How much funding has FreightHub raised?

FreightHub has raised $80.0M in total funding, most recently a Series B round.

Who are FreightHub's investors?

FreightHub's investors include Northzone, Cherry Ventures, Rider Global, Global Founders Capital, Cavalry Ventures, Signals Venture.

When was FreightHub founded?

FreightHub was founded in 2016.

Where is FreightHub headquartered?

FreightHub is headquartered in Berlin, Germany.

What industry is FreightHub in?

FreightHub operates in Logistics.

FreightHub

Forto | Global shipping made easy

Berlin, Germany · Founded 2016 · $80.0M raised

Logistics

Headquarters: Berlin
Founded: 2016
Business Model: B2B
Website: freighthub.com

Total Funding: $80.0M
Last Round: $30.0M Series BMar 2024
Rounds: 3

About

FreightHub was Europe's first fully digital freight forwarder, founded in Berlin in 2016 by Ferry Heilemann and Michael Wax. The company built a web-based platform offering real-time tracking, price transparency, and seamless booking for sea, air, and rail container shipping between Europe, Asia, and the United States — replacing the opaque, paper-based processes of traditional freight forwarding with a digital interface. FreightHub raised $50M+ in funding from investors including Northzone, Rider Global, and Mubadala before rebranding to Forto in April 2020 to reflect its expanded ambition beyond digital freight forwarding toward end-to-end supply chain digitization.

Summary

FreightHub is a Logistics company based in Berlin, Germany, founded in 2016. It has raised $80.0M in total across 3 rounds, most recently a $30.0M Series B round in Mar 2024. Investors include Northzone, Cherry Ventures and Rider Global.