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Provider of transport and logistics services. The company's platform offers contract tariffs and quotes, broker training, tracking information and business intelligence, enabling freight brokers, shippers and forwarders to get efficiency and automation.
Last updated
In 2021, Efreightsolutions Holdings's revenue reached $951.7K. Since its launch in 2005, Efreightsolutions Holdings has shown consistent revenue growth.
Efreightsolutions Holdings reached a $2.9M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $2.9M | - |
CEO
His background, as both a consultant and technology innovator, has given me invaluable insight and unrivalled passion for developing and delivering practical applications for smarter, scalable and more affordable technology solutions for shippers, carriers, and logistics service providers. Fourteen years ago, he began a career in the e-procurement technology space, and after a successful exit of the business, began working as a consultant in the transportation industry for a large asset-based transportation company. Up until early 2005, he continued as a consultant with some very large non-asset-based logistics service providers, learning "the day in the life of" challenges and implementing solutions. From that, he recognized that there was a great opportunity―along with a huge demand for―real-world technology solutions. Since founding Efreightsolutions in 2005, he successfully launched Efreightsolutions Worldwide, a technology-based services sister company that acts as an enabling engine for software customers looking to expand their operations and service offerings. In 2012, he was very influential in helping to launch a Less-than-Truckload freight brokerage services company which was recently acquired by Efreightsolutions Worldwide. My most recent endeavor, the launch of Teknowlogi, is positioned to transform the logistics industry as we know it. He is proud to be a Kennesaw State University Athletics Hall of Fame inductee and always enjoy a good round of golf.
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Efreightsolutions Holdings serves 500 customers.
Efreightsolutions Holdings employs approximately 11 people as of 2026. It serves 500 customers that rely on its solutions.
Efreightsolutions Holdings generates $951.7K in revenue.
Efreightsolutions Holdings was founded by Spencer Askew.
The CEO of Efreightsolutions Holdings is Spencer Askew.
Efreightsolutions Holdings raised $0.
Efreightsolutions Holdings has 11 employees.
Efreightsolutions Holdings operates across multiple industries. Browse revenue, funding, and growth data for Efreightsolutions Holdings in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$2.9M
2021 Revenue
$951.7K
Customers
500
Funding
$0
Avg ACV
$1.9K
Team
11
Founded
2005
| Year | Milestone | Source |
|---|---|---|
| 2021 | Efreightsolutions Holdings Hit $951.7k revenue in April 2021 | |
| 2005 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 11 employees (April 2021) |
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