Xeneta

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. Benchmark your ocean container freight rates with intelligent pricing data.

Xeneta was founded in 2012 by Patrik Berglund & Thomas Sørbø. The company is headquartered in Oslo, Oslo, Norway with additional offices in Hamburg, Germany and New York, US.

 

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 280 million contracted container and air freight rates and covers over 160,000 global trade routes. Some of Xeneta’s clients include General Mills, Volvo, John Deere, Amer Sports, Rockwell Automation, and CEVA Logistics.

 

Xeneta is backed by Lugard Road Capital, Creandum, Smedvig Capital, Point Nine Capital, Alliance Venture, and others. The company raised $28.5M (approx €23.89M) in Series C round on Jun 17, 2021. This brings Xeneta's total funding to $57.2M to date. The new round valued the company at $130M post-money.

 

 

  • Year founded: 2012
  • Funding Info: $57.2M over 6 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $130M as of June 17, 2021
  • City/Town: Oslo
  • State: Oslo
  • Country: Norway
Related businesses