Wiz Freight

Wiz Freight

Wiz | Digital Freight Forwarder for modern-day logistics.

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$11.2m

Series B
Total Funding000k
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Wiz Freight, founded in 2020, is a tech-enabled digital freight forwarder that aims to revolutionize the logistics industry, particularly in emerging markets. The company leverages a proprietary, AI-powered platform to streamline and optimize the shipping process for its clients. This platform offers features such as instant capacity discovery, dynamic pricing, optimized routing, door-to-door visibility, and automated document workflows. These capabilities save clients significant time and resources, making the shipping process more efficient and transparent.

Wiz Freight serves a diverse range of clients, including thousands of leading brands that require reliable and efficient shipping solutions. The company operates in the global logistics market, focusing on air shipments, bulk shipping, and customs trade. By providing a comprehensive suite of services, Wiz Freight caters to businesses that need to move their products and materials quickly, safely, and cost-effectively.

The business model of Wiz Freight is centered around its digital platform, which facilitates end-to-end operations for freight forwarding. Clients can book shipments in less than a minute, access instant rates across major trade lanes and shipping lines, and track their cargo in real-time with live GPS updates. This level of service is particularly appealing to businesses looking for modern, tech-driven solutions to their logistics needs.

Wiz Freight generates revenue through various streams, including service fees for freight forwarding, premium features on its platform, and tailored financing solutions for clients. By offering flexible freight financing, Wiz Freight helps businesses manage their cash flow and invest in their growth.

In summary, Wiz Freight is a disruptive player in the logistics industry, providing a digital, AI-powered platform that simplifies and optimizes the shipping process for businesses worldwide.

Keywords: digital freight forwarder, AI-powered platform, logistics, air shipments, bulk shipping, customs trade, dynamic pricing, real-time tracking, flexible financing, emerging markets.

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