FOR-U Smart Freight Overview
- Year Founded
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2013
- Status
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Private
- Employees
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644
- Latest Deal Type
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Later Stage VC
- Investors
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12
FOR-U Smart Freight General Information
Description
Operator of a digital freight logistics platform designed to streamline cargo transportation and optimise shipment matching. The company's platform offers big data analytics, artificial intelligence-driven dispatching, and real-time freight tracking capabilities, enabling shippers and independent truck drivers to improve load utilisation and increase operational transparency across the logistics network.
Contact Information
Website
www.for-u.comCorporate Office
- Legal Department of Fuyou Trucks, 12th Floor, Building C1
- Zhongguancun Number 1, Number 81 Beiqing Road, Haidian District
- Beijing, 100085
- China
Corporate Office
- Legal Department of Fuyou Trucks, 12th Floor, Building C1
- Zhongguancun Number 1, Number 81 Beiqing Road, Haidian District
- Beijing, 100085
- China
FOR-U Smart Freight Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 13. Later Stage VC | 01-Oct-2023 | Completed | Generating Revenue | |||
| 12. IPO | 19-Apr-2022 | Cancelled | Generating Revenue | |||
| 11. Later Stage VC | 21-Apr-2021 | Completed | Generating Revenue | |||
| 10. Secondary Transaction - Private | 01-Apr-2021 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series D) | 05-Dec-2018 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series C2) | 02-Aug-2018 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series C1) | 01-Dec-2017 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 09-Mar-2017 | Completed | Generating Revenue | |||
| 5. Debt - General | 01-Nov-2016 | $14.9M | $126M | Completed | Generating Revenue | |
| 4. Early Stage VC (Series B) | 01-Apr-2016 | $100M | $111M | Completed | Generating Revenue |
FOR-U Smart Freight Comparisons
Industry
Financing
Details
FOR-U Smart Freight Competitors (22)
One of FOR-U Smart Freight’s 22 competitors is Loadsmart, a Venture Capital-Backed company based in Chicago, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Loadsmart | Venture Capital-Backed | Chicago, IL | ||||
| ShipHawk | Private Equity-Backed | Santa Barbara, CA | ||||
| Flexport | Venture Capital-Backed | San Francisco, CA | ||||
| Transfix | Venture Capital-Backed | New York, NY | ||||
| Forto | Venture Capital-Backed | Berlin, Germany |
FOR-U Smart Freight Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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FOR-U Smart Freight Signals
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Majestic Referring Domains
FOR-U Smart Freight Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bank of China Group Investment | PE/Buyout | Minority | ||
| MPC (Beijing) | Venture Capital | Minority | ||
| China Logistics Property Holdings | Corporation | Minority | ||
| Prospect Avenue Capital | Venture Capital | Minority | ||
| Skycus Capital | Growth/Expansion | Minority |
FOR-U Smart Freight Investments (1)
FOR-U Smart Freight’s most recent deal was a Joint Venture with Commercial Implementation of Autonomous Driving Trucks (FORU Trucking / Trunk). The deal was made on 04-Aug-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Commercial Implementation of Autonomous Driving Trucks (FORU Trucking / Trunk) | 04-Aug-2020 | Joint Venture | Logistics |
FOR-U Smart Freight FAQs
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When was FOR-U Smart Freight founded?
FOR-U Smart Freight was founded in 2013.
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Where is FOR-U Smart Freight headquartered?
FOR-U Smart Freight is headquartered in Beijing, China.
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What is the size of FOR-U Smart Freight?
FOR-U Smart Freight has 644 total employees.
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What industry is FOR-U Smart Freight in?
FOR-U Smart Freight’s primary industry is Logistics.
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Is FOR-U Smart Freight a private or public company?
FOR-U Smart Freight is a Private company.
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What is FOR-U Smart Freight’s current revenue?
The current revenue for FOR-U Smart Freight is .
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How much funding has FOR-U Smart Freight raised over time?
FOR-U Smart Freight has raised $810M.
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Who are FOR-U Smart Freight’s investors?
Bank of China Group Investment, MPC (Beijing), China Logistics Property Holdings, Prospect Avenue Capital, and Skycus Capital are 5 of 12 investors who have invested in FOR-U Smart Freight.
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Who are FOR-U Smart Freight’s competitors?
Loadsmart, ShipHawk, Flexport, Transfix, and Forto are some of the 22 competitors of FOR-U Smart Freight.
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