<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=248564&amp;fmt=gif">
See Xeneta in action
Learn more about the platform in your own way.
Customized Product Tour

Schedule a personalized demo of the Xeneta platform tailored to match your container shipping and air cargo procurement strategy.
Schedule Now
Live Group Product Tour

Shed light on the volatile container shipping and air cargo market with real-time, neutral freight rate data. Join our weekly LIVE 15-minute group demo to see for yourself.
Sign up Here

" >

" data-form-redirect="https://www.xeneta.com/xeneta-live-group-demo-thank-you-" >
1 min read  | Company

Xeneta's Next Chapter: Announcing our Series C Funding of $28.5M

Patrik Berglund  | June 17, 2021

The past year has been insane for our everyday lives and for our industry. So much has changed, and as you know, change is the only constant. Though COVID-19 has brought a ton of challenges to all of us in all shapes and forms, we have grounded ourselves in our values of "transparency builds trust", "modernization through data", "variety and fairness" and "Xeneta is One". This has carried us through, and today, I am happy to announce that we have secured a Series C funding round of $28.5 million led by NY-based hedge fund, Lugard Road/Luxor Capital, with existing investors Creandum and Investinor also participating. 

Our new investment will help accelerate our mission to bring transparency and efficiency to ocean and air freight procurement. To be the single-source of rate truth in the industry. We will continue working to develop data-driven insights for freight procurement at scale, support the continued growth of our global footprint and fuel our passion for continued data innovation.

I am super proud of the team and the entire Xeneta family, for everything we managed to pull through in a challenging year. We are more ready than ever to grow the company. 

We will invest heavily into what our customers need to navigate the current supply chain disruptions, improve our user experience and provide additional data insights so they are always one step ahead of the market. 

A big thank you to our customers who have supported us every step of the way and have been with us on this journey. We are forever grateful. 

I'm excited about what's to come and the opportunity ahead. The industry is ready now.

Read the full announcement here


Get in front of the line

Sign up and be the first to know every time we release new content.