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Project44

Enterprise Software
project44 is a Chicago-based supply chain visibility platform providing real-time tracking and predictive analytics for freight shipments across trucking, ocean, rail, and other transportation modes.
$1.05B
+$1.40
186.03%
30 days ago
$0.75
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project44 was founded in 2014 by Jett McCandless, based on the observation that shippers and logistics companies historically had very limited real-time visibility into the actual status and location of freight moving through their supply chains, particularly across the many different transportation modes, carriers, and geographic regions that a complex global supply chain typically involves, relying instead on periodic manual status updates or basic estimated delivery timeframes that often proved inaccurate once real-world disruptions like weather, port congestion, or mechanical issues affected a specific shipment. project44's platform aggregates real-time location and status data across trucking, ocean freight, rail, air, and other transportation modes from a very large network of carrier partners, giving shippers and logistics companies a unified, real-time view of their freight regardless of which specific carrier or transportation mode is handling a given shipment at any point in its journey, along with predictive analytics that use historical data and real-time conditions to generate more accurate estimated arrival times than static, less data-driven estimates typically provide, helping supply chain teams proactively identify and respond to potential delays before they cause further downstream disruption to customer commitments or dependent operations. The company has built particularly extensive visibility capabilities for ocean freight specifically, an area of global supply chains that has historically been especially difficult to track with real-time precision given the long transit times, multiple port handoffs, and limited historical data-sharing standards across the global ocean shipping industry compared to some other transportation modes. project44's customers span large shippers, retailers, and manufacturers across many industries with complex, multi-modal global supply chains, a customer base for which supply chain visibility and predictability became an especially high priority following the severe supply chain disruptions many companies experienced during and after the COVID-19 pandemic. The company has raised very substantial venture funding from investors including Goldman Sachs Asset Management, Emergence Capital, and Generation Investment Management, reaching a valuation exceeding $2.7 billion, competing primarily with FourKites in the supply chain visibility category.
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