Shippeo Series C Round, January 2025

Shippeo, a Paris-based company specializing in real-time multimodal transportation visibility, has announced the successful completion of a $30 million funding round. The round was led by Woven Capital, with participation from existing investors Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good, and Yamaha Motor Ventures. This funding brings Shippeo’s total raised to over $140 million.

The newly secured funding will support Shippeo’s expansion into North America and the Asia-Pacific (APAC) region. Additionally, the investment will drive further enhancements to its real-time transportation visibility platform, which enables shippers and logistics service providers to optimize supply chain operations.

Founded to address inefficiencies in transportation and logistics, Shippeo leverages real-time data to streamline processes, optimize costs, and improve customer experiences. The company’s platform integrates with over 228,000 carriers and 1,100 transportation management systems (TMS), telematics, and electronic logging device (ELD) systems. This extensive network provides users with instant access to tracking information for all modes of transportation.

A key feature of Shippeo’s platform is its use of machine learning algorithms to deliver highly accurate estimated times of arrival (ETAs) for shipments. This capability allows businesses to anticipate potential issues, manage exceptions proactively, and collaborate more effectively across the supply chain. By reducing inefficiencies, the platform also supports efforts to lower transport-related greenhouse gas emissions.

Pierre Khoury, CEO of Shippeo, emphasized the importance of real-time visibility in modern logistics. “Real-time multimodal transportation visibility is essential for building efficient, resilient, and sustainable supply chains. With this latest investment, we are well-positioned to accelerate our international growth and continue enhancing our platform to meet the needs of our global customer base.”

Shippeo’s platform is trusted by major global brands, including Ahold Delhaize, AkzoNobel, Amazon, Barilla, Coca-Cola HBC, Heineken, Kuehne+Nagel, L’Oréal, LVMH, Renault Group, and Saint-Gobain. These companies use Shippeo to track more than 90 million shipments annually across 150 countries, benefiting from improved operational efficiency and customer satisfaction.

The funding round reflects investor confidence in Shippeo’s vision and technology. Woven Capital’s involvement highlights the growing recognition of the importance of digital transformation in the logistics sector. The participation of longstanding investors underscores their continued belief in Shippeo’s potential to lead the market in transportation visibility solutions.

Shippeo’s ability to integrate with a wide array of systems and provide intuitive, real-time insights has positioned it as a leader in the logistics technology space. By addressing the challenges of supply chain complexity and inefficiency, the company is enabling businesses to adapt to changing demands and maintain competitive advantages.

As Shippeo expands its operations into North America and APAC, it aims to further strengthen its global presence and support a broader range of customers in optimizing their supply chains. With this latest funding, Shippeo is poised to continue its mission of transforming the logistics industry through advanced technology and real-time data insights.