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FreightWaves revenue is $30 million

FreightWaves is worth $300 million valuation

FreightWaves team size is 200 employees


How did Latka collect this data?

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Latka collected this data by interviewing FreightWaves CEO Craig Fuller on 09/16/2021

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FreightWaves

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How FreightWaves hit $30M Revenue with 700 customers in 2022.

FreightWaves is the world’s leading provider of freight market forecasting and analytics. Logistics and supply chain customers depend on FreightWaves for benchmarking, analytics, monitoring, and forecasting of pricing, capacity, demand, energy, and carbon intelligence. `.Freight tech and media.SAAS, media and events

Founded

2016

Founded

Revenue

$30M

2022 Revenue

YOY
-----

YOY

Funding

$92.4M

Funding


FreightWaves Revenue

In 2022, FreightWaves revenue run rate hit $30M in revenue.

  • 2021

    FreightWaves hit $30M in revenue in 2021

  • 2020

    FreightWaves hit $13M in revenue in 2020

  • 2019

    FreightWaves hit $9M in revenue in 2019

  • 2017

    FreightWaves hit $1M in revenue in 2017

  • 2016

    FreightWaves launched in 2016 with $0 revenue

800.00% ▲44.00% ▲131.00% ▲$1M$9M$13M$30M

FreightWaves Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2021 Private Equity Round

    FreightWaves raised a Private Equity Round of $16M at a $300M valuation in March 2021

  • 2020 Private Equity Round

    FreightWaves raised a Private Equity Round of $30M

  • 2020 Venture Round

    FreightWaves raised a Venture Round of $7M

  • 2019 Series B

    FreightWaves raised a Series B of $21M at a $92M valuation in February 2019

  • 2018 Series A

    FreightWaves raised a Series A of $13M at a $42M valuation in June 2018

  • 2017 Seed

    FreightWaves raised a Seed of $3.4M at a $9M valuation in November 2017

  • 2016 Seed

    FreightWaves raised a Seed of $2M at a $6M valuation in September 2016

FUNDING DATEROUNDAMOUNTVALUATION
03/14/2021 Private Equity Round $16M $300M
07/24/2020 Private Equity Round $30M
04/01/2020 Venture Round $7M
02/25/2019 Series B $21M $92M
06/12/2018 Series A $13M $42M
11/13/2017 Seed $3.4M $9M
09/14/2016 Seed $2M $6M

Team

FreightWaves has 200 total employees They have 700 customers

20172020202116▲-15▼
DISTRIBUTIONQTY
Total team size
200
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Craig Fuller

Craig Fuller is the CEO and founder of FreightWaves, the leading provider of data and analytics for the global logistics industry. FreightWaves provides the fastest view of transportation and logistics market activity, across all modes. The company is also the No.1 source for media and market analytics in the global freight industry. Prior to founding FreightWaves, he was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. He also has been deep in the freight industry, having founded and managed the largest provider of on-demand trucking services in North America, the Xpress Direct division of US Xpress Enterprises. Craig Fuller: Chief Executive Officer & Founder Craig Fuller is the CEO and founder of FreightWaves, the leading provider of data and analytics for the global logistics industry. FreightWaves provides the fastest view of transportation and logistics market activity, across all modes. The company is also the No.1 source for media and market analytics in the global freight industry. Prior to founding FreightWaves, he was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. He also has been deep in the freight industry, having founded and managed the largest provider of on-demand trucking services in North America, the Xpress Direct division of US Xpress Enterprises.

Q&A

What`s your age?

42

Favorite online tool?

Linkedin

Favorite book?

Art of War

Favorite CEO?

Michael Bloomberg

Advice for 20 year old self

Not sure.


Customers

FreightWaves has 700 customers.

Lifetime Months

-

x

Monthly ARPU

$2K

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$25K

$0$25K024681012
$0$25K024681012

Churn

FreightWaves has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About FreightWaves

Monthly Revenue

$2.5M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

130.77%

=

Rule of 40

131


FreightWaves Board of Directors

NamePosition

FreightWaves Executives

NamePosition
Craig Fuller CEO

FreightWaves Employees

NamePosition
Craig Fuller CEO

Frequently Asked Questions about FreightWaves

When was FreightWaves founded?

FreightWaves was founded in 2016.

How much revenue does FreightWaves generate?

FreightWaves generates $30M in revenue.

Who is the CEO of FreightWaves?

The CEO of FreightWaves is Craig Fuller.

How much funding does FreightWaves have?

FreightWaves was raised $92.4M.

How many employees does FreightWaves have?

FreightWaves has raised 200 employees.

Where is FreightWaves headquarters?

FreightWaves headquater is at United States