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project44

“Can a single API-driven visibility platform become the default operating layer for global multi-modal supply chains?”

Founded2014
HQChicago, Illinois, United States
Total raised$897.5M
Latest roundSeries F, 2022
Valuation$2.7B
IndustryVertical SaaS / Supply Chain Visibility
The story

project44 was built to modernize freight visibility with APIs rather than EDI, initially focused on trucking and expanding into multi-modal (ocean, rail, parcel) visibility. It has grown into the 'connective tissue' for global supply chains via its Movement platform, layering in ETA prediction, carrier network management, and last-mile tracking. It is a supply-chain SaaS company — not a fintech — and shows no evidence of embedded finance products.

Last 12 months
—
Product timeline
2014
project44 founded in Chicago as an API-driven freight visibility platform to replace legacy EDI/paperwork.· pivot
2018
Raised $45M Series C led by Sapphire Ventures to expand international freight tracking.· funding
2022
Raised $420M led by Thoma Bravo, TPG and Goldman Sachs Asset Management amid pandemic-era supply chain focus.· funding
2024
Raised $80M at a $2.7B valuation from Generation IM and A.P. Moller Holding; platform tracks shipments across 1,200 customers globally.· funding
The stack
0 layers disclosed in project44’s embedded-finance stack
Accounting gap: none

project44 — frequently asked

Where is project44 headquartered?

project44 is founded in 2014 and headquartered in Chicago, Illinois, United States.

How much funding has project44 raised?

project44 has raised $897.5M in total (latest round: Series F, 2022; valuation: $2.7B).

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