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A Bigger, Bolder Vision for Digital Supply Chains

FourKites raises $100M from industry giants to bring visibility everywhere

Future of Digital Supply Chains

When we first pioneered the real-time visibility market in 2014, we had a clear mission: Connect global supply chains with real-time data and powerful machine learning. Now 1,200+ customers, 458,000+ carriers and trillions of data points later, the growing FourKites network is a testament to the power of data to transform the world’s supply chains.

And now… We are excited to share our expanded vision for automated, interconnected and collaborative supply chains — spanning transportation, warehouses, stores and more — all powered by real-time visibility data.

Welcome to the future of supply chain visibility.

READ THE EXCLUSIVE ARTICLE FROM THE WALL STREET JOURNAL

Visibility in the Warehouse

As supply chain leaders aim to bridge siloes between warehousing, distribution and fulfillment operations, it has never been more critical to connect the physical and digital worlds. Integrating real-time visibility with next-generation warehouse management systems will drive better planning, increased asset utilization, labor efficiency gains and more.

Read about Zebra’s investment in FourKites

Future of Digital Supply Chains
Future of Digital Supply Chains

Visibility on the Road

Digitization is a key component in shaping the future of transportation. From automation and sustainability to new solutions that increase up-time and predictability, real-time visibility is at the heart of the next wave of digital, collaborative supply chains.

See why Volvo Group invested in FourKites

Visibility and Automation

With agility top of mind, today’s business leaders are replacing antiquated, manual workflows with digitization and collaboration. Companies are investing in next-generation automation solutions — powered by real-time visibility — to address labor shortages, heightened customer demands, increasingly complex supply chains and more.

Read about THL’s investment in FourKites

Future of Digital Supply Chains
Future of Digital Supply Chains

Visibility Everywhere

Combining the world’s leading wireless, 5G and IoT innovator with the world’s largest supply chain visibility platform creates massive opportunities for the future of tracking devices and many other innovations that will bring real-time visibility to every aspect of supply chain operations.

See why Qualcomm Ventures invested in FourKites

Industry Leaders Collaborate on the Future of Digital Supply Chains

Watch our recent roundtable, moderated by Sarah Barnes-Humphrey of Let’s Talk Supply Chain, to learn more about how FourKites plans to collaborate with its strategic investors — Qualcomm Ventures, Volvo Group, Zebra Technologies and Thomas H. Lee Partners — to build the next generation of digital supply chains.

 

Our Timeline of Innovation

One of our favorite mottos is “Always be innovating.” In 2014, we revolutionized the supply chain industry by introducing real-time visibility, and we haven’t stopped since.

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2022

2022

2022

FourKites acquires leading European supply chain visibility provider NIC GmbH (NIC-place). The combined over-the-road, rail and ocean carrier networks of FourKites and NIC-place creates the largest multimodal carrier network in Europe.

FourKites unveils Sustainability Hub, a suite of analytics tools to provide better visibility into resource consumption and waste generation.

2021

2021

2021

FourKites introduces industry-first ETA solution for air freight—Dynamic ETA® for Air—enabling highly accurate ETAs for 100% of air shipments.

FourKites launches Dynamic ETA® for Ocean, leveraging AI to provide the market’s most accurate estimated times of arrival (ETAs) for 100% of their ocean shipments across all lanes worldwide.

2021

2021

2021

FourKites acquires Haven, Inc., and introduces Dynamic Ocean®, the next-generation, end-to-end platform for international ocean shipment visibility.

FourKites introduces Order Intelligence Hub, a single-pane-of-glass view of the entire lifecycle of every order, integrating order data, load information across modes, yard shipments, inventory visibility and other critical third-party systems.

2020

2020

2020

FourKites introduces multimodal purchase order tracking for all freight, enabling shippers, carriers and receivers to track the full lifecycle of shipments.

FourKites releases its enhanced Instant Messenger, centralizing communications between track-and-trace, dispatch, drivers and warehouse personnel that had previously been sent via third-party messaging, email and phone.

2020

2020

2020

FourKites introduces Dynamic ETA® for LTL to help shippers, carriers and 3PLs track less-than-truckload shipments with 6x more ETA accuracy than industry-standard predictions.

FourKites introduces its next-generation YMS, Dynamic Yard®, bringing real-time visibility to the yard and leveraging live data to bridge yard operations and transportation for the first time.

2020

2020

2020

FourKites introduces its Live Network Congestion Map to track interstate transit metrics, global port delays, and cross-border freight movements.

FourKites releases its FourKites Manager App for Retail, which enables retail workers and merchandisers to track last-mile shipments from local warehouses to retail outlets, in order to optimize receiving and restocking.

2020

2020

2020

FourKites releases ocean-to-rail tracking, unleashing true end-to-end visibility, and adds air shipment visibility to its platform.

FourKites introduces its free Sustainability Dashboard, which analyzes data from shippers, carriers and facilities, and identifies the highest sources of freight-related emissions.

2019

2019

2019

FourKites launches multiple industry first capabilities and product enhancements that changed the real-time visibility category, including: Recommendation Engine, Lane Connect, Smart Forecasted Arrival, Security and Compliance Solutions, Appointment Manager, and its machine learning-powered Dynamic ETA® algorithm, which analyzes 150+ data points with each geolocation update.

2018

2018

2018

FourKites launches its Advanced Analytics suite, helping users centralize disparate data across their supply chain and turn those insights into actionable strategies to improve performance*

FourKites introduces Network Visibility, giving customers unparalleled visibility into their pre-paid and collect inbound freight.

2016–2017

2016–2017

2016–2017

FourKites begins tracking less-than-truckload and rail shipments, and adds parcel tracking capabilities to its platform.

FourKites introduces end-to-end temperature tracking, allowing shippers to track the real-time temperature of a shipment throughout its journey.

2014–2015

2014–2015

2014–2015

Matt Elenjickal founds FourKites, pioneering the supply chain visibility category.

FourKites launches predictive visibility and tracking for full truckload, and signs its first customer: Smithfield!

FourKites introduces its free driver app, CarrierLink®, which supports carriers with visibility into brokered loads or assets — without ELD/GPS connectivity.

Company Growth

With a team of 550+ global employees and 250+ dedicated engineers and data scientists, we come to work each day energized and ready to tackle our customers’ biggest pain points.

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January 2015

FourKites receives its Seed funding from Hyde Park Ventures, Otter Consulting and an angel investor

April 2015

FourKites hires its first 5 employees and signs its first truckload visibility customer: Smithfield Foods!

October 2016

FourKites closes its Series A funding of $13 million, led by Bain Capital Ventures, alongside existing investors Hyde Park Venture Partners, Hyde Park Angels and Otter

April 2016

FourKites grows to 26 employees in the US and opens its Chennai headquarters with 8 employees

December 2017

FourKites reaches 75 employees in the US and 50 in Chennai

February 2018

FourKites raises $35 million Series B funding led by August Capital, with additional funding from Bain Capital Ventures and Hyde Park Venture Partners, reaching 145 US-based employees and 185 in Chennai

December 2018

FourKites crosses the 300-employee mark, with 140 employees in the US and 165 in Chennai

January 2019

FourKites signs its $50 million Series C funding, led by August Capital, Bain Capital Ventures, CEAS Investments and Hyde Park Angels, bringing the company’s total investment to $101.5 million

October 2019

FourKites opens a European headquarters in Amsterdam to meet the unique needs of its growing European user base

September 2019

FourKites Community launches, giving customers the ability to connect with other shippers and 3PLs in the FourKites network, as well as a direct line to the FourKites Product Team

October 2020

FourKites CEO Mathew Elenjickal earns Outstanding Tech CEO Momentum Award from 1871 and The Chicagoland Entrepreneurial Center

December 2020

FourKites grows beyond 500 employees, with 250 team members in the US and 260 in Chennai

March 2021

FourKites Secures $100M Series D Funding from Thomas H. Lee Partners, Qualcomm Ventures, Volvo Group Venture Capital and Zebra Technologies to infuse global supply chains with real-time visibility