Starboard Raises $5.5M to Advance AI-Powered Logistics Solutions
Starboard is redefining how freight forwarders manage operations.
Company Name: Starboard
Location: Toronto, Canada
Industry: AI-Powered Logistics and Freight Management
Funding Details:
Amount: $5.5M
Investors: Eclipse (Lead), Garuda Ventures, Everywhere Ventures
Purpose of Investment:
The funds will be used to build an engineering team in Toronto and accelerate Starboard’s product development roadmap.
Leadership:
CEO: Sumeet Trehan
Product:
Starboard provides AI-driven logistics solutions, with its flagship product being an AI-powered Transportation Management System (TMS) and rate management platform designed for mid-sized freight forwarders. Key features include:
- Starboard Control Tower: Streamlining shipment operations by automating data entry, document generation, regulatory filings, and vendor follow-ups.
- AI-Enhanced Quoting Tool: Delivering real-time quotes with increased accuracy and speed through machine learning models.
About the Company:
Combining legacy logistics expertise with advanced tech from industry leaders like Flexport, Maersk, Google, and LinkedIn, Starboard is redefining how freight forwarders manage operations. Its platform enables efficiency, scalability, and competitive edge in global trade logistics.
With new funding and a focus on product innovation, Starboard is poised to lead the next generation of AI-powered logistics solutions, making global trade smarter and more efficient.
