What is Ship Angel?
Ship Angel is developing a centralized global platform designed to streamline shipping rates. The company's core offering aims to serve as a single source of truth for all shipping rates, enriched with critical data points to enable informed decision-making for businesses managing complex logistics. This strategic focus positions Ship Angel to address inefficiencies in the current shipping rate landscape.
How much funding has Ship Angel raised?
Ship Angel has raised a total of $5M across 1 funding round:
Other Financing Round
$5M
Other Financing Round (2024): $5M with participation from Newark Venture Partners, Bienville Capital Management, Plug and Play Tech Center, and Glasswing Ventures
Key Investors in Ship Angel
Newark Venture Partners
Newark Venture Partners is a venture capital firm specializing in early-stage funding and strategic support for innovative startups, particularly in healthcare and technology.
Bienville Capital Management
Bienville Capital Management offers asset management and advisory services across public and private markets, focusing on tailored investment strategies for institutional investors and family offices.
Plug and Play Tech Center
Plug and Play Tech Center is an early-stage investor, accelerator, and corporate innovation platform with a global presence, supporting startups across various industries.
What's next for Ship Angel?
The substantial enterprise-level funding indicates Ship Angel is poised for significant scaling and market expansion. This strategic investment will likely fuel product development, enhance platform capabilities, and broaden its global reach. The company's trajectory suggests a move towards solidifying its position as a key player in the logistics technology market, potentially exploring new data integrations and partnerships to further optimize shipping rate intelligence for its clients.
See full Ship Angel company page
