11th Annual Momentum Awards Celebrate Emergent Technologies, Leaders and Opportunities in Chicago’s Entrepreneur Community
CHICAGO – November 20, 2018 – FourKites, the leader in predictive supply chain visibility, received the Rising Star Momentum Award at the 11th Annual Momentum Awards Dinner, hosted by startup incubator 1871 and the Chicago Entrepreneurial Center. The event honors companies that are on track to become the next great companies to emerge in Chicago.
FourKites founder and CEO Matt Elenjickal started building FourKites while attending Northwestern University’s Kellogg School of Management. Through Kellogg’s partnership with 1871, Elenjickal utilized the organization’s facility and programs to hone the initial product, network with investors and other entrepreneurs, and meet with potential customers.
“1871 provided invaluable resources to us when we were first building FourKites,” said Elenjickal. “Our team is honored to receive this award, and we are proud to contribute to Chicago’s vibrant and growing entrepreneurial community.”
“FourKites represents the collaborative and innovative spirit of Chicago’s tech and entrepreneur community,” said 1871 CEO Betsy Ziegler. “1871 is proud to award this recognition to FourKites, whose success reinforces the fact that Chicago is one of the best places in the world to build a business.”
1871 is a not-for-profit organization that exists to inspire, equip, and support founders to build great businesses. It is the home of ~500 high-growth technology startups and ~1,500 members supported by an entire ecosystem focused on accelerating their growth and creating jobs in the Chicagoland area. Located in a 140,000 square-foot space in The Merchandise Mart, 1871 has 500 current mentors available to its members, as well as more than 100 partner corporations, universities, education programs, accelerators, venture funds and other organizations that make its extensive matrix of resources possible. Visit www.1871.com for more information.
FourKites is the fastest-growing predictive supply chain visibility platform, delivering real-time visibility and predictive analytics for the broadest network of Fortune 500 companies and third-party logistics firms. Using a proprietary algorithm to calculate shipment arrival times, FourKites enables customers to lower operating costs, improve on-time performance, and strengthen end-customer relationships. With a network of more than four million GPS/ELD devices, FourKites covers all modes including ocean, rail, parcel and over-the-road. The platform is optimized for mobile and equipped with market-leading end-to-end security. To learn more, visit https://www.fourkites.com.
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