Xeneta, founded in 2012, is a transformative force in the shipping and logistics industry. With its headquarters in Oslo, Norway, and regional offices in New York and Hamburg, the company leverages advanced market analytics to enhance the transparency and efficiency of ocean and air freight rate benchmarking.
The platform, which boasts a comprehensive database of over 400 million contracted container rates and coverage of more than 160,000 global trade routes, empowers stakeholders with critical insights into market behavior. It stands out for its ability to report live on market trends, assisting users in managing both short and long-term contract strategies effectively.
Positioning itself in the data analytics and logistics tech sectors, Xeneta attracted an $80.00M investment in a Late VC round as of September 1, 2022. The round featured prominent investors like Point Nine, Smedvig Capital, Creandum, Apax Digital, and Lugard Road Capital, highlighting the company's robust growth prospects and market relevance.