2024 Revenue
$18.9M(Est.)
Funding
$10.3M
Team
110
Founded
2014
FreightVerify Revenue & Funding (2024)
FreightVerify generated an estimated $18.9M in annual revenue in 2024. Source: GetLatka estimate
Developer of a supply chain technology company intended to offer real-time transportation visibility and business intelligence. The company's technology helps in simplifying complex global supply chains to help with aspects like manufacturing, distribution and other related aspects, enabling clients to leverage technologies in the cloud and mobile to enable new ways for shippers and carriers to engage.
Last updated
FreightVerify Revenue
In 2024, FreightVerify's revenue reached $18.9M. The company previously reported $8.3M in 2023. Since its launch in 2014, FreightVerify has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | FreightVerify Hit $18.9m revenue in October 2024 | Estimated |
| 2023 | FreightVerify Hit $8.3m revenue in October 2023 | Estimated |
| 2021 | FreightVerify Hit $4.6m revenue in April 2021 | Not recorded |
| 2014 | Launched with $0 revenue |
FreightVerify Valuation, Funding Rounds
FreightVerify has not publicly disclosed its valuation. The company has raised $10.3M in total funding to date.
FreightVerify has raised $10.3M in total funding across 2 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2018 | Funding round | $5M | - | - | Not recorded |
| 2018 | Funding round | $5.3M | - | - | Not recorded |
Founder / CEO
Dave McGuffie
CEO
A proven global technology leader with deep operational and strategic leadership experience in emerging technologies. Unique combination of innovative business planning, deep technology background, revenue generation and operations experience. A team builder and team player. Deep knowledge in Cloud based, IoT and Platform as a Service (PaaS) technology. Experience implementing new go-to-market strategies, sales management, mergers and acquisitions, organizational growth and next stage transformation. Held various leadership positions within Covisint Corporation including CEO and President. Led the successful Initial Public Offering of the company in September, 2013. Global customer focus serving long term enterprise customers such as General Motors, Blue Cross Blue Shield, Ford, Shell, BP, Chevron, Cisco and State governments. Deep industry specific knowledge in Manufacturing, Automotive, Healthcare, High Technology and Security. Key attributes include: focused, energetic, disciplined, customer oriented, innovative. Business Development | Revenue Generation | Go-To-Market | Connected Vehicle | IoT | Telematics | Supply Chain | Team Builder | Platform as a Service | SaaS | Identity Management | Product Innovation | Program Management | Technology Operations |Customer Development | Automotive | M&A Corporate Development | Financial Services
Customers
We do not have customer count information for FreightVerify yet.
FreightVerify Employees & Team Size
FreightVerify employs approximately 110 people as of 2026, up from 102 in 2023, including 13 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 110 employees (December 2024) | Not recorded |
| 2024 | Reached 102 employees (October 2024) | Not recorded |
| 2023 | Reached 102 employees (October 2023) | Not recorded |
| 2022 | Reached 84 employees (October 2022) | Not recorded |
| 2021 | Reached 67 employees (December 2021) | Not recorded |
| 2021 | Reached 61 employees (April 2021) | Not recorded |
Frequently Asked Questions about FreightVerify
What is FreightVerify's revenue?
As of 2024, FreightVerify generated an estimated $18.9M in annual revenue.
Who founded FreightVerify?
FreightVerify was founded by Dave McGuffie.
Who is the CEO of FreightVerify?
The CEO of FreightVerify is Dave McGuffie.
How much funding does FreightVerify have?
FreightVerify raised $10.3M across 2 rounds.
How many employees does FreightVerify have?
As of 2024, FreightVerify had 110 employees.
Where is FreightVerify headquartered?
FreightVerify is headquartered in Ann Arbor, Michigan, United States.
Compare FreightVerify to the industry
FreightVerify operates across multiple industries. Browse revenue, funding, and growth data for FreightVerify 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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