Levie, Slow
Ventures
Hippeau Ventures, Corigin Ventures
EARLY STAGE
Favor (2013, Austin, $37M)
On demand delivery app
S3 Ventures
Cornershop (2015, Mexico City, $27.7M)
Mobile based app for ordering grocery from local
stores.
Accel Partners, Creandum, ALLVP, Jackson Square
Ventures
$21M - Series B Jan 2018
Next Trucking (2015, Los Angeles, $27.3M)
Connecting available truckers with shippers in real-
time.
Sequoia Capital
Shippo (2013, San Francisco, $29M)
API for international shipping
Bessemer Venture Partners, Union Square Ventures,
SoftTech VC, Version One Ventures, 500 Startups
EARLY STAGE
$20M - Series A Dec 2017
FreightHub (2016, Berlin, $23.4M)
Online freight forwarder services
Northzone, Global Founders Capital, Cherry
Ventures, Cavalry Ventures, A FAMIGLIA GMBH
KeepTruckin (2013, San Francisco, $28.3M)
Mobile Logbook for Drivers
Scale Venture Partners, Index Ventures, GV
$18M - Series A Apr 2016
Sequoia Capital, GV, SV Angel, Stanford University,
Subtraction Capital
$17.5M - Series B Nov 2017
$41.7M)
Intel Capital, Cota Capital, Paxion Capital Partners,
Walden Riverwood Ventures, Lucas Venture Group

EARLY STAGE
$17.5M - Series B Jun 2017
Shipbob (2014, Chicago, $24.6M)
App for On-demand packaging and delivery service
Hyde Park Venture Partners, FundersClub, Hyde
Park Angels, FJ Labs, Bain Capital Ventures
$16M - Series B Jun 2016
NetraDyne (2015, Bangalore, $16M)
Provides deep learning-based computer vision for
drone and automotive navigation
Reliance Industries
$16M - Series A Mar 2016
Greylock Partners
$15M - Series B Jun 2016
Online platform for crowdsourced door to door
shipping
TomorrowVentures, United Parcel Service,
Stephens, H. Barton Asset Management
EARLY STAGE
$14.5M - Series A Oct 2017
Deliveree (2015, Bangkok, $16.5M)
On demand logistics and transportation platform
Gobi Partners, Asia Summit Capital, Inspire
Ventures, PSA Unboxed
$14.3M - Series A Jul 2016
Flexe (2013, Seattle, $20.6M)
On demand warehousing platform
Redpoint Ventures
$41.7M)
Walden Riverwood Ventures
Eaze (2013, San Francisco, $52M)
On-demand medical marijuana delivery
Fresh VC, DCM Ventures, Tusk Ventures, Winklevoss
Capital, Rose Capital Advisors
EARLY STAGE
$13M - Series A Jan 2018
New York Shipping Exchange (2014, New
York City, $39M)
Online marketplace for ocean freight
GE Ventures, The Maersk Group, Hapag-Lloyd AG,
CMA CGM
$13M - Series A Aug 2017
York City, $39M)
GE Ventures, Goldman Sachs, Blumberg Capital, New
York Angels, On Grid Ventures
$12.4M - Series A Feb 2016
Xpressbees (2015, Pune, $47.6M)
E-Commerce logistics company
SAIF Partners, Vertex Ventures, New Enterprise
Associates, IDG Ventures India, One97 Mobility
Fund, Kris Gopalakrishnan

EARLY STAGE
$12M - Series B Feb 2017
Xeneta (2012, Oslo, $20.5M)
Crowdsourced price comparision platform for
containerized freight
Smedvig Capital, Alliance Venture, Creandum
Wolt (2014, Helsinki, $13.7M)
Food ordering and delivery service.
EQT Ventures
$11M - Series A May 2016
Haven (2014, San Francisco, $13.8M)
Marketplace for ocean freight
Spark Capital, Accelerate-IT Ventures, O'Reilly
AlphaTech Ventures, Data Collective, First Round
Capital
MDI Ventures, DKSH, Blue Sky Alternative
Investments
EARLY STAGE
Jinn (2013, London, $20M)
On-Demand Delivery App for anything
Samaipata Ventures, Elderstreet, Bull Partners
$10M - Series B Dec 2016
Shadowfax (2015, Gurgaon, $18.8M)
On-demand B2B focused delivery service
Eight Roads Ventures
Fleet (2014, California, $14M)
Online marketplace for international shipping
Lufthansa Cargo, United Parcel Service, UP2398,
1517 Fund
4Tigo (2015, Bangalore, $12M)
Online marketplace for truck bookings
Accel Partners, Nandan Nilekani
EARLY STAGE
Marketplace for trucks
Atomico, Idinvest Partners, Point Nine Capital,
Samaipata Ventures, La Famiglia
Andreessen Horowitz, Redpoint eventures,
Foundation Capital, Monashees+, Floodgate Fund, FJ
Labs, ZX Ventures, Burch Creative Capital
Mercadoni (2015, Bogota, $15.2M)
On demand grocery delivery from nearby stores
Movile, Axon Partners Group, Grupo Pegasus
$9M - Series A Sep 2017
Clear Metal (2015, San Francisco, $12M)
Analytics platform for container shipping industry
Prelude Ventures, Innovation Endeavors, New
Enterprise Associates, SAP.iO, PSA Unboxed

EARLY STAGE
$8.5M - Series B May 2017
DropOff (2014, Austin, $17.4M)
On Demand Courier Service
Fulcrum Equity Partners, Greycroft Partners,
Correlation Ventures
$8.5M - Series A Mar 2017
York City, $39M)
GE Ventures, Goldman Sachs, Blumberg Capital
$7.9M - Series A Jan 2018
Grabr (2015, San Francisco, $14.1M)
Peer-to-peer global shopping and delivery network
$7.5M - Series A Dec 2016
tracking
SaaStr, Dawn Capital, Point Nine Capital, Niklas
Zennstrom, Salesforce
EARLY STAGE
$7.5M - Series A Apr 2016
Jinn (2013, London, $20M)
On-Demand Delivery App for anything
Samaipata Ventures, Elderstreet, Bull Partners
$7.3M - Series A Jun 2017
CargoSense (2012, Reston, $7.3M)
A big-data and SaaS company foccusing over
optimization of logistics networks
IrishAngels, Middleburg Capital Development,
Center for Innovative Technology
$7M - Series A Sep 2016
Shippo (2013, San Francisco, $29M)
API for international shipping
Union Square Ventures, Version One Ventures,
SoftTech VC
tracking
SaaStr, Dawn Capital, Point Nine Capital
EARLY STAGE
Mercadoni (2015, Bogota, $15.2M)
On demand grocery delivery from nearby stores
Axon Partners Group, Grupo Pegasus
$5.6M - Series A Aug 2016
Glovo App (2014, Barcelona, $43.1M)
Local on demand courier service for parcel delivery
and retail shopping
Antai Venture Builder, Seaya Ventures, Entree
Capital, Caixa Capital Risc, Bonsai Venture Capital,
Keyword VC
$5M - Series A Aug 2016
Sendle (2014, Sydney, $6.8M)
Courier aggregator providing door to door delivery
service
Black Sheep Capital, NRMA, Rampersand, Full Circle
Venture Capital
$4.6M - Series A May 2016
Shipbob (2014, Chicago, $24.6M)
App for On-demand packaging and delivery service
Hyde Park Venture Partners

EARLY STAGE
$4.5M - Series A Aug 2017
York City, $39M)
Hapag-Lloyd AG, CMA CGM, GE Ventures, Goldman
Sachs
$4.5M - Series A Nov 2016
OnFleet (2012, San Francisco, $6.8M)
Delivery management system
LetsTransport (2015, Bangalore, $5.3M)
Online intra-city logistics provider
Neelesh Bhatnagar, Rebright Partners, GMO Venture
Partners
Fareye (2013, Delhi, $13.7M)
Web-based last mile and first mile delivery
management software.
SAIF Partners
EARLY STAGE
$3M - Series A Jul 2016
Grab (2012, Mumbai, $5.8M)
Online hyperlocal delivery service for restaurants
Aramex
$2.7M - Series B Dec 2016
Porter (2014, Bangalore, $12.5M)
Intra-city logistics and fleet management solutions
Kae Capital, Mahindra
$2.5M - Series B Jul 2016
Sequoia Capital
$2.5M - Series A Jan 2018
Mandae (2013, Sao Paulo, $7.5M)
Delivery services for online retail
IFC
EARLY STAGE
$2.5M - Series A Mar 2016
Mandae (2013, Sao Paulo, $7.5M)
Delivery services for online retail
Qualcomm Ventures, Monashees+, Valor Capital
Group, Kima Ventures
Freightera (2014, Vancouver, $2.2M)
Load matching and booking platform
Ted Snider, Robson Capital
$1.2M - Series B Aug 2017
Sequoia Capital, Kae Capital
Shipsy (2015, Gurgaon, $1.2M)
Analytics platform for enterprises in logistics sector
Series A Feb 2018
LetsTransport (2015, Bangalore, $5.3M)
Online intra-city logistics provider

SEED STAGE
$17.2M - Seed Jan 2017
Starship Technologies (2014, Tallinn, $17.2M)
Self-driving delivery robots
Daimler, Shasta Ventures, Matrix Partners, ZX
Ventures, Morpheus Ventures, Grishin Robotics,
Playfair Capital
$4M - Seed Apr 2016
Fleet (2014, California, $14M)
Online marketplace for international shipping
1517 Fund, LatAm Partners, GrowthX, NFQ,
Telegraph Hill Capital, Invariantes Fund, David S.
Hunt
$3.5M - Angel Aug 2016
$3.3M - Seed Mar 2016
Deliberry (2014, Barcelona, $3.3M)
Grocery delivery service
The Sputnik Group, ESADE BAN, The Crowd Angel
SEED STAGE
$3M - Seed Feb 2016
Clear Metal (2015, San Francisco, $12M)
Analytics platform for container shipping industry
New Enterprise Associates, Innovation Endeavors
$2.7M - Seed Jul 2017
SignalFire, Founders Fund, NFX Guild, Global
Founders Capital, Diana Moldavsky
$2.7M - Seed Oct 2016
Weengs (2015, London, $2.7M)
Online shipping marketplace
Cherry Ventures, Seedcamp, Venture Friends,
LocalGlobe
$2.2M - Seed Oct 2016
Marketplace for trucks
Samaipata Ventures, Point Nine Capital, LocalGlobe
$2M - Seed May 2016
WOW Express (2015, Mumbai, $2.7M)
Tech enabled logistics for e-commerce businesses
SEED STAGE
$1.3M - Seed Nov 2016
YourGrocer (2013, Brunswick, $2.4M)
Online grocery shopping and delivery
Tank Stream Ventures, Giant Leap Fund, Michael
Doubinski, Cyan Taeed, Collis Taeed, Michael
Rosenbaum
$1.1M - Seed Jul 2017
Foodout (2014, Vilnius, $1.1M)
Online platform to order food from restaurants
Chernovetskyi Investment Group
$1M - Seed May 2016
Wise Systems (2014, Cambridge, $1.1M)
Fleet management and analytics software
$569k - Seed May 2016
Trusk (2015, Paris, $569k)
On demand LCV booking platform
Kima Ventures
$500k - Angel Jun 2016
Sun Telematics (2013, Bangalore, $1M)
Fleet management and telematics solutions provider

SEED STAGE
$500k - Angel Mar 2016
Anil Jain
$385k - Seed Jan 2017
Ecomdash (2013, Charlotte, $2.1M)
Inventory management software for ecommerce
companies
$276k - Seed Dec 2017
companies
$150k - Seed Dec 2017
companies
$149k - Angel Mar 2016
WOW Express (2015, Mumbai, $2.7M)
Tech enabled logistics for e-commerce businesses
Vijay Mansukhani
SEED STAGE
$125k - Seed Jan 2017
companies
Charlotte Angel Fund
$120k - Seed Mar 2016
Y Combinator
Angel Jan 2017
Angel Aug 2016
ZappFresh (2015, Delhi, $300k)
Online fresh meat delivery service

Logistics Tech > Investment Trends > Notable Investments in last 24 months in China
Notable Investments in last 24 months in China
LATE STAGE
$1.2B - PE Apr 2016
Ele.me (2008, Shanghai, $2.3B)
Online ordering and delivery of food from
restaurants with its own logistics network
Alibaba Group, Ant Financial
$801M - PE Sep 2017
Cainiao Logistics (2013, Hangzhou, $801M)
Tech-enabled logistics provider in China
Alibaba Group
$760M - PE Sep 2016
Best Logistics (2007, Hangzhou, $840M)
Warehousing and distribution network
CITIC Private Equity Funds Management, Cainiao
Logistics, Cdb Investments, Fosun, Goldman Sachs,
CDH Investments
$360M - PE Jan 2017
Hive Box (2015, Shenzhen, $764M)
Locker network for e-commerce deliveries
CDH Investments, Eastern Bell Venture Capital,
China Developement Bank
LATE STAGE
$323M - PE Jan 2018
Hive Box (2015, Shenzhen, $764M)
Locker network for e-commerce deliveries
STO Express, SF Express, GLP, , HSBC
$120M - Series D Nov 2017
Yunmanman (2013, Shanghai, $235M)
Freight logistics marketplace
Yunmanman (2013, Shanghai, $235M)
Freight logistics marketplace
$100M - Series D Feb 2017
Yunniao (2014, Beijing, $210M)
O2O B2B intra city shipping
Warburg Pincus, GSR Ventures, Matrix Partners
China, WI Harper Group
$100M - Series C Oct 2017
Lalamove (2013, Hong Kong, $170M)
Uber for Vans in Hong Kong and Mainland China
Shunwei Capital
LATE STAGE
$50M - Series C Feb 2017
Shansong (2013, Beijing, $107M)
Intra-city concierge delivery
SIG China, Prometheus Capital
$49.8M - Series E Oct 2016
DadaApp (2014, Shanghai, $450M)
B2B hyperlocal delivery in China
Wal-Mart
$40.5M - Series C Aug 2016
ShanDianGou (2014, Hangzhou, $65.5M)
On-demand grocery delivery from local stores
Alibaba Group
$36.8M - Series C Mar 2017
Fuyoukache (2014, Nanjing, $85.7M)
Long distance freight logistics marketplace
Eastern Bell Venture Capital, GLP, AVIC Trust,
Legend Capital

Most Active Investors (VC, PE) by Stage in Logistics Tech; Last 5 years (Feb 2013-Feb 2018)
Most Active VC & PE Investors
46
Logistics Tech > Investment Trends > Most Active VC & PE Investors
SEED STAGE
SV Angel (8 Investments)
Flexport, BloomThat, Cargomatic
1
East Ventures(5 Investments)
Shippo, Airfrov, Kargo
2
Winklevoss Capital (5 Investments)
Caviar, Flexport, Cargomatic
3
Andreessen Horowitz (3 Investments)
Caviar, Weft, Dispatch
4
Accel Partners (3 Investments)
4Tigo, QikPod, Opinio
5
FJ Labs (3 Investments)
Homerlogistics, Restaurant Cheetah, SkipTheDishes
6
Matrix Partners (3 Investments)
Postmates, Starship Technologies, Doorman
7
Nexus Venture Partners (3 Investments)
Runnr, HubBox, GoPigeon
8
Right Side Capital Management(3
Investments)
WeDeliver, WorkHound, Trekkmoving
9
Seedcamp(3 Investments)
Weengs, Stowga, BunkerEx
10
EARLY STAGE
Sequoia Capital(7 Investments)
Instacart, DoorDash, Zipline
1
SAIF Partners(6 Investments)
Swiggy, Rivigo, Xpressbees
2
Accel Partners (5 Investments)
Deliveroo, Swiggy, Packlink
3
Beenext(4 Investments)
NuvoEx, PepperTap, HappyFresh
4
DN Capital(4 Investments)
ShipHawk, Move24, Cubyn
5
Eight Roads Ventures (4 Investments)
Packlink, Shadowfax, Openlogi
6
FJ Labs (4 Investments)
Rappi, Cargomatic, Eaze
7
Index Ventures(4 Investments)
Deliveroo, MetaPack, KeepTruckin
8
KPCB(4 Investments)
DoorDash, uShip
9
Tiger Global Management(4 Investments)
Caviar, Grofers, BlackBuck
10
LATE STAGE
Warburg Pincus (4 Investments)
Ecom Express, Rivigo, MercuryGate
1
KPCB(3 Investments)
Instacart, Telogis, Optoro
2
DST Global (2 Investments)
Deliveroo, Flexport
3
Naspers(2 Investments)
Delivery Hero, Swiggy
4
Bregal Sagemount(2 Investments)
Truckstop.com, Truckstop
5
Susquehanna Growth Equity (2
Investments)
GlobalTranz, MacroPoint
6
Tiger Global Management(2 Investments)
Postmates, Delhivery
7
360 Capital Partners
Balyo
8
Foursan Group
Nafith
9
Aslanoba Capital
Postmates
10

Logistics Tech > Investment Trends > Most Active Ecosystem Investors
Top Ecosystem Investors in Logistics Tech; Last 5 years (Feb 2013-Feb 2018)
Most Active Ecosystem Investors
INCUBATOR
500 Startups(31 Investments)
Shippo, Fetchr, Ordoro
1
Y Combinator(21 Investments)
DoorDash, Flexport, Rappi
2
Techstars(15 Investments)
Bellhops, Zipline, Convey
3
Start-Up Chile(7 Investments)
Shipit, Mienvío, Webcarga
4
Rocket Internet(6 Investments)
Delivery Hero, Movinga, Runnr
5
BlueChilli(4 Investments)
Get Swift, ShopWings, Zapala Go
6
Startup Sauna(4 Investments)
Sociotransit, Loadbro, Palleter
7
Entrepreneurs Roundtable
Accelerator(3 Investments)
Impaqd, CoLoadX, Sweetist
8
Flat6Labs Cairo(3 Investments)
Mshena, Vanoman, Zaagel
9
Rockstart(3 Investments)
Rutapro, Packpin, Packatch
10
OTHER NOTABLE INVESTORS
Startupbootcamp(13 Investments)
Buzzmove, SendCloud, Quicargo
1
FundersClub(10 Investments)
Instacart, Shippo, Flexport
2
Wayra(10 Investments)
Buzzmove, OrderLord, Purplu
3
Plug and Play Tech Center(8 Investments)
Shippo, Deliv, Bouqs
4
Kima Ventures(6 Investments)
Convargo, Mandae, Weft
5
United Parcel Service(6 Investments)
Optoro, Deliv, CyPhy Works
6
Asia Venture Group(4 Investments)
Movinga, HappyFresh, Returbo
7
Indian Angel Network(4 Investments)
Fareye, Quifers, TagBox
8
Singapore Angel Network(4 Investments)
LogiNext, BoxMySpace, Anchanto
9
Tech Coast Angels(4 Investments)
Bouqs, CaseStack, Parcelpending
10
DEBT INVESTORS
Western Technology Investment(7
Investments)
Shutl, Moveline, BloomThat
1
InnoVen Capital(6 Investments)
Swiggy, ZopNow, Xpressbees
2
Lighter Capital(2 Investments)
Lish, GPS Heroes
3
Oliphans Capital(2 Investments)
Ecom Express, Grab
4
Silicon Valley Bank(2 Investments)
Trucker Path, Project-44
5
Kreos Capital
Kiala
6
River SaaS Capital
Banyan Technology
7
Trifecta Capital
Rivigo
8

Logistics Tech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (1/8)

Logistics Tech > Investment Trends > Unicorn Investors in the Sector
Unicorn Investors in the Sector

Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
57
BlueBox
Key Sub Sectors
Detailed Sector Taxonomy
Top Markets of Investment Activity
Top Markets of Early Stage Investors
Market Deep Dive

Some more Sector Reports you might want to check out
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February 2018Tracxn BlueBox – Logistics Tech
Logistics Tech > Market Details > BlueBox
59

Key Sub Sectors
60
Key Sub Sectors in Logistics Tech
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
Parcel
Companies providing tech-enabled delivery services or technology solutions for couriers,
small packages, and documents including online courier booking...
Delivery Hero (2011, Berlin, Public)
1974 314 $6.1B
Freight
Companies providing technology enabled services and tools for freight industry
Airclic (2000, Trevose, Acquired)
2752 438 $3.5B
E-Commerce
Companies providing technology enabled logistics services or solutions focused on e-
commerce industry
Kiala (2000, Brussels, Acquired)
818 160 $1.7B
Warehousing
Companies providing tech-enabled warehousing services or solutions and tools to facilitate
warehousing operations
Kiva Systems (2003, North Reading,
Acquired)
309 53 $496M
Relocation
Companies providing technology tools, software and services to manage and assist in
relocation and removals process
Updater (2010, New York City, Public)
144 28 $260M
Logistics Tech > Market Details > Key Sub Sectors

Detailed Sector Taxonomy (1/8)
61
Logistics Tech > Market Details > Detailed Sector Taxonomy

62

63

64

65

66

67

68

Rank Market
Last 2 Years
$ Invested # Round Top Funded Company
1
(+4)
Freight > Trucking > Long Haul > Marketplace
Online marketplaces and bidding platforms for booking freight transport by road
(Companies covered 370 | Funded 61 | Total Funding $533M)
$389M
(+$293M)
43
(+12)
BlackBuck
(2015, Bangalore, $100M)
2
(-1)
Parcel > Hyperlocal > Consumer-Focused > Food
Consumer-focused companies providing food delivery service through online platforms
(Companies covered 311 | Funded 53 | Total Funding $3.5B)
$1.6B
(+$22.2M)
24
(-22)
Delivery Hero
(2011, Berlin, Public)
3
(-1)
Parcel > Hyperlocal > Consumer-Focused > Multi-Vertical
Companies providing delivery service for multiple verticals such as food and grocery
$361M
(+$168M)
31
(-13)
Postmates
4
(-1)
Parcel > Hyperlocal > Consumer-Focused > Grocery
Consumer-focused delivery companies providing grocery delivery through online platforms
$845M
(+$308M)
21
(-5)
Instacart
5
(+4)
Warehousing > Tech Solutions > Robotics and Automation
Companies providing technology solutions for automating single or multiple tasks of warehouse
operations such as picking and internal transport
$186M
(+$84.2M)
20
(+8)
Fetch Robotics
(2014, San Jose, $48M)
6
(-2)
Freight > Software Solutions > Fleet Management
Companies providing tools and software solutions for managing and monitoring fleets for carriers and
transporters
$103M
(-$53.5M)
29
(+5)
Automile
(2013, Stockholm, $56.2M)
7
(-)
E-Commerce > Delivery Services > End-to-End
Companies providing e-commerce focussed fulfillment services such as inventory management, order
processing and last mile delivery
$261M
(-$65.5M)
14
(+1)
Delhivery
(2011, Delhi, $264M)
69
Note: The numbers in the bracket represent the change in a 2 year period.
Top Markets of Investment Activity (1/3)
Top Markets by Funding in Logistics Tech in last 2 years (February 2016 - January 2018)
Logistics Tech > Market Details > Top Markets of Investment Activity

Rank Market # Investments Key Investments
1
Freight > Trucking > Long Haul > Marketplace
Online marketplaces and bidding platforms for booking freight transport by road
(Companies created 370 | Funded 61 | Total Funding $533M )
3
Next Trucking (2015, Los Angeles, $27.3M)
2
Parcel > Hyperlocal > Consumer-Focused > Multi-Vertical
Companies providing delivery service for multiple verticals such as food and grocery
2 Zipline (2014, San Francisco, $43M)
3
Parcel > Hyperlocal > Consumer-Focused > Grocery
Consumer-focused delivery companies providing grocery delivery through online platforms
(Companies created 109 | Funded 29 | Total Funding $1.4B )
2
Cornershop (2015, Mexico City, $27.7M)
4
E-Commerce > Shipping Solutions
Companies providing an online booking platform or API for businesses for package shipping through
parcel carriers
1 Shippo (2013, San Francisco, $29M)
5
Warehousing > Tech Solutions > Robotics and Automation
Companies providing technology solutions for automating single or multiple tasks of warehouse operations
such as picking and internal transport
1 Bossa Nova Robotics (2005, Pittsburgh,
$41.7M)
6
Warehousing > Service > Marketplace
Companies providing online platforms for connecting warehouse space owners and businesses who need
warehousing services
(Companies created 16 | Funded 4 | Total Funding $23.3M )
1 Flexe (2013, Seattle, $20.6M)
Note: Investors considered - Sequoia Capital, Accel Partners, Andreessen Horowitz, NEA, Greylock Partners, General Catalyst Partners, Benchmark Capital, KPCB, Khosla Ventures, Redpoint Ventures, Founders Fund, SV Angel, Index Ventures, Bessemer
Venture Partners, Lightspeed Venture Partners, Venrock, Draper Fisher Jurvetson, Institutional Venture Partners, Intel Capital, Battery Ventures
72
Top Markets of Early Stage Investors (1/2)
Top Markets where Early Stage Investors are investing in last 2 years (February 2016 - January 2018)
Logistics Tech > Market Details > Top Markets of Early Stage Investors

Top Markets of Early Stage Investors (2/2)
Logistics Tech > Market Details > Top Markets of Early Stage Investors

Rank Market
Last 2 Years
# of Comp Founded $ Invested # Round Top Funded Company
1
Freight > Trucking > Long Haul > Booking Platform
Online platforms for booking road freight transportation services
(Companies covered 32 | Funded 3 | Total Funding $2.1M)
13 $2.1M
(+$2.1M)
2
(+2)
Shipwell
(2016, Austin, $2.1M)
74
Other Notable Markets with high Entrepreneurial Activity in Logistics Tech in last 2 years (February 2016 - January 2018)
Logistics Tech > Market Details > Other Notable Markets

Incubators Y Combinator (#3), 500 Startups (#2)
Seed Startupbootcamp (#2), Bezos Expeditions (#1)
Series A/B KPCB (#2), Valor Capital Group (#2)
Series C+ DB Schenker (#1), Sands Capital Ventures (#1)
Trucker Path Dec - 2017
Acq by Renren
$21M - Series B
Next Trucking (2015, Los Angeles,
$27.3M)
$6.2M - Series A
Lori Systems (2016, Nairobi, $6.2M)
$3.6M - Series A
Fr8star (Oakland, $13.6M)
$4.9M - Seed
Overhaul (2016, Austin, $4.9M)
$20M - Series C
$1.7M - Series A
Giztix (2015, Bangkok, $1.7M)
$19M - Series A
Convargo (2016, Paris, $19M)
$1.1M - Seed
FreightTiger (2014, Mumbai, $1.1M)
$5M - Series A
Indriver (2012, Moscow, $5M)
$2.5M - Series A
Veritread (2012, Mulberry, $3.4M)
$1.3M - Seed
Synple (2015, Breda, $1.3M)
Feb 2018
LoadDelivered Gears Up for More Growth, Plans to Increase
Headcount by 50% in 2018, C Velocity
Jan 2018
NEXT Trucking Partners with Sequoia and Secures $21M to
Make a U-turn on Truck Driver Shortage with First Trucker-
centric Online Marketplace, GlobeNewswire
Jan 2018
uShip Names Kris Lamb New Chief Technology Officer,
Business Wire
Jan 2018 Uber Freight Eyed Logistics Startup Load Delivered, PYMNTS
Jan 2018
Daimler Trucks North America Goes Digital On Its Spot
Freight Deliveries, Marketwired
Jan 2018 Uber looked at buying a truck logistics company, Recode
Jan 2018
Precious Investments, Inc. (OTC Markets "PNIK"), completes
acquisition of American Freight Xchange, Inc., Press Release Jet
Jan 2018
Logistics platform Truxapp projects $1 billion revenue by
2022, Tahawul Tech
Dec 2017
Renren Announces Acquisition of U.S. Trucking Social
Platform Trucker Path Inc., PR Newswire
Dec 2017 Convoy Global : may initiate further legal actions, 4-Traders
Dec 2017 TruKKer Closes USD 1.4 Mn In Seed Round, amunicorns.com
Dec 2017
Logistics company BlackBuck sees losses grow five times in
FY17, Indiatimes
Dec 2017
Flipkart's Binny Bansal Steps Down As Director From
BlackBuck's Board , Venture Dreams
Dec 2017 InstaFreight Closes €8M Series A Funding Round, FinSMEs
Nov 2017
B2B logistics startup BlackBuck names former Souq exec
Dinesh Ajmera as CTO, VCCircle
News
0
5
10
15
20
25
$0k
$50M
$100M
$150M
$200M
$250M
$300M
$350M
2013 2014 2015 2016 2017
YoY Funding Rounds
2
5
23
61
370
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Freight > Trucking > Long Haul > Marketplace: Market Factsheet
Market: Marketplace
75
Exits
Most Active Investors
Recent Investments
YoY Funding and Rounds
Online marketplaces and bidding
platforms for booking freight
transport by road
BlackBuck
Convoy
(2015, Seattle, $80.5M)
Transfix
uShip
(2004, Austin, $51.8M)
CargoX
(2015, Sao Paulo, $34M)
Top Companies
#1 Top Markets of Investment Activity
Logistics Tech > Market Details > Market: Marketplace
Companies Created 370 | Funded 61 | Total Funding $533M

Freight > Trucking > Long Haul > Marketplace: Top Companies
Market: Marketplace (1/2)
Analyst’s Pick
InnoVen Capital, Accel Partners, Flipkart and 5
Other Investors
Y Combinator, Mosaic Ventures, Bezos Expeditions
Hippeau Ventures and 6 Other Investors
DB Schenker, KPCB, Benchmark Capital and 2 Other
Investors
Analyst’s Pick
An online marketplace for booking truckload
carriers
Editor's Pick. Stage: Series C
Goldman Sachs, Qualcomm Ventures, Agility and 4
Other Investors
Trucker Path (2013, San Francisco, $21.5M)
Freight marketplace and assistance app for
truckers.
Silicon Valley Bank, Flexible Funding, Renren
Convargo (2016, Paris, $19M)
Online shipper-carrier matching platform
Editor's Pick. Stage: Series A
InVenture Partners, Earlybird Venture Capital,
Kima Ventures
Fr8star (Oakland, $13.6M)
Online freight transport marketplace focused on
open deck loads
Sandhills, MAN Truck & Bus, Off the Grid Ventures
Analyst’s Pick
Cargo Chief (2011, Mountain View, $13.2M)
Online freight broker
Minicorn. Stage: Series A
Walden Venture Capital, Hunt Ventures, GrowthX,
The Angels’ Forum
4Tigo (2015, Bangalore, $12M)
Online marketplace for truck bookings
Minicorn. Stage: Series A
Accel Partners, Nandan Nilekani, Rakesh Malhotra
InstaFreight (2012, Berlin, $9.5M)
Freight marketplace for local deliveries
Rocket Internet
Open Mile (2010, Boston, $9M)
Mobile-based freight booking platform
Editor's Pick. Stage: Acquired
NXT Capital, Globespan Capital Partners, Charles
River Ventures

Freight > Trucking > Long Haul > Marketplace: Top Companies
Market: Marketplace (2/2)
Analyst’s Pick
FretLink (2015, Paris, $6.4M)
Online marketplace between shippers and truckers
Daphni, Elaia Partners, Breega Capital, Tekton
Ventures
Indriver (2012, Moscow, $5M)
Online marketplace for passenger and goods
transportation
Leta capital
Overhaul (2016, Austin, $4.9M)
Mobile-based freight marketplace for the trucking
industry
Editor's Pick. Stage: Seed
Abbey International Finance
Trux (2015, Delhi, $2.9M)
Mobile app connecting shippers to logistics service
providers.
Shop Direct, Triyasoft
Analyst’s Pick
FreightTiger (2014, Mumbai, $1.1M)
Online freight transport marketplace
Shriram Transport Finance, Anand Chandrasekaran
Dipper (2015, Delhi, $50k)
Online marketplace for freight transport
Aaho (2015, Mumbai)
Online aggregator of interstate trucks
Editor's Pick. Stage: Unfunded
BabaTrucks (2015, Mumbai)
Online marketplace for intercity freight transport
CamelPort (2015, Mumbai)
Tech enabled logistics marketplace for freight
transport
EasyGaadi (2015, Hyderabad)
Analyst’s Pick
GoBOLT (2015, Delhi)
Editor's Pick. Stage: Funded
BlackSoil
HavStruck (2016, Bangalore)
Online marketplace for intercity logistics
Idelivery (2015, Bangalore)
Trucks aggregator and logistic services provider
Shiply (2008, London)
The online transport marketplace
Todile (2015, Chennai)
Online platform for connecting freight truckers and
freight owners
Transkart (2015, Chennai)
Online freight transport marketplace

Note: Overall Rating is a combination of Funding and Team rating, along with Execution, Size and Growth metrics
78
Freight > Trucking > Long Haul > Marketplace: Leaderboard
Market: Marketplace
Better than Market Average
Overall
Rating
Company
Name
Foun
ded
Year
Location Stage Funding Team
Execution Quality Size Metrics 6M Growth Metrics
App
Rating
App
UX
Web
UX
News
Web
Traffic
Rank
Social
Follow
ing
Mobile
Downl
oads
# App
Revie
ws
Web Traffic
Rank
Mobile
Downloads
Social
Following
Δ % Δ % Δ %
5.0 Indriver 2012 Moscow Series A $5M - 5 4 3 1 5.1M 447 7.5M
124.6
k
- - 15k 14% 52 13%
5.0 Trucker Path 2013
San
Francisco
Acquired $22M - 5 - - 3 511k 1.8k 3.3M 44.3k -174k -26% 2.3k 6% 109 6%
5.0 Dipper 2015 Delhi Seed $50K - 5 - - - 950k 28 675 54 122k 13% 16 41% 2 7%
5.0 Gruzopoisk 2012 Moscow Unfunded - - 3 4 3 - 2.1M 186 30k 106 440k 30% 4 4% 1 1%
4.9 Next Trucking 2015 Los Angeles Series B $27M - 5 - - 1 2.4M 5.5k 30k 68 -1.5M -53% 14 28% 68 1%
4.9 Deliver 2015 Moscow Seed $8M - 3 3 3 1 1.7M - 31k 201 - - 40 26% - -
4.9 Chronotruck 2014
Aubergenvi
lle
Series A $4M - 5 - - 2 899k 232 3k 15 - - 1 7% 33 16%
4.9 uShip 2004 Austin Series C $52M - 4 - - 6 28k 9.2k 750k 3.4k 3k 10% 172 6% 156 2%
4.9
Transpportem
os
2014 Bogota Unfunded - - 4 3 4 - - 117 3k 16 - - 1 7% 8 7%
4.9 Convoy 2015 Seattle Series B $81M 4 4 - - 9 250k 1.5k 30k 82 50k 25% 27 48% -546 -27%
4.8 TruckPad 2014 Sao Paulo Funded - - 4 - - - 867k 286 750k 11.6k -191k -18% 164 1% 33 13%
4.8 Sontra Cargo 2013 Sao Paulo Series A $2M - 4 - - - 1.9M 203 300k 2.2k 468k 37% 150 7% 21 11%
4.8 GruzoVIG 2008 Moscow Unfunded - - 4 3 2 - 7.2M 118 60k 299 2M 24% 10 3% -4 -4%
4.8 Brasil Fretes 2015 Sao Paulo Unfunded - - 4 4 5 - 3.2M 183 75k 277 - - 54 24% - -
4.8 Transfix 2012
New York
City
Series C $78M - 3 - - 7 774k 704 30k 64 118k 18% 11 20% 54 8%

Incubators Y Combinator (#3), 500 Startups (#3)
Seed Pear Ventures (#1), Winklevoss Capital (#1)
Series A/B Accel Partners (#2), BDC Capital (#1)
Series C+ Naspers (#2), DST Global (#1)
Delivery Hero Jun - 2017
IPO'd
GrubHub Apr - 2014
IPO'd
Seamless Aug - 2013
Acq by GrubHub
$100M - Series F
$250k - Seed
FoodJets (2015, Sacramento, $250k)
$98M - Series F
$278k - Seed
Papu Kurier (2015, Poznan, $278k)
Seed
Moovenda (2015, Roma, $664k)
$385M - Series F
$10M - Series A
Foodee (2011, Vancouver, $20.5M)
$22M - Series B
$80M - Series E
$421M - Series I
Feb 2018
Deliveroo has no appetite for China’s ‘competitive’ food
delivery market, South China Morning Post
Feb 2018 Yum! Brands prioritizes digital, delivery, MeatPoultry.com
Feb 2018
In-N-Out Files Lawsuit Against Food Delivery Startup
DoorDash, TechCrunch
Feb 2018
EPS Predictions Review: GrubHub Inc. (GRUB), Click
Lancashire
Feb 2018
GrubHub Drivers Ruled Contractors in Gig-Economy
Milestone, Bloomberg
Feb 2018 KFC parent Yum posts profit, takes stake in GrubHub, Reuters
Feb 2018
Twitter and GrubHub Soar During Another Day of Market
Mayhem -- ICYMI, The Street
Feb 2018 Uber Eats to enter Jaipur, Kochi, Business Standard
Feb 2018 Grubhub Reports Record Fourth Quarter Results, PR Newswire
Feb 2018
UberEats has both Charleston fans and detractors three
months after launch, Post and Courier
Feb 2018
Deal to deliver KFC, Taco Bell nationwide sends stock of
Chicago-based Grubhub soaring, Chicago Tribune
Feb 2018
KFC and Taco Bell are rolling out delivery with a $200
million deal - and McDonald's should be terrified, Business
Insider
Feb 2018
Why GrubHub Is Thursday’s Biggest Earnings Winner and
More, 24/7 Wall St.
Feb 2018
Delivery Hero beats expectations with €544 million in
revenue for 2017, Tech.eu
News
0
5
10
15
20
25
30
$0k
$200M
$400M
$600M
$800M
$1.B
$1.2B
2013 2014 2015 2016 2017
YoY Funding Rounds
3
9
23
53
311
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Parcel > Hyperlocal > Consumer-Focused > Food: Market Factsheet
Market: Food
79
ExitsMost Active Investors
Recent Investments
YoY Funding and Rounds
Consumer-focused companies
providing food delivery service
through online platforms
Deliveroo
(2013, London, $958M)
Swiggy
DoorDash
(2013, Palo Alto, $187M)
Seamless
Favor
(2013, Austin, $37M)
Top Companies
Logistics Tech > Market Details > Market: Food
Companies Created 311 | Funded 53 | Total Funding $3.5B

Parcel > Hyperlocal > Consumer-Focused > Food: Top Companies
Market: Food (1/2)
Logistics Tech > Market Details > Market: Food
Analyst’s Pick
Naspers, Rocket Internet, Vostok New Ventures and
27 Other Investors
Unicorn. Stage: Series F
T. Rowe Price, Fidelity Investments, DST Global and
17 Other Investors
Naspers, Meituan, Accel Partners and 7 Other
Investors
Sequoia Capital, KPCB, Khosla Ventures and 9 Other
Investors
Analyst’s Pick
GrubHub (2004, Chicago, $84.1M)
Lightspeed Venture Partners, Benchmark Capital,
DAG Ventures and 9 Other Investors
On demand delivery app
Minicorn. Stage: Series B
S3 Ventures, Silverton Partners, Boost VC and 2
Other Investors
Foodee (2011, Vancouver, $20.5M)
Group Food Delivery Ordering for Offices
BDC Capital, Kensington Capital Partners, Yaletown
Partners and 6 Other Investors
Take Eat Easy (2013, Brussels, $17.8M)
On demand delivery from restaurants
Editor's Pick. Stage: Series B
Eight Roads Ventures, Rocket Internet, DN Capital
Analyst’s Pick
Caviar (2012, San Francisco, $15M)
Online food ordering services from local eateries
Tiger Global Management, Andreessen Horowitz,
Mixt and 6 Other Investors
Wolt (2014, Helsinki, $13.7M)
Food ordering and delivery service.
Minicorn. Stage: Series B
EQT Ventures, Inventure, Lifeline Ventures
OrderAhead (2011, San Francisco, $10.5M)
Mobile based free pick up service
Sherpa Ventures, Matrix Partners, Menlo Ventures
Waitr (2013, Lake Charles, $10M)
Online platform for food ordering and delivery

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