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DGAP-News News vom 29.08.2019

SHIPSTA: Shipsta Secures Millions in Funding for its Unique and Revolutionary Digital Logistics Concept

DGAP-News: SHIPSTA / Key word(s): Financing/Corporate Action

29.08.2019 / 13:34
The issuer is solely responsible for the content of this announcement.


Hamburg, 29.08.2019 - SHIPSTA is unique in delivering a digitisation boost in the logistics industry via crowdsourcing and artificial intelligence - digitally procuring freight rates has never been so easy. Well-known investors have recognised this: RTP Global and MANGROVE CAPITAL PARTNERS are supporting SHIPSTA with a generous amount in the millions.

The Luxembourg company SHIPSTA has carried out a round of financing in the mid-seven-digit range. The established venture capital companies RTP Global Investments and Mangrove Capital Partners were acquired in the pre-series A-round. "The logistics industry is lagging behind in the digitisation process - and so often remains inefficient," says Anton Inshutin, Managing Partner at RTP Global. "We like SHIPSTA's ambitious vision of developing a marketplace for e-procurement that massively simplifies all processes and integrates all transport routes."

Hans-Jürgen Schmitz, co-founder of Mangrove Capital Partner, also praises SHIPSTA: "Industry expertise and team experience are especially key if you want to score digital-innovation points in an established industry like logistics. SHIPSTA's founding team impressed us with its comprehensive product knowledge and sales experience. SHIPSTA's ability to acquire big clients for its product early on is great proof of this."

An Investment in the Logistics of the Future

SHIPSTA plans to invest the newly acquired capital in the revolutionary marketplace, which is unique in the sea freight sector. The associated crowdsourcing and AI projects will also be pushed forward to bring shippers and carriers together as easily and quickly as possible, optimally bundling freight volumes together on the SHIPSTA platform. "We are proud that we have been able to win over such successful investors with our SHIPSTA concept," says Christian Wilhelm, founder and CEO. "We believe that we have the leading solution for the digital and autonomous procurement of freight volumes with SHIPSTA."

SHIPSTA was founded by Christian Wilhelm (CEO), Stefan Maratzki (CTO) and Oliver Ritzmann (CCO) as CLEAR LOGISTICS in 2015. The innovative software company is based in Luxembourg, has a digital hub logistics branch in Hamburg, and has become one of the market leaders for e-logistics applications in Germany. The specific focus is on e-procurement - electronic transport market procurement. The e-procurement platform optimises procurement and tendering processes and digitally links shipping agents with freight forwarders. SHIPSTA's clients include global companies from sectors including food, high tech, pharma and automotive.
About RTP Global
RTP Global, formerly ru-Net, is a venture capital company that invests in international technology start-ups. Since being founded in 2000, RTP Global has invested in more than 40 technology companies worldwide. This includes European technology companies like Yandex and Delivery Hero, both of which RTP Global has supported both financially and professionally. RTP Global invests in industries in which the company has relevant expertise and sees high growth potential. This includes areas such as artificial intelligence, foodtech, healthtech, entertainment (including sport), mobility, transportation, proptech, fintech and e-commerce.

About Mangrove
Mangrove is one of the leading European venture capital companies. Since being founded in 2000, it has focussed on the early/first phase financing of ambitious technology projects with global market potential. Well-known companies that Mangrove has supported since being launched include companies like K-Health, RedPoints, Skype, Walkme and Wix. Mangrove primarily invests in Europe and Israel.

Press contact:
Griffel & Co Kommunikation GmbH
Gina Herkenberg
Forsmannstraße 8 b
22303 Hamburg
Tel.: +49 40 609 458 600

29.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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