Xeneta provides an AI‑driven analytics platform that continuously aggregates global ocean and air freight rates, giving shippers, forwarders, and carriers a real‑time benchmark for cost and reliability. The platform supports data‑backed tendering, cost forecasting, and index‑linked contract monitoring, helping procurement and logistics teams reduce pricing risk and improve margin visibility.
Funding
$80M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
ADFounders
Product
Problem
Shippers, freight forwarders, and carriers lack a unified, real‑time view of ocean and air freight rates, making it difficult to validate pricing, benchmark carrier performance, and anticipate market volatility. This information gap leads to pricing risk, suboptimal carrier mix decisions, and reduced margin visibility.
Solution
Xeneta offers an AI‑driven analytics platform that aggregates global ocean and air freight rate data into a single, continuously updated source of truth. The platform enables users to benchmark carriers on cost and reliability, run tenders with neutral market intelligence, and forecast freight costs based on emerging market trends. By translating raw data into executive‑ready insights, Xeneta helps supply‑chain teams plan procurement, negotiate contracts, and manage index‑linked agreements with confidence, reducing pricing risk and supporting margin growth.
Target Audience
Primary users are freight procurement teams, logistics managers, and supply‑chain analysts at large shippers, freight forwarders, and carriers who need data‑driven decision support for freight purchasing and carrier management.
Features
- Real‑time aggregation of worldwide ocean and air freight rates sourced from carriers, forwarders, and shippers
- AI‑powered benchmarking that evaluates carrier cost, reliability, and performance against market averages
- Tender management tools that use neutral market data to create competitive, data‑driven bid processes
- Forecasting engine that projects freight cost trends and identifies volatility risks for budgeting and hedging
- Index‑linked contract monitoring to track and validate rate changes against market movements
- Executive dashboards and reports that deliver actionable insights and visualizations for procurement and finance teams