Logixboard

Logixboard

Shipment visibility software for logistics providers

About

Logixboard provides shipment visibility software tailored for logistics service providers, particularly freight forwarders. Their platform enables these providers to track and monitor shipments in real-time, giving customers up-to-date information about their cargo. This service enhances the customer experience by allowing freight forwarders to offer features like real-time tracking, digital documentation, and improved communication. Logixboard operates on a software-as-a-service (SaaS) model, where clients subscribe to access the platform, ensuring a steady revenue stream that supports ongoing improvements and feature additions. Unlike many competitors, Logixboard caters to a wide range of clients, from small family-run businesses to large multinational corporations, making their solution scalable and accessible. The goal of Logixboard is to empower logistics service providers to enhance their service offerings and operational efficiency in a competitive market.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Enterprise Software

Total Funding

$50.6M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • The recent $32M Series B funding from Insight Partners positions Logixboard for significant growth and innovation in the logistics technology space.
  • Partnerships with companies like Transolve Global and Offshore Business Processing highlight Logixboard's expanding influence and market reach.
  • Logixboard's platform significantly enhances operational efficiency and customer experience for freight forwarders, making it an attractive solution in a competitive market.

What critics are saying

  • The logistics technology market is highly competitive, requiring continuous innovation to maintain a leading position.
  • Dependence on subscription fees means that economic downturns or budget cuts in client companies could impact revenue.

What makes Logixboard unique

  • Logixboard's focus on real-time shipment visibility specifically for logistics service providers sets it apart from broader logistics software solutions.
  • Their SaaS model ensures continuous revenue and allows for ongoing platform enhancements, unlike one-time purchase software models.
  • The platform's ability to cater to both small businesses and large enterprises through scalable solutions provides a competitive edge.

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Growth & Insights
Headcount

6 month growth

-36%

1 year growth

-44%

2 year growth

-55%

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