Shipsta
Shipsta is a B2B digital freight sourcing and procurement platform enabling logistics and supply chain buyers to digitize freight procurement workflows. Headquartered in Luxembourg with operations in Germany, the subscription-based company serves enterprise logistics buyers globally.
- Company typePrivate
- Founded2015
- HeadquartersLuxembourg, Luxembourg
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Shipsta does
Shipsta is a B2B digital freight sourcing and procurement platform that enables logistics and supply chain buyers to digitize their freight procurement workflows. Founded in 2015 and headquartered in Luxembourg with operational presence in Germany, the company operates a horizontal procurement platform that serves enterprise logistics and supply chain organizations across multiple industry verticals, including automotive, retail, industrial, and consumer goods. The platform aggregates fragmented shipping data and automates procurement workflows, allowing organizations to consolidate carrier selection, rate negotiation, and freight sourcing through a unified interface.
The underlying technology stack centers on a data-driven digital freight platform that integrates with carrier systems and transportation management systems to aggregate pricing, lane, and capacity data. The platform is positioned to connect enterprise buyers with carrier marketplaces, though specific technical components, APIs, or proprietary algorithms were not disclosed in the available input.
Shipsta operates a subscription-based recurring revenue model, monetizing through enterprise contracts with logistics and supply chain procurement teams. Go-to-market is direct, with field sales targeting logistics buyers and supply chain decision-makers at mid-to-large enterprises across Europe, with ambitions to expand globally as signaled by its 2022 funding round led by Tricap Investments (a Luxembourg/UAE-based investor). The company has raised approximately $10M across three funding rounds since 2018 (Catalpa Ventures Family Office in 2018; Mangrove Capital Partners and RTP Global in 2019; Tricap Investments in March 2022).
Shipsta firmographics
Firmographics- Name
- Shipsta
- Website
- https://shipsta.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Shipsta is a B2B digital freight sourcing and procurement platform enabling logistics and supply chain buyers to digitize freight procurement workflows. Headquartered in Luxembourg with operations in Germany, the subscription-based company serves enterprise logistics buyers globally.
- Ownership category
- akta.pro rank
Shipsta industry classification
Industry- Product category
- Logistics Technology / Freight Procurement Software
- NAICS
- Freight Transportation Arrangement (488510)
- SIC
- Arrangement Of Transportation Of Freight & Cargo (4731)
- akta.pro primary industry
- Dedicated Lanes & Mini-Bid / RFP Marketplace Platforms (TLAEAJAG)
- akta.pro secondary industry
- Shipper-Carrier Direct Contracting Networks (TLAEAJAC)
Keywords
Where Shipsta is headquartered
LocationHeadquarters
- HQ city
- Luxembourg
- HQ country
- Luxembourg
- HQ region
- Europe
Offices2 records
Markets served
Shipsta business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Freight Procurement Platform: Shipsta generates revenue through its digital freight sourcing and procurement platform, providing data-driven solutions to logistics buyers. The platform enables digital transformation in logistics through technology-enabled freight procurement services.
Go-to-market motion1 record
Distribution channels1 record
Shipsta product offering
Product offeringCore offering
Shipsta operates a digital freight sourcing and procurement platform that enables logistics and supply chain buyers to manage strategic and tactical logistics procurement through data-driven solutions. The platform supports digital transformation in the freight industry by providing technology-enabled procurement services to enterprise customers, generating revenue through a subscription/recurring model.
Product overview
Shipsta is a freight sourcing and procurement platform that provides digital solutions for the logistics industry. The company appears to offer a digital freight platform focused on data-driven solutions to support digital transformation in logistics. However, no specific named products, modules, or detailed product architecture are described in the available source data.
Differentiator
Problem solved
Functional benefit
Products and services
- Shipsta Digital Freight Sourcing and Procurement Platform
Companies that use Shipsta
Customer profileSegments1 record
Ideal customer profiles1 record
Shipsta technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Shipsta partnerships and signals
Strategic signalScale indicators2 records
Recent moves2 records
Expansion highlights4 records
Shipsta competitors and assessment
Company assessmentDirect peers
- Loadsmart: Loadsmart is a digital freight brokerage and procurement platform that combines carrier matching with shipper tendering, closely paralleling Shipsta's freight sourcing and procurement value proposition.
- Freightos: Freightos operates a digital freight booking and procurement marketplace, including its enterprise procurement solution, directly comparable to Shipsta's freight sourcing and RFP platform for shippers and 3PLs.
- Transporeon: Transporeon is a leading European transport management platform with a strong freight procurement and tendering module, directly competing with Shipsta in shipper-side freight sourcing and RFP workflows.
Others
- project44: project44 is a supply chain visibility platform that complements freight procurement with real-time shipment tracking, representing an adjacent ecosystem player to Shipsta's procurement offering.
Broad incumbents
- Uber Freight: Uber Freight is a large, well-capitalized digital freight marketplace that includes shipper procurement and tendering alongside execution, serving as a broad incumbent competing with Shipsta's procurement platform.
- Coyote Logistics: Coyote Logistics (UPS subsidiary) is a major North American freight brokerage with digital procurement and capacity-matching capabilities, overlapping with Shipsta's shipper-facing freight sourcing platform.
- Flexport: Flexport is a global digital freight forwarder offering end-to-end ocean, air, and trucking services with embedded procurement tools, competing with Shipsta as a broader incumbent in digital freight.
Emerging players
- Slync.io: Slync.io offers logistics workflow automation and visibility, with strategic investment ties to Shipsta via its CEO; it overlaps with Shipsta in digitizing shipper-carrier workflows.
- Kontainers: Kontainers is a digital freight platform enabling forwarders and shippers to quote, book, and manage shipments online, partially overlapping with Shipsta's procurement focus.
- Turvo: Turvo provides a collaborative TMS for shippers, brokers, and 3PLs with shipment planning and procurement features, making it a partial competitor in the digital freight procurement space.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Shipsta financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shipsta leadership team
Management profileNumber of profiles
Profiles3 records
Shipsta funding detail
Funding detailFunding overview
Funding rounds3 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shipsta 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 Shipsta
What does Shipsta do?
Shipsta operates a digital freight sourcing and procurement platform that enables logistics and supply chain buyers to manage strategic and tactical logistics procurement through data-driven solutions. The platform supports digital transformation in the freight industry by providing technology-enabled procurement services to enterprise customers, generating revenue through a subscription/recurring model.
Is Shipsta a public or private company?
Shipsta is a private company. It is classified as venture growth investor backed and is currently operating.
When was Shipsta founded?
Shipsta was founded in 2015. It employs 51 to 100 people.
Where is Shipsta based?
Shipsta is headquartered in Luxembourg, Luxembourg, in the Europe region.
How does Shipsta make money?
One revenue line is on record: freight Procurement Platform.
Who are Shipsta's main competitors?
Direct peers on record are Loadsmart, Freightos and Transporeon. project44 is listed as an others. Broad incumbents are Uber Freight, Coyote Logistics and Flexport. Emerging players are Slync.io, Kontainers and Turvo.
Does Shipsta have an API?
No public API is recorded for Shipsta.
What industry is Shipsta in?
Shipsta's product category is Logistics Technology / Freight Procurement Software. Its primary akta.pro industry code is TLAEAJAG, Dedicated Lanes & Mini-Bid / RFP Marketplace Platforms, with a secondary code of TLAEAJAC, Shipper-Carrier Direct Contracting Networks. Its NAICS code is 488510 and its SIC code is 4731.