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Founded Year

2014

Stage

Series F - II | Alive

Total Raised

$879.3M

Valuation

$0000 

Last Raised

$81.1M | 2 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-56 points in the past 30 days

About Project44

Project44 focuses on supply chain visibility in the logistics and transportation industry. The company offers a platform that provides real-time tracking of shipments and enables proactive management of inventory in transit, optimization of carrier and lane performance, and management of port congestion. It primarily serves sectors such as consumer goods, food and beverage, retail, manufacturing, and life sciences. It was founded in 2014 and is based in Chicago, Illinois.

Headquarters Location

222, West Merchandise Mart Plaza Suite 1744

Chicago, Illinois, 60654,

United States

312-376-8883

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Project44's Product Videos

ESPs containing Project44

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Warehousing & Logistics Tech

The yard management systems (YMS) market helps companies maximize their efficiency and productivity by automating and optimizing their yard operations. YMS offer increased visibility, control, and accuracy in managing yard and dock operations. YMS can also provide real-time analytics and reporting, enabling faster decision-making and improved performance.

Project44 named as Leader among 11 other companies, including Infor, FourKites, and Overhaul.

Project44's Products & Differentiators

    Truckload (FTL) Visibility

    Increased visibility via real-time tracking for every truckload shipment in over 170 countries. Track by milestone, manage by exception with proactive notifications, and use enriched data and ML powered ETAs for the most accurate arrival, pickup, location, and delivery information.

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Expert Collections containing Project44

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Project44 is included in 4 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

6,669 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

1,258 items

R

Retail Tech 100

100 items

The most promising B2B tech startups transforming the retail industry.

T

Tech IPO Pipeline

257 items

The tech companies we think could hit the public markets next, according to CB Insights data.

Project44 Patents

Project44 has filed 13 patents.

The 3 most popular patent topics include:

  • artificial intelligence
  • machine learning
  • artificial intelligence applications
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/28/2022

1/16/2024

Global Positioning System, Data management, Wireless locating, Social networking services, Geolocation

Grant

Application Date

6/28/2022

Grant Date

1/16/2024

Title

Related Topics

Global Positioning System, Data management, Wireless locating, Social networking services, Geolocation

Status

Grant

Latest Project44 News

project44 Announces Enhanced Service Level Agreement Reinforcing Commitment to High-Quality Visibility Data

Dec 19, 2024

News provided by Share this article SLA Guarantees 95% Data Compliance within 60 Days to Accelerate Customer Time to Value CHICAGO, Dec. 19, 2024 /PRNewswire/ -- project44, the leader in supply chain visibility and the only High-Velocity Supply Chain Platform, has announced an enhancement to its carrier onboarding Service Level Agreement (SLA) to ensure the quality of data delivered. The SLA guarantees data quality of at least 95% within 60 days of the start of a standard implementation, where customers and their carriers follow project44's best practices. For the purposes of the SLA, project44 measures data quality across three key pillars: Data availability: Ensuring accurate data is consistently accessible. Milestone completeness: Accurately capturing and reporting all milestones. Latency: Delivering data in a timely and reliable manner. "Since partnering with project44 for real-time visibility, we've significantly increased the efficiency of our supply chain operations," says Doug Cantriel, Head of North American Transportation and Modernization at Ford Motor Company. "By leveraging project44's best practices and ensuring alignment across our carrier network, we've achieved exceptional data quality. When we provide the necessary inputs and our carriers follow suit, project44 delivers reliable, high-quality visibility data—consistently exceeding 95% in availability, completeness, and latency." "Data compliance is critical to unlocking a high-velocity supply chain," said Jett McCandless, Founder and CEO of project44. "Our technology, global reach, and customer base have established us as the leader in real-time transportation visibility. We pioneered a model of close collaboration with customers and carriers to achieve high-quality data. By holding ourselves to rigorous SLA standards, we demonstrate our market leadership and commitment to the exceptional service that our customers need." project44 led the industry in driving adoption of the three-way collaboration model to facilitate increased carrier compliance. The company provides self-service dashboards, global network connectivity, and patented AI solutions to transform data from customers and carriers into actionable insights. Customers own carrier communications starting at the CSCO-to-CXO level to drive adoption and maintain frequent updates. Carriers leverage project44's integrations to deliver accurate, up-to-date information. For added support, project44 offers premium Carrier Managed Services to further aid customers in driving carrier compliance. project44's guarantee of high-quality data is anchored in its sophisticated technological infrastructure. The company has established a comprehensive data management system that spans all modes, employing advanced data science techniques and AI-driven tools to enhance data accuracy and completeness, supported by numerous patents. With a carrier network of over 298k providers, project44 ensures unparalleled coverage and connectivity across the supply chain. Its innovative dashboards not only monitor carrier performance but also swiftly identify and rectify data quality issues, minimizing the need for human oversight. This robust technology framework allows project44 to efficiently manage over 1.5 billion shipments annually across 186 countries, including into China, delivering high-quality data that powers global high-velocity supply chain operations. About project44 project44 is on a mission to make supply chains work. Movement by project44, the only High-Velocity Supply Chain Platform, enables shippers, LSPs and carriers across the globe to reduce costs, optimize operations, deliver an exceptional customer experience and drive greater resiliency and sustainability. Having built the industry's largest and most connected ecosystem, project44 provides visibility into over 1.5 billion shipments annually for over 1,000 of the world's leading brands within manufacturing, automotive, retail, life sciences, food & beverage, CPG, and oil, chemical & gas. project44's commitment to excellence was recognized across organizations and awards including being named a Leader in the 2024 Gartner Magic Quadrant and as the "Customer's Choice" in Gartner's 2023 Voice of the Customer report, a 14-time leader on G2's Supply Chain Visibility Grid, Google Cloud Partner of the Year, and SAP Pinnacle Award winner. project44 is headquartered in Chicago with a diverse team spanning offices around the globe including Amsterdam, Bengaluru, Kraków, Shanghai and Tokyo. Learn more at project44.com. Contact:

Project44 Frequently Asked Questions (FAQ)

  • When was Project44 founded?

    Project44 was founded in 2014.

  • Where is Project44's headquarters?

    Project44's headquarters is located at 222, West Merchandise Mart Plaza, Chicago.

  • What is Project44's latest funding round?

    Project44's latest funding round is Series F - II.

  • How much did Project44 raise?

    Project44 raised a total of $879.3M.

  • Who are the investors of Project44?

    Investors of Project44 include Emergence Capital, Chicago Ventures, 8VC, Sozo Ventures, Omidyar Technology Ventures and 20 more.

  • Who are Project44's competitors?

    Competitors of Project44 include Shippeo, Overhaul, Tive, Portcast, LogiNext and 7 more.

  • What products does Project44 offer?

    Project44's products include Truckload (FTL) Visibility and 3 more.

  • Who are Project44's customers?

    Customers of Project44 include Bridgestone, ExxonMobil and Starbucks Corporation.

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Compare Project44 to Competitors

FourKites Logo
FourKites

FourKites specializes in supply chain intelligence and offers a platform that provides real-time visibility and execution across various transportation modes. The company's services include tracking multimodal shipments, optimizing inbound logistics, providing order lifecycle insights, managing inventory, and innovating yard logistics. FourKites serves a diverse range of sectors, including food and beverage, retail, consumer packaged goods, chemicals, oil and gas, manufacturing, and pharmaceuticals. It was founded in 2014 and is based in Chicago, Illinois.

Tive Logo
Tive

Tive specializes in supply chain visibility solutions within the logistics and transportation sectors. The company offers products such as trackers and passive loggers that monitor the location and condition of shipments, including factors like temperature, humidity, and shock. It primarily serves industries such as food and beverage, high-value goods, life sciences, and transportation and logistics. It was founded in 2015 and is based in Charlestown, Massachusetts.

Shippeo Logo
Shippeo

Shippeo provides multimodal transportation visibility within the supply chain industry. The company offers visibility solutions that include shipment tracking, carrier onboarding, and carbon emissions calculation, serving sectors such as automotive, consumer goods, and retail. It was founded in 2014 and is based in Paris, France.

Arviem Logo
Arviem

Arviem specializes in providing real-time cargo tracking and monitoring services, focusing on enhancing supply chain visibility and security across various industries. The company offers solutions that enable accurate location and condition monitoring of shipments, utilizing sensor-based technology to ensure the integrity and quality of cargo during transit. Arviem's services cater to cargo owners, exporters, importers, and manufacturers, particularly those dealing with high-value, sensitive, or mission-critical goods. It was founded in 2008 and is based in Baar, Switzerland.

Flexport Logo
Flexport

Flexport is a technology platform that focuses on logistics and supply chain management. The company offers services including customs brokerage, ocean and air freight, trucking, and fulfillment services. Flexport's platform enables businesses to manage their supply chain, covering aspects from order management to delivery, while also offering trade management and climate services. It was founded in 2013 and is based in San Francisco, California.

Vekia Logo
Vekia

Vekia specializes in supply chain management solutions within the retail industry. The company offers predictive analytics and demand forecasting services powered by machine learning to optimize stock levels and automate inventory management. Vekia's solutions are designed to improve performance and efficiency for retailers by simplifying supply chain processes and enabling data-driven decision making. It was founded in 2008 and is based in Lille, France.

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