Portcast

Portcast

Predictive analytics for logistics forecasting

Overview

Portcast provides predictive analytics and real-time visibility for logistics and supply chains. Its platform helps freight forwarders, shippers, and logistics providers forecast demand, track vessels and containers, and estimate ETAs and risks. Functioning as a subscription service, the portal delivers centralized data, AI-powered forecasts, and alerts to optimize lead times and reduce safety stock. Unlike traditional methods that rely on static carrier schedules and spreadsheets, Portcast focuses on dynamic data-driven forecasting and live tracking to improve efficiency and profitability.

About Portcast

Simplify's Rating
Why Portcast is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Company Size

11-50

Company Stage

Series A

Total Funding

$9.7M

Headquarters

Singapore, Singapore

Founded

2017

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Simplify's Take

What believers are saying

  • $6.5M Series A from Susquehanna Asia VC fuels AI enhancements.
  • Gartner 2024 Magic Quadrant recognition accelerates enterprise sales.
  • Multi-modal expansion to air cargo cross-sells to mixed supply chains.

What critics are saying

  • FourKites freemium model erodes Portcast's Asia-Pacific customers within 6-12 months.
  • Project44's satellite ETAs surpass Portcast's accuracy, capturing enterprises in 12-18 months.
  • LTA's Q3 2026 open-source ETA standards commoditize Portcast's analytics.

What makes Portcast unique

  • Portcast delivers AI-powered actionable intelligence beyond passive tracking.
  • Portcast integrates 70+ data sources for 90%+ ETA accuracy across 30,000 trade lanes.
  • Portcast combines visibility with freight audit, cutting costs by 30%.

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Funding

Total Funding

$9.7M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$6.5M
Portcast
$8.2M
Discord
$15M
Canva
$30M
Kalshi

Benefits

Remote Work Options

Flexible Work Hours

Unlimited Paid Time Off

Health Insurance

Dental Insurance

Vision Insurance

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

9%

2 year growth

0%
KrASIA
Nov 19th, 2024
Deals in brief: Portcast raises USD 6.5 million, Secai Marche nets additional Series A funding, Boman Group charts new fund for Australian startups, and more

Portcast, a Singapore-based logistics tech startup, has closed a USD 6.5 million Series A round led by Susquehanna Asia VC, with participation from Hearst Ventures and Signal Ventures, among other investors.

Nestia
Nov 19th, 2024
Portcast secures US$6.5M in Series A to enhance AI-powered supply chain visibility

Portcast founder and CEO Nidhi GuptaSingapore-based Portcast, a provider of real-time transportation visibility and predictive analytics, has secured US$6.Also Read: Headquartered in Singapore, Portca

TechNode Global
Nov 19th, 2024
Singapore's Portcast secures $6.5M Series A funding led by Susquehanna Asia VC

Portcast, the Singapore-based provider of real-time transportation visibility and predictive analytics, has on Monday announced it has raised $6.5 million in a Series A funding round.

e27
Nov 14th, 2024
Portcast raises $6.5M for AI visibility

Portcast Pte Ltd has secured $6.5 million in Series A funding to enhance its AI-powered supply chain visibility.

Informa TechTarget
Sep 13th, 2021
Newtown Partners invests into Portcast in $3.2M

Logistics startup Portcast has secured $3.2m in pre-Series A financing led by Newtown Partners – via the Imperial Venture Fund – with participation from Wavemaker Partners, TMV and Innoport, which join existing investors SGInnovate, among others.

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