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Sequoia Capital India backs Freightify’s vertical SaaS platform for freight forwarders


For freight forwarders, procuring pricing data for their customers usually involves going to multiple sources, and then consolidating information into spreadsheets. That’s time-consuming and complicated, especially since pricing data constantly changes. Freightify wants to make the process as simple as comparing airfare with its vertical SaaS platform.
The Singapore-based startup announced today it has raised a $12 million Series A led by Sequoia Capital India, with participation from Trail Mix Ventures and Alteria Capital. The round also included returning investors Nordic Eye Venture Capital and Motion Ventures.
TechCrunch last covered Freightify in July 2021, when it raised $2.5 million in seed funding. Freightify is now used by more than 200 freight forwarding companies in 45 countries, and says its revenue has tripled over the last year. The company refers to itself as the “Shopify for maritime freight” because it provides whi …

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