Shipitwise
closedFinancials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 |
---|---|---|---|---|
Revenues | - | <1m | <1m | <1m |
% growth | - | - | (25 %) | (100 %) |
Profit | (<1m) | <1m | (<1m) | (<1m) |
% profit margin | - | 70 % | (88 %) | (2976 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€30.0k | Seed | ||
€30.0k | Angel | ||
* | €180k Valuation: €2.7m | Seed | |
N/A | €180k | Early VC | |
N/A | €25.0k | Angel | |
Total Funding | CAD668k |
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EditShipitwise operates in the cargo transportation industry, offering a platform that connects businesses and individuals with suitable carriers for their shipping needs. The company aims to streamline the logistics process, making it simpler and more cost-effective for both shippers and carriers. Shipitwise serves a diverse range of clients, including small businesses, large enterprises, and individual customers who require reliable and efficient shipping solutions. The company operates in the global logistics market, leveraging technology to optimize routes, reduce costs, and improve delivery times.
Shipitwise's business model is based on a commission structure, where they earn a percentage of the shipping fees paid by clients. This model allows them to generate revenue while providing value-added services such as real-time tracking, insurance options, and customer support. By focusing on customer satisfaction and operational efficiency, Shipitwise aims to become a leading player in the cargo logistics industry.
Keywords: cargo logistics, shipping platform, cost-effective, efficient, global market, technology-driven, commission-based, real-time tracking, customer support, insurance options.