Shipsta

SHIPSTA is a logistics startup based in Luxembourg, founded by Christian Wilhelm, that specializes in the digital procurement of freight rates. The company operates in the logistics and transportation market, providing a platform that connects shippers and carriers to streamline the purchasing process. SHIPSTA's core product is its eProcurement Suite, which digitizes and automates the procurement of freight services, making it easier for businesses to buy freight rates online. The platform is designed to optimize transport capacities and reduce freight costs, offering a significant digitization boost to the logistics industry.

SHIPSTA serves a diverse range of clients, including shippers who need to transport goods and logistics service providers who offer transportation services. The company's business model is based on a subscription service, where clients pay for access to the platform's features and tools. Revenue is generated through these subscription fees, as well as potential transaction fees for freight orders brokered through the platform.

The company has attracted significant investment from early-stage investors such as RTP from Russia and Mangrove from the US, who have recognized the potential of SHIPSTA's innovative approach to logistics procurement. The startup is also part of the Digital Hub Logistics, further solidifying its position in the industry.

Keywords: logistics, digital procurement, freight rates, shippers, carriers, transport optimization, cost reduction, subscription model, investment, Digital Hub Logistics.