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Wiz Freight
Wiz | Digital Freight Forwarder for modern-day logistics
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 dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | ↗ |
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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- DRDaniel Richner
Foundamental
Arali Ventures
Series A3 investors entered at this stage
SBI Investment
Nippon Express- UVUnikon Shipping Ventures
Series B and later3 investors entered at this stage
Stride Ventures
Tiger Global
Alteria Capital
Other known investors1 additional known investor
NX Global Innovation Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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