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Valuation

$2.9M

2021 Revenue

$951.7K

Customers

500

Funding

$0

Avg ACV

$1.9K

Team

11

Founded

2005

How Efreightsolutions Holdings CEO Spencer Askew grew to $951.7K revenue and 500 customers in 2021.

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.

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Efreightsolutions Holdings Revenue

In 2021, Efreightsolutions Holdings's revenue reached $951.7K. Since its launch in 2005, Efreightsolutions Holdings has shown consistent revenue growth.

Efreightsolutions Holdings Revenue GrowthReported revenue / ARR over time$0$200K$400K$600K$800K$1M200520072009201120132015201720192021$0$952KSource: GetLatka.com
YearMilestoneQuote
2021Efreightsolutions Holdings Hit $951.7k revenue in April 2021
2005Launched with $0 revenue

Efreightsolutions Holdings Valuation, Funding Rounds

Efreightsolutions Holdings's most recent disclosed valuation is $2.9M.

Efreightsolutions Holdings is a bootstrapped Freight Management Software startup. Founded in 2005, Efreightsolutions Holdings has grown to $951.7K in revenue without raising any venture capital or outside funding.

As a self-funded Freight Management Software SaaS company, Efreightsolutions Holdings has built its business with no outside investment.

Efreightsolutions Holdings Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12005Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Spencer Askew

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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Customers

Efreightsolutions Holdings serves 500 customers.

Efreightsolutions Holdings Employees & Team Size

Efreightsolutions Holdings employs approximately 11 people as of 2026. It serves 500 customers that rely on its solutions.

Efreightsolutions Holdings Team GrowthReported headcount over time03581013200520072009201120132015201720192021001111Source: GetLatka.com
YearMilestone
2021Reached 11 employees (April 2021)

Frequently Asked Questions about Efreightsolutions Holdings

What is Efreightsolutions Holdings's revenue?

Efreightsolutions Holdings generates $951.7K in revenue.

Who founded Efreightsolutions Holdings?

Efreightsolutions Holdings was founded by Spencer Askew.

Who is the CEO of Efreightsolutions Holdings?

The CEO of Efreightsolutions Holdings is Spencer Askew.

How much funding does Efreightsolutions Holdings have?

Efreightsolutions Holdings raised $0.

How many employees does Efreightsolutions Holdings have?

Efreightsolutions Holdings has 11 employees.

Compare Efreightsolutions Holdings to the industry

Efreightsolutions Holdings operates across multiple industries. Browse revenue, funding, and growth data for Efreightsolutions Holdings in each sector below.

Data and Sources

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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