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Ofload

Transportation · Sydney, Australia · Founded 2019

Ofload is a digital freight forwarder operating in Australia, established in 2019 by founder and CEO Geoffroy Henry. Henry, originally from France with a background in investment banking and hedge funds, transitioned into the startup world after moving to Australia in 2013. His experience in operations at HelloFresh and as Managing Director of the last-mile logistics provider Be Cool exposed him to the significant inefficiencies within the Australian road freight industry, inspiring the creation of Ofload. The company functions as a technology-driven B2B platform that connects shippers with a network of predominantly small-to-medium-sized carriers. Its core business is to digitize and manage the end-to-end freight process, from booking and planning to delivery and payment, thereby addressing the widespread issue of trucks running empty or remaining idle. Ofload serves a range of large shippers and prominent brands, including Asahi, Kimberly-Clark, Metcash, and Noumi, connecting them with its network of over 1,600 carriers. Revenue is generated by acting as the service provider and carrier for its clients, managing the logistics process through its platform. A key feature of Ofload's service is its focus on sustainability and data analytics. The company has developed a Carbon Analytics Platform (CAP), an automated solution that enables businesses to measure, track, and report their carbon emissions from their supply chain activities. This platform, alongside its AI-enabled data aggregation tool, DataVerse, provides clients with visibility into their freight performance and helps them reduce waste and decarbonize their logistics operations. Ofload has undertaken several acquisitions to accelerate its national expansion, including CIA Logistics in 2022 and transport management company MF Freight in 2023. The company has successfully raised significant capital, with total funding reaching over $116 million through multiple rounds, including a recent $31 million financing deal that valued the company at $350 million. Keywords: digital freight forwarder, road freight logistics, supply chain technology, freight management, trucking marketplace, carbon analytics platform, transport optimization, logistics sustainability, carrier network, freight visibility, supply chain efficiency, last-mile logistics, B2B logistics, freight booking platform, transport data analytics, waste reduction logistics, Geoffroy Henry, Australian logistics, freight decarbonization, fleet utilization