GoodShip
Category: AI in Supply Chain / Logistics
An all-in-one, AI-powered platform for freight orchestration and procurement that helps shippers manage and optimize their transportation networks. GoodShip was founded in 2022. The company is led by Ryan Soskin. Based in Bellevue, USA. Team size: 11-50. Total funding raised: $40.4M. Latest round: Series B. Key investors include Greenfield Partners, Bessemer Venture Partners, Ironspring Ventures, Chicago Ventures, FUSE VC.
- Founded
- 2022
- Headquarters
- Bellevue, USA
- Team size
- 11-50
- Total funding
- $40.4M
Value proposition
To help shippers save money, improve carrier performance, and unlock critical operational insights by providing a centralized platform for data, analytics, and automation, eliminating the need for manual processes and disparate software tools.
Products and solutions
Freight Network Orchestration and Procurement Platform, Comprehensive Analytics Dashboard, Automated Carrier Scorecarding and Performance Reporting, Procurement and Bid Management Tools, Real-time Data and Recommendations
Unique value
GoodShip's primary innovation is its unified, shipper-centric platform that combines freight orchestration (managing the entire lifecycle of a shipment) with procurement (sourcing and contracting carriers). This integration provides a single source of truth, replacing the traditionally fragmented approach that relies on multiple disconnected tools, spreadsheets, and manual processes.
Target customer
Enterprise shippers and large businesses with significant freight and transportation needs looking to replace manual processes and improve efficiency.
Industries served
Logistics and Supply Chain, Retail, Manufacturing, Consumer Packaged Goods (CPG)
Technology advantage
The key advantage is the platform's ability to leverage AI and data analytics to provide actionable insights and automation. It connects directly to a shipper's TMS (Transportation Management System) to analyze performance, cost, and service levels, offering intelligent recommendations for network optimization. This data-driven approach allows for dynamic renegotiation with carriers and proactive management of the freight network, leading to significant cost savings and improved efficiency.
How they differentiate
GoodShip differentiates itself by offering an AI-powered, all-in-one platform for freight orchestration and procurement. Unlike traditional transportation management systems (TMS), GoodShip provides a 'multiplayer' experience, creating a single source of truth for both shippers and carriers to improve collaboration, analytics, and decision-making. The platform focuses on turning data into actionable insights to optimize cost and service.
Main competitors
project44, FourKites, Descartes
Key partnerships
DAT Freight & Analytics (Integration of DAT iQ for freight intelligence), Princeton TMX (Partnership with a leading multi-modal TMS provider to enhance platform capabilities)
Notable customers
Kellanova (formerly Kellogg's)
Major milestones
Secured $25 million in a Series B funding round led by Greenfield Partners., Launched an AI-powered Scenario Builder for transportation procurement., Announced a strategic partnership with DAT to integrate DAT iQ freight intelligence into its platform., Named to the FreightWaves FreightTech 25 list.
Growth metrics
The company reported a 10x revenue growth in the past year and now serves dozens of large enterprise shippers.
Market positioning
GoodShip is positioned as an innovative challenger in the freight technology market. It targets enterprise shippers with complex supply chains, aiming to supercharge their existing TMS capabilities with advanced analytics and AI-driven procurement tools rather than replacing them entirely.
Geographic focus
GoodShip's primary geographic focus is North America.
Patents and IP
Information regarding patents or specific intellectual property is not publicly available.
About Ryan Soskin
Previously served as Head of Freight at Stord and held several leadership roles at Convoy.
Official website: https://www.goodship.io/