Freightify
- Company typePrivate
- Founded2018
- HeadquartersSingapore, Singapore
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
Freightify firmographics
Firmographics- Name
- Freightify
- Legal name
- Freightify Technologies Pte. Ltd
- Website
- https://freightify.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Freightify industry classification
Industry- Product category
- Freight Rate Management Software
- NAICS
- Freight Transportation Arrangement (488510)
- SIC
- Arrangement Of Transportation Of Freight & Cargo (4731)
- akta.pro primary industry
- Rate Data Management & Master Data (Rate Cards, Fuel Surcharges, DIM/FAK Rules) (TLAEAIAF)
Keywords
Where Freightify is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Freightify business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Platform Subscription: Subscription-based SaaS platform for freight rate management. Fees are charged per project or as recurring subscription. Prices are subject to annual increase of 5% as stated in Terms of Service. Payment accepted in USD, Euro, or INR.
- Professional Services: Professional services including implementation, configuration, data review, and consulting. Charged either on time & material basis or as pre-defined fixed price. Hourly rates apply with minimum billing unit of one quarter hour.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | SaaS Platform Subscription with Annual Price Escalation |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Freightify product offering
Product offeringCore offering
Freightify provides an AI-powered rate management platform for freight forwarders that centralizes rate procurement, rate administration, and quotation operations across ocean and air freight. The platform ingests carrier rate sheets in any format, applies margin governance, and distributes real-time rates across offices, agents, and customers. It integrates with 30+ ocean carriers and NVOCCs, 90+ airlines, and native connectors to CargoWise and TMS/ERP systems.
Product overview
Freightify offers a modular platform-plus-products architecture centered on its Core Platform, which provides end-to-end freight rate management capabilities. The Core Platform consists of integrated modules: Rate Procurement for accessing rates from all sources, Rate Management for storing and managing rates with automated margin rules, Quotation for generating quotes in under 30 seconds (powered by AI via QuoteAI), Customer Portal for branded customer-facing interfaces, Track and Trace for shipment visibility, Analytics for business metrics monitoring, and Contract Reader for processing carrier contracts. The LINK API enables third-party integrations with real-time carrier rate and schedule data. The recently launched RateOS represents the next-generation AI-powered evolution of the rate management system, built on 100,000+ real carrier rate sheets and combining AI, automation, and operational expertise. Additional tools include ROI Calculator and Container Shipping Rate Calculator. The platform integrates with CargoWise and supports connections to TMS/ERP systems.
Differentiator
Problem solved
Functional benefit
Brands
- RateOS: AI-powered rate management platform that fuses AI, automation and operational expertise for rate digitalization. Built on 100,000+ real carrier rate sheets.
- LINK API
- QuoteAI
- Contract Reader
Products and services
- Core Platform End-to-end freight rate management platform for freight forwarders providing single-view access to rates from all sources in a uniform standardized format, with modules for rate procurement, rate management, quotation, customer portal, track and trace, analytics, and contract reading. Integrates with CargoWise, TMS/ERP systems, 30+ ocean carriers and NVOCCs, and 90+ airlines.
- RateOS AI-powered rate management platform built on 100,000+ real carrier rate sheets that combines AI, automation, and operational expertise for rate ingestion in any carrier format, margin governance built into rates, and real-time distribution across every office and agent. Targets freight forwarders of all sizes including 3 of the 10 top global freight forwarders.
- LINK API API product providing real-time freight rates and operational visibility that connects ocean carrier rates, schedules, and tracking data to customer applications via easy integration. Covers 30+ ocean carriers and NVOCCs and 90+ airlines, replacing traditional EDI methods with increased flexibility and automation.
- Contract Reader Standalone module that reads and processes carrier contracts to extract rate information, terms, and conditions into the Freightify platform, enabling automated ingestion of contract data alongside spot and amendment cycles.
Quantifiable outcome
- 92% reduction in rate procurement processing time
- +4 more outcomes
Companies that use Freightify
Customer profileNamed customers8 records
Segments9 records
Ideal customer profiles4 records
Freightify technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability5 records
Feature8 records
Freightify partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- CargoWisecoreIntegration partnership with CargoWise, a leading transportation management system. Freightify's platform seamlessly integrates with CargoWise for rate and booking data synchronization.
- TMS/ERP SystemscoreIntegration partnerships with various Transportation Management Systems and ERP platforms for seamless data exchange and operational efficiency.
- Carriers via APIscoreAPI integrations with major shipping companies and airlines enabling real-time rate data exchange and process automation. Covers 30+ ocean carriers and 90+ airlines.
Scale indicators13 records
Recent moves8 records
Expansion highlights6 records
Freightify competitors and assessment
Company assessmentBroad incumbents
- CargoWise (WiseTech Global): WiseTech Global's CargoWise is the dominant global TMS for freight forwarders. It is a broad incumbent with deep enterprise penetration and overlapping rate management, quotation, and integration capabilities that compete head-on with Freightify's core platform.
- Descartes Systems Group: Descartes is a large logistics technology vendor with rate management, customs, visibility, and TMS offerings acquired across its portfolio. It competes with Freightify on rate intelligence and forwarding automation as a broad incumbent.
Direct peers
- Magaya Software: Magaya provides freight forwarding and logistics software with rate management, quoting, and shipment visibility modules. It directly competes for the same SMB and mid-market freight forwarder customers that Freightify targets.
- Turvo: Turvo offers a cloud-based TMS platform purpose-built for freight forwarders and 3PLs with quote, rate, and shipment management features. It competes directly with Freightify on modern, API-first TMS for forwarders.
- Freightos: Freightos runs a digital freight marketplace with rate quoting, booking, and rate management infrastructure. Its SaaS and API offerings overlap with Freightify's rate procurement and quotation modules for digital forwarders.
- Softlink Global: Softlink Global provides iCargo, a freight forwarding and logistics ERP used widely across India and emerging markets. It competes with Freightify on forwarding rate management, quoting, and document automation.
- GoFreight: GoFreight is a cloud TMS built for freight forwarders covering ocean, air, and road with quoting, rate management, and document workflows. It is a close direct competitor in the same product category as Freightify.
- Logitude World: Logitude World provides freight forwarding software with rate management, quotation, and operations modules. It targets a similar SMB and mid-market forwarder base as Freightify.
Emerging players
- Flexport: Flexport is a digital-first freight forwarder with internal rate management and quoting technology. While primarily an asset-heavy forwarder, its technology stack overlaps with Freightify's rate and quotation automation.
- Aljex Software: Aljex provides a cloud-based TMS and rate management platform aimed at freight forwarders and brokers in North America. It is a niche but comparable peer on rate procurement and quoting workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Freightify social profiles
Digital presenceFreightify compliance and trust
Trust signalCompliance1 record
Freightify financial estimates
Financial estimateRevenue estimate
Valuation estimate
Freightify leadership team
Management profileNumber of profiles
Profiles1 record
Freightify funding detail
Funding detailFunding overview
Funding rounds5 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Freightify M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Freightify
What does Freightify do?
Freightify provides an AI-powered rate management platform for freight forwarders that centralizes rate procurement, rate administration, and quotation operations across ocean and air freight. The platform ingests carrier rate sheets in any format, applies margin governance, and distributes real-time rates across offices, agents, and customers. It integrates with 30+ ocean carriers and NVOCCs, 90+ airlines, and native connectors to CargoWise and TMS/ERP systems.
Is Freightify a public or private company?
Freightify is a private company. It is classified as venture growth investor backed and is currently operating.
When was Freightify founded?
Freightify was founded in 2018. It employs 251 to 500 people.
Where is Freightify based?
Freightify is headquartered in Singapore, Singapore, in the Asia region.
How does Freightify make money?
Two revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are professional Services.
Who are Freightify's main competitors?
Broad incumbents on record are CargoWise (WiseTech Global) and Descartes Systems Group. Direct peers are Magaya Software, Turvo, Freightos, Softlink Global, GoFreight and Logitude World. Emerging players are Flexport and Aljex Software.
Does Freightify have an API?
Yes. Freightify offers the LINK API which enables real-time freight rate and schedule data exchange for ocean freight logistics. The API provides real-time freight rates and operational visibility, replacing traditional EDI methods with increased flexibility, automation, and improved decision-making. It integrates with major shipping companies via APIs, enabling freight forwarders to retrieve live carrier rates and schedules. Developer documentation is at freightify.com/products/api-product.
What industry is Freightify in?
Freightify's product category is Freight Rate Management Software. Its primary akta.pro industry code is TLAEAIAF, Rate Data Management & Master Data (Rate Cards, Fuel Surcharges, DIM/FAK Rules). Its NAICS code is 488510 and its SIC code is 4731.