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$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

FourKites, Inc.

start up
United States - Chicago, Illinois
  • 26/08/2022
  • Unknown
  • $30,000,000

FourKites is the world's leading supply chain intelligence platform, delivering real-time visibility and execution for Fortune 500 companies and third-party logistics firms across 200 countries. Using a patented artificial intelligence to calculate shipment arrival times, FourKites enables customers to lower operating costs, improve on-time performance, and strengthen end-customer relationships.

Tracking over 2.5 million shipments each day, FourKites covers all modes, nodes and signals to extend visibility beyond transportation into yards, warehouses, stores and more. The platform provides a single view of your entire supply chain and is optimized for mobile, equipped with market-leading end-to-end security.

To learn more, visit www.fourkites.com.


Related People

Mathew Joseph ElenjickalFounder

Mathew Joseph Elenjickal United States - Greater Chicago Area

FourKites is reinventing the complex and labor intensive communication systems in the Logistics and Transportation Industry by providing a cost-effective, real-time and easy-to-use cloud based software solution.

In the current but outdated system, shippers and freight brokers have no up-to-date information of the current location of their freight and arrival times. They rely on multiple phone calls to drivers and dispatchers to get accurate information. Systems like Email, Electronic Data Interchange (EDI) and Fax are all initiated after the fact, making the decision process very reactive. You have now wasted time and effort for data that could be days old. FourKites solves this problem.
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As the Founder and Chief Executive Officer of FourKites, Matt is responsible for defining and implementing the company’s vision and strategy for the team, customers and investors. Matt works closely with the company Executive Team in creating the go-to-market strategy based on the analysis and insights from market research. Matt also works closely with the company product and engineering to guide technical innovation and product roll-out; define product road-maps; prioritize feature implementations based on customer feedback and secure key intellectual property including patents and trademarks.