Portex
Logistics procurement & management
- 21-100 employees
- B2B
- Logistics
- Transport
- Supply Chain
- SaaS
- SoMa, San Francisco, CA
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Company mission
To make freight procurement and payment simple, standardized and transparent for all.
Our take
Small and mid-sized companies often lose out on freight bids due to fragmented communication and time-consuming manual tasks. Portex’s target customer base is SMEs, for whom it has built a cloud-based platform to centralize communication with all stops in the freight and logistics pipeline.
Its platform helps the underserved SME market to manage freight bids, quotes, shipment status and carrier performance. Its broker-agnostic system also means that freight shipping companies can balance their pricing and service needs with the requirements of these SMEs as they bid for their space.
Portex has enjoyed steady growth since its founding in 2020. In 2024, it was reported that the company was on track to reach $100 million in annualized freight booking. It has also raised considerable funding that has helped to accelerate its AI product development.
Steph
Company Specialist at Welcome to the Jungle
Funding (1 round)
Sep 2024
$6.3m
SEED
Total funding: $6.3m
Leadership
Brittany Ennix
(Founder & CEO)Previously a Global Account Executive at Flexport. They also worked in Business Development at Uber and Sidecar Technologies and worked in Strategic Partnerships and Growth for Soldsie.