Shippeo Recognized in the 2023 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms
Shippeo has experienced significant recognition and growth. The company received a high customer satisfaction rating and raised a record-breaking $50 million in fundraising, enabling accelerated expansion in North America and APAC.
Existing investors taking part included Battery Ventures, Partech, NGP Capital, ETF Partners, Bpifrance Digital Venture and SAP.io and new strategic investors include Hong Kong-based LFX Venture Partners and Japan-based Yamaha Motor Ventures, as well as Orlen VC, based in Poland, and Shift4good, a global VC fund dedicated to impact investing in smart and sustainable mobility businesses.
Shippeo’s attracts investment from Shift4Good, an impact investment funds interested by Shippeo’s potential to positively impact the transportation and logistics sector through its carbon emissions calculator:
“The emissions calculator, now generally available to all customers, combines Shippeo’s advanced visibility data capabilities with cutting edge data modeling from industry expert Searoutes, to provide extremely accurate transport and distribution GHG (CO2e) emissions reporting. The tool offers users GLEC-accredited CO2 equivalent emissions calculations, without the need to manually consolidate data supplied by carriers.” Read full article here