Shippeo, a Paris and Chicago-based provider of real-time multimodal transportation visibility, has raised $30 million in a strategic funding round.
Investors
The round was led by Woven Capital, Toyota’s growth fund, with participation from existing investors, including Battery Ventures, Partech, and Yamaha Motor Ventures.
Woven Capital, Toyota's growth fund founded in 2021, invests nearly $800 million in startups focused on mobility innovations. The fund supports advancements in city connectivity, automation, energy storage, electrification, and smarter vehicles.
Shippeo Use of Funds
This funding will support Shippeo's growth in North America and APAC and enhance its Real-Time Transportation Visibility Platform. Shippeo's total funding now exceeds $140 million.
About Shippeo
Shippeo provides real-time multimodal transportation visibility, helping shippers and logistics providers create resilient, sustainable, and customer-centric supply chains. Its platform enables users to reduce logistics-related carbon emissions by making informed trade-offs between modes and carriers based on carbon footprint data. Notable customers include global brands such as Ahold Delhaize, AkzoNobel, Amazon, Barilla, Coca-Cola HBC, Heineken, Kuehne+Nagel, L’Oréal, LVMH, Renault Group, and Saint-Gobain. Shippeo tracks over 90 million shipments annually across 150 countries.
Funding Details
Company: Shippeo
Raised: $30.0M
Round: Strategic Round
Funding Month: January 2025
Lead Investor: Woven Capital
Additional Investors: Battery Ventures, Partech, Yamaha Motor Ventures
Company Website: https://www.shippeo.com/
Software Category: Supply Chain Visibility
Source: https://www.businesswire.com/news/home/20250113725048/en/