Leading technology website, TechCrunch, featured OurCrowd portfolio company Freightos. The company offers a Software as a Service cloud solution for automating pricing and sales in the trillion dollar freight (cargo) industry.
Freightos, essentially, is building the Kayak or Expedia for international shippers. Both individual users and freight forwarders can use the platform to search for and filter shipping options by price, time, route, fees involved, or type of transportation.
“It’s quite straightforward, and quite analogous to what you’ve seen in other industries,” says [Freightos founder Zvi] Schreiber. “But in this industry, it’s really quite revolutionary.”
Freightos raised $550,000 from OurCrowd investors in November 2012 and $110,000 in a follow-on funding round in 2013.
Read more on TechCrunch here.