FourKites

FourKites

Real-time supply chain visibility platform

About

FourKites offers a platform for supply chain management that provides real-time visibility and predictive analytics. It collects data from millions of shipments and uses AI to analyze this information, helping businesses manage risks and optimize their operations. The platform connects all parts of a supply chain, ensuring teams work with the same data, and features Fin AI, which automates tasks and identifies optimization opportunities. FourKites stands out from competitors by combining a large real-time supply chain network with specialized applications to effectively address complex supply chain challenges.

Company Stage

Late Stage VC

Employees

501-1,000

Industries

Data & Analytics, AI & Machine Learning

Total Funding

$205.8M

Headquarters

Chicago, Illinois

Founded

2014


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Simplify's Take

What believers are saying

  • FourKites is recognized as a leader in Gartner's Magic Quadrant for four consecutive years.
  • The company collaborates with major brands like Organik Kimya and Clariant to enhance efficiency.
  • Growing demand for AI-powered supply chain tools boosts FourKites' market potential.

What critics are saying

  • Emergence of competitors like Auger with significant funding challenges FourKites' market share.
  • Overhaul's $55 million funding round intensifies competition in supply chain visibility.
  • Rapid market growth may attract more entrants, increasing competition for FourKites.

What makes FourKites unique

  • FourKites tracks 3 million shipments daily across multiple transportation modes.
  • The platform integrates real-time data with machine learning for end-to-end supply chain visibility.
  • FourKites' YardWorks suite optimizes gate and yard logistics with AI and computer vision.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

0%

Benefits

Medical, dental, & vision

PTO

401k with company match

Annual wellness stipend

Ongoing learning & development opportunities

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