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OpenPort logo — PAKISTAN'S LARGEST LOGISTICS AND TRUCKING PLATFORM - We are...

OpenPort

PAKISTAN'S LARGEST LOGISTICS AND TRUCKING PLATFORM - We are hiring #B2B #Trucking #Shipper #Trucker #2THEMOON 🚀 🚀

Founded 2016 Hong Kong S.a.r. Hong Kong S.a.r. 44 employees Venture round Total: $600.00K Logistics, Supply Chain

General Information

Company Name OpenPort
Founded Year 2016
Location Hong Kong S.a.r. Hong Kong S.a.r.
Employees 44
Industries Logistics, Supply Chain
Funding Stage Venture round
Social

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About OpenPort

OpenPort is a pan-Asian startup founded in 2015 with its headquarters based in Hong Kong S.a.r. The company is on a mission to revolutionize the logistics and trucking industry in emerging markets through its open, neutral, and AI-based platform. OpenPort aims to address the inefficiencies in the logistics sector, which result in the loss of 3-5% of GDP in emerging markets annually. The company prides itself on the successful movement of over half-a-million shipments, totaling more than four million tons of freight and covering over 400 million kilometers. OpenPort's platform offers complete and easy integration with clients' ERP systems, ensuring visibility, reliability, availability of trucks, security, trust, higher cash flows, and stronger sales. The last investment in OpenPort was a Venture Round at 20 September 2017, with the investor being Wavemaker. One of the unique aspects of OpenPort's platform is the transparency it provides. Users have access to real-time delivery information and are even incentivized for sharing data. The platform also includes the OpenPaid supply chain financing portal, which enhances cash flow and liquidity by creating an audit trail for goods and services. OpenPort's solutions aim to deliver transparency to suppliers, transporters, and retailers in large supply chains. The company addresses cash flow issues caused by slow and disputed paper records by providing secure digital records for full traceability from pickup to delivery. The company's disruptive approach to the logistics landscape in Asia positions it as an exciting prospect for potential investors and partners. To reach out to OpenPort, interested parties can email [email protected].

Business keywords: Trucking, Supply Chain, Emerging Markets, ERP Integration, Cash Flow Management, Supply Chain Financing, Digital Records, Visibility, Neutral Platform, Disruption

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Wavemaker
Wavemaker
20 Sep 2017
Venture Round Undisclosed 1
Wavemaker
Wavemaker
19 Apr 2017
Series A Undisclosed 2
Caldera Pacific, Susquehanna International Group (SIG)
23 May 2016
Seed Round $600.00K -
17 Sep 2015

OpenPort Alternatives & Competitors

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OpenPort vs
FourKites, Inc.
FourKites, Inc. United States

Helping the world's biggest brands turn real-time visibility data into automated execution.

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569 employees
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OpenPort vs
PorterLogic (acquired by Lucasys)
PorterLogic (acquired by Lucasys) United States

Composable ops to facilitate your unique supply chain processes.

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3 employees
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OpenPort vs
Mandrel
Mandrel United States

Inventory automation for consumer brands, powered by AI.

13 employees
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View all alternatives

FAQ About OpenPort

PAKISTAN'S LARGEST LOGISTICS AND TRUCKING PLATFORM - We are hiring #B2B #Trucking #Shipper #Trucker #2THEMOON 🚀 🚀
OpenPort was founded in 2016.
OpenPort is headquartered in Hong Kong S.a.r..
OpenPort operates in Logistics and Supply Chain. Its work centres on Trucking, Supply Chain, Emerging Markets and ERP Integration.
OpenPort has approximately 44 employees.
OpenPort has completed 4 funding rounds, raising a total of $600.00K. The latest funding stage is Venture round.
Top alternatives and competitors to OpenPort include FourKites, Inc., PorterLogic (acquired by Lucasys), Mandrel, Beacon, HashMove. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OpenPort and FourKites, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for OpenPort, https://bouncewatch.com/company/openport, updated 12 November 2024. When citing, please name BounceWatch and link this page.

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