Logistics Intelligence SoftwareUnited StatesFounded 2016CEO Craig Fuller
FreightWaves, founded in 2016 by Craig Fuller, describes itself as the Bloomberg of freight, operating at the intersection of media and data analytics for the global logistics and supply chain industry.
FreightWaves' last reported revenue was $20M in 2022 (Craig Fuller on camera). GetLatka estimates it at about $53.9M a year (October 2024). FreightWaves is #134 on the Latka List. The list ranks the 1,356 companies Nathan Latka has interviewed by revenue.
| As of | Revenue | Source |
|---|---|---|
| Nov 2017 | $1M | – |
| 2019 | $4M | Founder interviewWatch at 8:54 |
| 2020 | $6.5M | Founder interviewWatch at 8:45 |
| 2021 | $15M | Founder interviewWatch at 8:14 |
| 2022 | $20M | Craig Fuller on cameraWatch at 1:10 |
| Nov 2023 | $33.4MEST | GetLatka estimate |
| Oct 2024 | $53.9MEST | GetLatka estimate |
– source not recorded
FreightWaves is privately held, so there is no FreightWaves stock to buy. Investors valued it at $300M in its March 2021 funding round.
Valuation history$286M 2021$92M Series B 2019$42M Series A 2018$9M Seed 2017$6M participating preferred 2016
FreightWaves has raised $91.4M across seven rounds since 2016. The latest was a $16M funding round in March 2021.
| Date | Round | Raised | Valuation | Source |
|---|---|---|---|---|
| Mar 2021 | Funding round | $16M | $286M | Founder interviewWatch at 15:09 |
| Jul 2020 | Private Equity | $30M | – | – |
| Apr 2020 | Venture | $7M | – | – |
| Feb 2019 | Series B | $20M | $92M | Founder interviewWatch at 16:49 |
| Jun 2018 | Series A | $13M | $42M | Founder interviewWatch at 17:02 |
| Nov 2017 | Seed | $3.4M | $9M | – |
| Sep 2016 | participating preferred | $2M | $6M | Founder interviewWatch at 20:01 |
| Total raised | $91.4M |
Nathan Latka has interviewed FreightWaves twice, speaking with Craig Fuller. Each figure links to the second it was said.
Watch: How FreightWaves Hit $20M ARR by Sourcing 70% of Enterprise Deals from Its Own Media (Talk by Founder and CEO Craig Fuller)September 2022 · Craig Fuller, Founder and CEO
Watch: How FreightWaves Reached $15M ARR and 700 Enterprise Customers While Spending Zero on CAC (Interview with Founder and CEO Craig Fuller)September 2021 · Craig Fuller, Founder and CEO
Growth tactics they described: ViralityWatch at 16:14Live EventsWatch at 19:44PodcastWatch at 19:22Blog ContentWatch at 14:08Paid Search (Google PPC)Watch at 5:24
FreightWaves competes most directly with shipperhq.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
| FreightWaves | $53.9M | $91.4M | 215 | 700 | 2016 |
 shipperhq | $15M | – | 50 | 1K | 2013 |
Craig Fuller founded FreightWaves in 2016 with Nishita Cummings and William O'Donnell and runs it as CEO. FreightWaves had 215 employees (October 2024, LinkedIn).
Also at FreightWavesKristie King, Torsten Sauer, David Whiting, Grace Sharkey, FW Sysadmin, Eric Kulisch, Alex Cameron, Ryan Monesmith, Fraser Goodgame, Nick Austin, Daniel Hayden, Umesh Aggo, Michael Rudolph, Emalae Howland, David Famolari, Timothy Dooner, John Kingston, Todd Maiden, Zach Strickland, Chuck Marcouiller, C. E. G. Irgenti, Jennifer Lown, Sandeep Kar, Nicholas Torres, Emily Cash, Frederick Doe, Jutta Hennig, Alexandra Kerr Quarles, Clarissa Hawes, Sherilyn S. Lawinski, Peter Schuster, Tom Mallon, Mary O'Connell, Jake Medwell Austin, Haley Fazio, Jeff Strickland, Jennifer Plaza Wiggins, Delinda Rogers, Chris Smith, Alexander Hammer, Dale Stewart, Isaiah Buchanan, John Gallagher, Thomas Wasson, F. Amolari, Rhiannon James, Ed Sunder, Marc Guberti, Julia E. Becker, Alison McClarke, Michael Baudendistel, Derek Vigil, Donny Gilbert, Catherine Brabec, Luke Falasca, Scott Mall, Corina Bonilla Stonecipher, Michael Stonecipher, Chris Wayne, Mary Jane Salonoy, Noi Mahoney, Chris Girgenti, Julia Becker
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 215 | |
| Nov 2023 | 215 | – |
| Sep 2022 | 200 | Craig Fuller on cameraWatch at 1:38 |
| Sep 2021 | 200 | Founder interviewWatch at 2:40 |
| Nov 2020 | 165 | – |
| 2020 | 165 | – |
| May 2017 | 142 | – |
GetLatka estimates FreightWaves' revenue at about $53.9M a year (October 2024). The last reported figure was $20M in 2022, as Craig Fuller said on camera.
Investors valued FreightWaves at $300M in its March 2021 funding round, as the founder said on camera.
FreightWaves has raised $91.4M across seven funding rounds. The latest was a $16M funding round in March 2021.
No. FreightWaves is a private company, so its shares aren't traded on a stock exchange.
FreightWaves had 215 employees in October 2024, according to LinkedIn.
Craig Fuller is the CEO of FreightWaves and co-founded the company in 2016. Nathan Latka interviewed Craig Fuller in September 2022.
Craig Fuller, Nishita Cummings and William O'Donnell founded FreightWaves in 2016.
27 said on camera · 1 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice. The Latka List ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.
Updated Oct 29, 2026Data disclaimerReport a correctionClaim this profile