Shipwell

Shipwell

Transportation management system for logistics optimization

About Shipwell

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

Industries

Data & Analytics

Automotive & Transportation

Enterprise Software

Company Size

51-200

Company Stage

Series B

Total Funding

$47M

Headquarters

Austin, Texas

Founded

2016

Overview

Shipwell provides a Transportation Management System (TMS) that enhances supply chain visibility and efficiency for businesses in logistics. Its cloud-native platform allows clients to plan shipments, source transportation, track performance, and manage financial settlements, integrating with various carrier networks and e-commerce platforms. Shipwell operates on a software-as-a-service (SaaS) model, offering clients scalable access to its tools. A key feature is real-time visibility, enabling clients to track shipments and manage exceptions effectively. Additionally, Shipwell offers load optimization to reduce shipping costs and supports third-party and fourth-party logistics services. Recognized in Gartner’s 2022 Magic Quadrant for TMS, Shipwell also provides a mobile app for supply chain management on the go, aiming to streamline operations and reduce costs for its clients.

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Simplify's Take

What believers are saying

  • Increased demand for real-time visibility boosts adoption of Shipwell's TMS platform.
  • AI and machine learning integration optimize Shipwell's route planning and freight management.
  • E-commerce growth drives demand for Shipwell's sophisticated TMS solutions.

What critics are saying

  • Competition from established logistics companies could overshadow Shipwell's offerings.
  • Economic downturns may reduce shipping volumes, impacting Shipwell's revenue.
  • Cybersecurity threats to cloud-based platforms could affect client trust and operations.

What makes Shipwell unique

  • Shipwell offers a cloud-native TMS platform for seamless logistics management.
  • Real-time visibility and AI integration enhance Shipwell's competitive edge in supply chain solutions.
  • Partnerships with tech providers expand Shipwell's reach into new customer segments.

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Funding

Total Funding

$47M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$35M
Shipwell
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

Unlimited Paid Time Off

Home Office Stipend

401(k) Retirement Plan

401(k) Company Match

Professional Development Budget

Phone/Internet Stipend

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↓ -1%

2 year growth

↑ 0%
Shipwell
Mar 31st, 2025
Shipwell Named A Visionary in 2025 Gartner(R) Magic Quadrant(TM)

AUSTIN, TX - [March 31, 2025] - Shipwell, a leader in AI-integrated transportation management, visibility, and freight procurement solutions, today announced it has been named a Visionary in the 2025 Gartner(R) Magic Quadrant(TM) for Transportation Management Systems[1], marking its fifth consecutive appearance on the report.

ABL Advisor
Oct 9th, 2024
SG Credit Partners Announces Senior Debt Investment in Shipwell

SG Credit Partners, through its SG Software + Technology division, announced its partnership with Shipwell, a scalable multimodal transportation management system (TMS) that empowers shippers to plan, rate, ship, and manage supply chain operations across all modes - including parcel, truckload, LTL, VTL, bulk, rail, intermodal, and ocean.

Yahoo Finance
Apr 2nd, 2024
Shipwell Recognized As A Challenger In The 2024 Gartner(R) Magic Quadrant(Tm) For Transportation Management Systems

Austin, Texas--(Newsfile Corp. - April 2, 2024) - Shipwell, the provider of the award-winning Shipwell TMS platform, proudly announces its recognition as a Challenger in the 2024 newly-released Gartner® Magic Quadrant™ for Transportation Management Systems (TMS).It is the fourth year Shipwell has been featured in the Gartner Magic Quadrant for TMS.Mid-market and enterprise shippers, in particular, find the Shipwell TMS appealing due to its combination of cloud-native, high-performing technology, easy implementation, built-in visibility, and innovative design. This alternative addresses the limitations of legacy spreadsheet and email methods, as well as the rigid software applications that were prevalent even among large enterprises before recent global supply chain disruptions necessitated adaptation.To access a complimentary copy of the report, click here.Objectivity Disclaimer:Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S

Yahoo Finance
Mar 28th, 2024
Shipwell Unveils Sleek New Website, Showcasing Award-Winning, Cutting-Edge Supply Chain Management Solutions

Austin, Texas--(Newsfile Corp. - March 28, 2024) - Shipwell, the industry-leading provider of cloud-based transportation management, visibility, and freight procurement solutions, is proud to announce the launch of its completely revamped website. This groundbreaking redesign represents a significant step forward in showcasing Shipwell's cutting-edge platform and its comprehensive capabilities.The Shipwell team has dedicated the past few months to meticulously rebuilding the website from the ground up, transitioning from WordPress to Webflow. This move has allowed for a complete overhaul of the site's code, content, structure, and visuals. The result is a sleek, modern, and user-friendly website that effectively communicates Shipwell's value proposition and enhances the user experience through intuitive navigation and engaging visuals.One of the standout features of the new website is the increased prominence of Swifty, Shipwell's beloved AI assistant and mascot. Swifty embodies Shipwell's commitment to leveraging advanced technology to streamline logistics processes and provide unparalleled customer support."Our new website is a true reflection of Shipwell's core values and mission

JOC
Feb 9th, 2024
CloudTrucks acquires Shipwell brokerage division amid truckload market shakeout

Transportation management system (TMS) provider Shipwell has sold its truckload brokerage unit to CloudTrucks, a technology provider to small carriers.

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