FourKites Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 600

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 31

FourKites General Information

Description

Developer of a predictive supply chain platform designed to track the shipment location and proactively manage exceptions. The company's platform predicts when shipments will arrive at scheduled stops, monitors load temperatures, and processes actionable supply chain data from trucks and trailers to cargo ships, enabling businesses to lower their operating costs, improve on-time performance, and strengthen their customer relationships.

Contact Information

Formerly Known As
CloudQwest
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 110 North Wacker Drive
  • Suite 4550
  • Chicago, IL 60606
  • United States
+1 (888)
Primary Industry
Business/Productivity Software
Other Industries
Logistics
Corporate Office
  • 110 North Wacker Drive
  • Suite 4550
  • Chicago, IL 60606
  • United States
+1 (888)

FourKites Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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FourKites Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Secondary Transaction - Private 30-Jun-2023 Completed Generating Revenue
9. Later Stage VC 30-Jan-2023 Completed Generating Revenue
8. Later Stage VC 27-Sep-2022 Completed Generating Revenue
7. Later Stage VC (Series D1) 22-Jun-2022 Completed Generating Revenue
6. Later Stage VC (Series D) 24-Mar-2021 Completed Generating Revenue
5. Later Stage VC (Series C) 05-Feb-2019 Completed Generating Revenue
4. Later Stage VC (Series B) 21-Feb-2018 Completed Generating Revenue
3. Early Stage VC (Series A) 12-Oct-2016 Completed Generating Revenue
2. Seed Round 26-Jan-2016 $3.65M $3.65M Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2014 Completed Generating Revenue
To view FourKites’s complete valuation and funding history, request access »

FourKites Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D-1
Series D
Series C
Series B
Series A
Seed 1 7,308,520 $0.000100 $0.01 $0.18 $0.18 1x $0.18 7.97%
Seed 4,822,660 $0.000100 $0.04 $0.48 $0.48 1x $0.48 5.26%
To view FourKites’s complete cap table history, request access »

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FourKites Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a predictive supply chain platform designed to track the shipment location and proactively manage exception
Business/Productivity Software
Chicago, IL
600 As of 2024

Atlanta, GA
 

San Francisco, CA
 
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FourKites Competitors (60)

One of FourKites’s 60 competitors is Activ Technologies, a Venture Capital-Backed company based in Atlanta, GA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Activ Technologies Venture Capital-Backed Atlanta, GA
Flexport Venture Capital-Backed San Francisco, CA
Shippeo Venture Capital-Backed Paris, France
Cargomatic Venture Capital-Backed Long Beach, CA
Forto Venture Capital-Backed Berlin, Germany
You’re viewing 5 of 60 competitors. Get the full list »

FourKites Patents

FourKites Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250078017-A1 Predictive tracking management system Pending 01-Sep-2023
US-20250053917-A1 Geofences for shipping facilities and methods for estimating milestone events in shipping facilities Pending 08-Aug-2023
US-20240362576-A1 Predictive tracking management system Pending 28-Apr-2023
US-20230394419-A1 Network tracking of truckloads and shipments Pending 02-Jun-2022
US-20240185170-A1 Network tracking of truckloads and shipments Pending 02-Jun-2022 G06Q10/0833
To view FourKites’s complete patent history, request access »

FourKites Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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FourKites Investors (31)

Investor Name Investor Type Holding Investor Since Participating Rounds
Basil Capital Family Office Minority
Fabrica Ventures Venture Capital Minority
Pine Grove Holdings Growth/Expansion Minority
SuRo Capital Lender/Debt Provider Minority
Illinois Growth and Innovation Fund Impact Investing Minority
You’re viewing 5 of 31 investors. Get the full list »

FourKites Acquisitions (3)

FourKites’s most recent deal was a Merger/Acquisition with NIC (Business/ Productivity Software). The deal was made on 18-Jan-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
NIC (Business/ Productivity Software) 18-Jan-2022 Merger/Acquisition Business/Productivity Software
Haven (Logistics) 07-Apr-2021 Merger/Acquisition Business/Productivity Software
TrackX Holdings (Yard Management Solutions) 25-Mar-2020 Merger/Acquisition Business/Productivity Software
To view FourKites’s complete acquisitions history, request access »

FourKites Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
NIC (Business/ Productivity Software) Obergünzburg, Germany 2016

FourKites FAQs

  • When was FourKites founded?

    FourKites was founded in 2013.

  • Where is FourKites headquartered?

    FourKites is headquartered in Chicago, IL.

  • What is the size of FourKites?

    FourKites has 600 total employees.

  • What industry is FourKites in?

    FourKites’s primary industry is Business/Productivity Software.

  • Is FourKites a private or public company?

    FourKites is a Private company.

  • What is FourKites’s current revenue?

    The current revenue for FourKites is .

  • How much funding has FourKites raised over time?

    FourKites has raised $292M.

  • Who are FourKites’s investors?

    Basil Capital, Fabrica Ventures, Pine Grove Holdings, SuRo Capital, and Illinois Growth and Innovation Fund are 5 of 31 investors who have invested in FourKites.

  • Who are FourKites’s competitors?

    Activ Technologies, Flexport, Shippeo, Cargomatic, and Forto are some of the 60 competitors of FourKites.

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