Tag: Logistics
How Freight master Flexport’s Ryan Petersen learned to CEO
“I didn’t know what the term ‘freight forwarder’ meant until a year into starting the business.” Considering his shipping logistics startup Flexport was last valued at $3.2 billion, that quote from my first interview with CEO and founder Ryan Petersen back in 2016 seems even more surprising now. But it…
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If we let the US Postal Service die, we’ll be killing small businesses with it
Laura Behrens Wu Contributor Laura Behrens Wu is the co-founder and CEO of Shippo, which is building a shipping platform for 21st century e-commerce. Since moving to the United States, I’ve come to appreciate and admire the United States Postal Service as a symbol of American ingenuity and resilience. Like…
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Delivery Hero CEO shares what he’s learned about managing logistics during a pandemic
Food-delivery platforms are on the front lines during the coronavirus crisis, with major spikes in demand as communities are confined at home, likely with more time to cook than usual. And while some restaurants have opted to shut down, others have turned to takeout as a lifeline. Yet physical contact…
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Financial tech startup Previse raises $11 million to help suppliers get paid faster
Previse, a fintech focused on helping suppliers get faster payment, announced that it has raised $11 million in new funding led by Reefknot Investments and Mastercard. Returning investors Bessemer Venture Partners, Hambro Perks and Augmentum Fintech also participated. Founded in 2016, Previse says it currently processes about 100,000 invoices a…
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India’s FarEye raises $25M to grow its logistics SaaS startup in international markets
More than 150 e-commerce and delivery companies globally use an Indian logistics startup’s service to work out the optimum way before they ship items to their customers. That startup, Noida-based FarEye, has raised $25 million in a new financing round as it looks to expand its footprint in international markets.…
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Former Uber exec raises $31M for his Jakarta-based logistics startup Kargo, announces relief fund to battle coronavirus
Kargo, a Jakarta-based logistics startup co-founded by veteran Uber Asia executive Tiger Fang, has raised $31 million to scale its business and help firms in the Southeast Asian nation fight the coronavirus. Silicon Valley-based Tenaya Capital, Sequoia India, and Intudo Ventures among others financed Kargo’s Series A round. The startup,…
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