Shippeo Secures $30 Million Funding Led by Woven Capital to Accelerate Global Expansion

Shippeo, a leader in real-time multimodal transportation visibility, has raised $30 million in a strategic funding round led by Woven Capital, Toyota’s growth fund. Existing investors including Battery Ventures and Partech also participated. This funding round brings Shippeo's total funding to over $140 million, which will support the company's accelerated expansion in North America and the Asia-Pacific (APAC) region, as well as enhance its Real-Time Transportation Visibility Platform. Shippeo's platform is pivotal for creating resilient and sustainable supply chains, with the ability to track shipments across different transport modes and manage transportation risk. The investment was celebrated by Shippeo's CEO, Pierre Khoury, as a signal of confidence in the company’s vision and team. Shippeo has shown significant growth in both the North American and APAC markets, with notable partnerships and customer expansion. The company has been recognized as a leader in transportation visibility platforms, highlighting its substantial market presence and customer satisfaction. Woven Capital sees real-time transport visibility as crucial for supply chain resilience and efficiency, complementing Shippeo’s goal of expanding its service reach and capabilities.