Starboard

🚀 Exciting News from Starboard! We’ve secured $5.5M in seed funding led by Eclipse, with support from Garuda Ventures and Everywhere Ventures. This milestone accelerates our mission to empower SMB freight forwarders with AI-driven logistics solutions that: ✅ Automate workflows ✅ Boost productivity by up to 70% ✅ Cut costs by up to 50% Want to learn more about how we’re transforming global trade? Read more 👉 https://lnkd.in/eCyF_iV8 #GlobalTrade #FreightForwarding #AI #LogisticsTech #StarboardAI

Is your team ready for Chinese New Year freight challenges? With factories closed for a week, it's one of the busiest times in global trade. Managing last-minute orders, capacity constraints, and fluctuating rates can leave teams stretched thin. AI empowers freight forwarders to stay ahead. With real-time insights, faster quoting, and less manual work, your team can navigate the chaos with confidence. 💡 Read more on how AI can help you stay ahead during peak season: https://lnkd.in/eBG3MqcA #FreightForwarding #AI #GlobalTrade #LogisticsTech #SupplyChainInnovation #ChineseNewYear

Global trade hit $33 trillion this year, but it wasn’t without challenges. Freight forwarders navigated volatile markets, geopolitical tensions, and labor shortages—all while keeping goods moving. Key highlights from 2024: ✅ $1 trillion in trade growth, with ICT and apparel leading the way. ✅ Freight market recovery: Ocean freight rates surged, air freight demand grew 10% YoY. ✅ Resilience in the face of geopolitical pressures and labor disruptions. Looking ahead to 2025: Freight rate volatility, nearshoring bottlenecks, and talent shortages will make agility critical. AI will play a vital role in helping forwarders quote faster, gain real-time visibility, and streamline operations. Dive deeper into our 2024 recap and 2025 predictions on the blog: https://lnkd.in/e7k6PS9V #FreightForwarding #GlobalTrade #AI #LogisticsTech #SupplyChain

As the year wraps up, we want to celebrate the freight forwarders and logistics pros who make global trade possible and keep the world moving. Thank you for trusting us to be part of your journey. Together, we’re not just moving goods. We’re moving the industry forward. Wishing you a happy holiday season, The Starboard Team

Freight forwarders are the backbone of global trade, but outdated systems cost them time, money and opportunities. In our latest blog, Starboard's CEO Sumeet Trehan shares why AI is the game-changer SMB freight forwarders have been waiting for—and how Starboard is leading the charge to transform logistics. 🛠 From automating workflows to leveling the playing field for smaller forwarders, this is the future of global trade. Curious about the vision behind Starboard and where we’re headed next? Read more here 👉 https://lnkd.in/d6HnPE2J

Love a good holiday funding announcement from our friends at Starboard who just closed $5.5M to continue their mission to empower SMB freight forwarders with AI-driven logistics solutions. As you can imagine, the shipping industry is not the most tech forward, with super antiquated processes that slow business down. Everyone suffers when the system is backed up which is why we are super excited about Starboard's solution that automates workflows to boost productivity by up to 70%. Excited for Eclipse to join the party with our friends at Garuda Ventures. Big things ahead for Sumeet T. and this mission driven team! 🚀 🚀 🚀

Sumeet T. (Trehan) and Junyu Yang led Starboard secured $5.5M seed funding led by Eclipse, with participation from Garuda Ventures and Everywhere Ventures. Kaitlyn Glancy, Partner at Eclipse, will join Starboard board.

Big news for Starboard! 🚢 We’re thrilled to share that Starboard has secured $5.5M in funding, led by Eclipse, with continued support from Everywhere Ventures and our friends at Garuda Ventures. This is a giant leap forward in Starboard’s mission to transform global trade with AI-powered logistics solutions. Global trade is a $25 trillion industry, yet its backbone—freight forwarders—still rely on manual processes that limit efficiency and growth. Starboard is changing that by automating real-time shipment processing, document generation, and invoicing. This cuts down on operational costs by up to 50% and helps businesses compete in an increasingly complex ecosystem. Since launching its AI-powered platform, Starboard has grown shipment counts and is on track to reach $2M ARR in 2025. Recent milestones include the launch of the Starboard Control Tower, which streamlines shipment operations, automates data entry, and simplifies global trade for freight forwarders. We’re proud to have supported Sumeet T. and the Starboard team from the early days and excited to see their continued growth as they build the default digital platform for global logistics. Onward and upward, Starboard! 🚀 https://lnkd.in/eCyF_iV8 cc: Jenny Fielding, Scott Hartley, Mikaz E., Conor Harbeck, Eileen McRae #EverywhereVentures #PortfolioWin #SeedFunding #AI #GlobalLogistics #SupplyChain #Starboard

Exciting news for Toronto's AI ecosystem! We’re thrilled to congratulate Starboard on raising $5.5M to fuel their mission of transforming global trade with AI-powered solutions. Their decision to expand their engineering team in Toronto underscores our city’s growing reputation as a global hub for innovation. Welcome, Starboard, we can’t wait to see your impact. Read more at the link in the comments! Michael Keoshkerian | Stephen Lund ICD.D | Lauren Miller | Sumeet Trehan

The $225B global freight forwarding industry operates mostly with little or no technology. Across the globe, over 100,000 different companies are charged with coordinating the dozens of tasks it takes to get goods from point A to point B. They are at the mercy of countless problems that can disrupt the supply chain, from port strikes to geopolitical tensions to the basic challenge of keeping up with shifting consumer demands. They need help. Enter Starboard, which is building the operating platform for global trade. We’re thrilled to announce Eclipse’s seed investment in the company, which will help freight forwarders get in front of problems. Starboard is already seeing great traction with customers because it is led by a team that’s been in their shoes. With founders Sumeet T. (who previously worked at Flexport and Maersk) and Junyu Yang (who brings 15+ years in AI/ML experience) at the helm, we’re excited to see Starboard transform this critical physical industry. More on today's news from Eclipse Partner Kaitlyn Glancy: https://bit.ly/3BnJIgj