GoodShip, a Nashville, TN-based all-in-one platform for freight network orchestration and procurement, has raised $8 million in Series A funding, bringing its total raised to $15.4 million.
Investors
The round was led by Bessemer Venture Partners, with participation from existing investors like Ironspring Ventures, Chicago Ventures, FUSE VC, and Cercano Management, alongside new backing from 53 Stations, Andrew Silver, Nichole Wischoff, and other notable angels.
Bessemer Venture Partners is a venture capital and private equity firm headquartered in San Francisco, with offices in India, Israel, Hong Kong, and the United Kingdom. The firm invests in enterprise, consumer, and healthcare early-to-late-stage startups.
GoodShip Use of Funds
The company will use the funds to expand the team, accelerate feature development, and support a growing roster of customers that includes many of the nation’s largest shippers.
About GoodShip
Founded by Ryan Soskin and David Tsai, GoodShip provides an all-in-one platform for analytics, carrier management, and transportation procurement. Designed to streamline freight network orchestration and procurement processes, Goodship offers comprehensive solutions for shippers to optimize their transportation operations. GoodShip supercharges any shipper TMS with a comprehensive suite of features designed to optimize spending and service outcomes. Enterprises like KBX Logistics, a Koch company, Kellanova (formerly Kellogg Company), Mark Anthony Services, and Simmons Foods are among the shippers to adopt GoodShip.
Funding Details
Company: GoodShip, Inc.
Raised: $8.0M
Round: Series A
Funding Month: May 2024
Lead Investors: Bessemer Venture Partners
Additional Investors: Ironspring Ventures, Chicago Ventures, FUSE VC, Cercano Management, 53 Stations, Andrew Silver, Nichole Wischoff
Company Website: https://goodship.io/
Software Category: Freight Network Orchestration and Procurement
Source: https://www.businesswire.com/news/home/20240516464723/en/