Xeneta is a leading ocean freight price benchmarking and market intelligence platform that is transforming the shipping and logistics industry.
Xeneta provides container freight pricing transparency with one platform in real time & on demand.
Xeneta was founded in 2012 by Patrik Berglund and Thomas Sørbø. The company is headquartered in Oslo, Norway with regional offices in New York and Hamburg.
Xeneta's platform provides liner-shipping stakeholders the data they need to understand current and historical market behavior – reporting live on market average and low/high movements for both short and long-term contracts.
Xeneta platform uses big data analytics to provide unprecedented transparency changing the underlying business processes of the industry, which up until Xeneta's grand entrance. Its turnkey software platform holds 12+MN spot and long-term contracted rates for 60+K trade lanes.
Xeneta’s data comprises over 300 million contracted container and air freight rates and covers over 160,000 global trade routes. Some of Xeneta’s clients include Electrolux, Unilever, Nestle, Zebra Technologies, Thyssenkrupp, Volvo, General Mills, Procter & Gamble, and John Deere.
Xeneta is backed by Creandum, Apax Digital, Lugard Road Capital, Smedvig Capital, Point Nine Capital, Alliance Venture, and others. The company raised $80M in a new round on Sep 13, 2022. This brings Xeneta's total funding to $137.2M to date. The latest round nearly doubled the company's valuation to a $265M, up from previous $130M in Series C raised in Jan 2021.