OurCrowd portfolio company Freightos was featured in Globes, the leading Israeli financial daily. Freightos offers a Software as a Service (SaaS) cloud solution for automating pricing and sales in the trillion dollar freight (cargo) industry.
The investment round OurCrowd investors participated in made the news as other leading VC firms joined in.
Automated freight loading company Freightos has completed a financing round of $7.6 million. Investors include Annox Capital, Aleph, ICV, and OurCrowd. The proceeds will help fund the company’s vision of bringing international freight online with automated pricing and booking.
Freightos has successfully automated the routing and pricing of freight including all the intricacies of ocean, air, and land transportation. With Freightos, freight forwarders can quote instantly for even the most complex routes.
Freightos raised $550,000 from OurCrowd investors in November 2012 and $110,000 in a follow-on funding round in September 2013.
Read more on Globes here.