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Wiz Freight

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Wiz | Digital Freight Forwarder for modern-day logistics

Chennai, IndiaFounded 2019Transportation
Valuation $50–100M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Wiz Freight and the history behind them.

About Wiz Freight

Wiz Freight, founded in 2020, is a tech-enabled digital freight forwarder that aims to revolutionize the logistics industry, particularly in emerging markets. The company leverages a proprietary, AI-powered platform to streamline and optimize the shipping process for its clients. This platform offers features such as instant capacity discovery, dynamic pricing, optimized routing, door-to-door visibility, and automated document workflows. These capabilities save clients significant time and resources, making the shipping process more efficient and transparent.

Wiz Freight serves a diverse range of clients, including thousands of leading brands that require reliable and efficient shipping solutions. The company operates in the global logistics market, focusing on air shipments, bulk shipping, and customs trade. By providing a comprehensive suite of services, Wiz Freight caters to businesses that need to move their products and materials quickly, safely, and cost-effectively.

The business model of Wiz Freight is centered around its digital platform, which facilitates end-to-end operations for freight forwarding. Clients can book shipments in less than a minute, access instant rates across major trade lanes and shipping lines, and track their cargo in real-time with live GPS updates. This level of service is particularly appealing to businesses looking for modern, tech-driven solutions to their logistics needs.

Wiz Freight generates revenue through various streams, including service fees for freight forwarding, premium features on its platform, and tailored financing solutions for clients. By offering flexible freight financing, Wiz Freight helps businesses manage their cash flow and invest in their growth.

In summary, Wiz Freight is a disruptive player in the logistics industry, providing a digital, AI-powered platform that simplifies and optimizes the shipping process for businesses worldwide.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Chennai, India
Employees
219
Open positions
None listed
Dealroom signal
56.1/100
Industry
Transportation
Sub-industry
Logistics & Delivery
Sector
Transportation
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Jan 2024 $11M $45M Tiger Global · Arali Ventures · SBI Investment · Nippon Express ↗
DEBT✓Debt Mar 2022 $0 — Tiger Global · Alteria Capital · Stride Ventures · Ramakant Sharma ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Wiz Freight website traffic

Latest recorded traffic for Wiz Freight is 780 monthly website visits, down 29.1% over the last three months. Wiz Freight's team declined 31.8% over the past year.

Latest monthly visits780 3-month web change-29.1% 1-year team growth-31.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • Ramakant Sharma
  • Axilor Ventures
  • Daniel Richner
  • Foundamental
  • Arali Ventures

Series A3 investors entered at this stage

  • SBI Investment
  • Nippon Express
  • Unikon Shipping Ventures

Series B and later3 investors entered at this stage

Other known investors1 additional known investor

  • NX Global Innovation Fund
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇮🇳 India87%
🇦🇪 United Arab Emirates6.1%
🇸🇬 Singapore1.5%
🇹🇭 Thailand1.5%
🇭🇰 Hong Kong0.8%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Wiz Freight on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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