Waterloo, Canada
Founded: 2011
Industries: Logistics, SaaS
Headquarter: Canada
Last Investment: $44.00M Venture Round investment at 16 November 2016
Last Investment Investors: Susquehanna Growth Equity
Descartes MacroPoint™ offers a multimodal freight visibility platform for shippers, brokers, and 3PLs, providing real-time visibility and predictive analytics for in-transit freight. The company's industry-leading visibility network is connected to over 100,000 carriers and millions of assets and drivers through integrations with on-board electronic logging devices (ELDs), GPS telematics devices, carrier transportation management systems (TMS), GPS-enabled smartphone applications, and location-based mobile phone triangulation. Whether shipments are on-time, behind, or ahead of schedule, customers have the tools to track any load at any time. With a solid foundation in the logistics and SaaS industries, MACROPOINT has attracted significant attention. The $44.00M venture round investment in November 2016, led by Susquehanna Growth Equity, underscores the confidence that investors have in the company's potential for growth and innovation. The company's commitment to enhancing transparency and efficiency in the freight industry positions it as a promising player in the market.
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