GoodShip Secures $25M to Drive AI Innovation in Freight Management
GoodShip, a leading platform in freight orchestration, has closed a $25 million Series B funding round led by Greenfield Partners, with additional support from Bessemer Venture Partners, Ironspring Ventures, Chicago Ventures, and FUSE VC. This investment follows a year of significant growth, with the company increasing revenue more than tenfold in 2024.
Trusted by major enterprise shippers such as Tropicana, KeHe Distributors, Kellanova (formerly Kellogg Company), and KBX Logistics, GoodShip is reshaping how freight operations are managed in an industry still heavily reliant on spreadsheets.
Transforming Freight Management with Data and AI
Freight management often involves reactive decisions and scattered data. GoodShip addresses this by centralizing freight data into one platform that offers real-time insights and streamlines procurement and performance management. This approach replaces manual workflows and spreadsheets, giving teams greater visibility and control.
Customers have seen tangible results, including a 3-5% reduction in transportation costs compared to the market and a 20% decrease in late shipments. These improvements translate into millions saved annually and a more reliable supply chain.
Investing in AI to Enhance Freight Operations
With the new funding, GoodShip plans to accelerate its AI capabilities to improve decision support, reduce operational friction, and move closer to automated freight execution. The company aims to unify procurement and visibility in one platform that supports complex freight networks at scale.
Itay Inbar, Principal at Greenfield Partners, highlighted GoodShip’s role in setting a new standard for freight operations by combining rapid AI innovation with enterprise-grade solutions.
Expanding Capacity and Customer Engagement
GoodShip is growing its team and platform to meet increasing demand, opening a new headquarters in Bellevue, Washington. The company is actively hiring across various functions to support its expansion and deepen its partnerships with enterprise customers.
This latest funding brings GoodShip’s total capital raised to over $40 million, fueling its long-term vision to embed automation more deeply into freight workflows and become the go-to system for transportation teams.
Customer Success Story
Andrew Dafnos, Director of Supply Chain at KeHE Distributors, shared how GoodShip has streamlined their transportation procurement. With improved automation and real-time market visibility, their network is more resilient and responsive to pricing changes, supported by self-serve scorecards for carriers.
About GoodShip
GoodShip is a pioneer in freight orchestration and procurement platforms built specifically for enterprise shippers. By unifying fragmented supply chain data and delivering actionable insights, the platform helps teams shift from reactive problem-solving to proactive freight management across truckload, less-than-truckload (LTL), and spot markets.
Learn more at www.goodship.io.
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