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§ Private Profile · Chicago, IL, USA
project44 is a technology company.
project44 is a Decision Intelligence Platform that enhances supply chain visibility and connectivity, enabling businesses to make confident supply chain decisions.
project44 has raised $1.0B across 9 funding rounds.
project44 has raised $1.0B in total across 9 funding rounds.
project44 is a Chicago-based technology company founded in 2014 that builds a Decision Intelligence Platform called Movement, powered by AI for modern supply chains[1][2][5][6]. It serves shippers, third-party logistics providers (3PLs), carriers, and enterprises in sectors like automotive, chemicals, food and beverage, manufacturing, life sciences, and retail by providing real-time visibility, transportation management, and automation tools[1][2][3]. The platform solves core supply chain problems such as fragmented data, stale tracking, disruptions, and inefficiencies by connecting over 240,000 carriers, managing 1.5 billion shipments annually across 184 countries, and integrating with 1,400+ telematics and 80+ TMS/ERP systems for proactive decision-making and cost reduction[1][5]. With strong growth momentum, including recognition as one of Fast Company's Most Innovative Companies in 2024 and processing 7.3 trillion data points yearly, project44 has scaled to over 1,000 customers while evolving from freight APIs to a comprehensive AI-driven network[1][4][5].
project44 was founded in 2014 in Chicago—described as the "logistics capital of the world"—by Jett McCandless, who serves as CEO[2][4][5][7]. McCandless and the team recognized that the freight industry's stagnant financial performance, uncertain demand, and evolving customer needs were exacerbated by static, incomplete shipment data, prompting them to create the first standard web services-enabled communication platform for freight—an Integration Platform as a Service (iPaaS)[3][6]. Early traction came from cloud-based Freight APIs that enabled shippers and 3PLs to instantly connect with carriers for real-time rate quotes, dispatch automation, tracking, and delivery confirmations, saving time and reducing administrative costs[3]. Pivotal moments include over a decade of building the world's largest cohesive transportation dataset, expanding to AI-powered solutions like Movement launched around 2024, and achieving massive scale with 1.2-1.5 billion shipments processed annually[1][5][6].
project44 stands out in the logistics tech space through these key strengths:
project44 rides the AI transformation wave in supply chains, shifting from reactive visibility to proactive intelligence amid rising disruptions, e-commerce demands, and global fragmentation[1][3][6]. Timing is ideal post-2020s supply chain crises, with its decade-long API foundation now fueling AI agents for dynamic pricing, predictive analytics, and automation—addressing market forces like volatile freight rates and incomplete data that plague 3PLs/shippers[3][5]. It influences the ecosystem by standardizing freight communications, empowering 1,000+ customers and 240K+ carriers with resilient operations, and setting benchmarks for competitors, ultimately fostering sustainable, high-velocity global logistics[1][4][6].
project44 is poised to dominate as the AI blueprint for supply chains evolves toward fully autonomous operations, leveraging its data moat and expanding API ecosystem to capture more multimodal execution share[5][6]. Trends like generative AI for orchestration, regulatory pushes for transparency, and nearshoring will accelerate adoption, potentially doubling shipment volumes as enterprises prioritize resilience. Its influence will grow by influencing industry standards and partnerships (e.g., Google Cloud), solidifying its role as the architect of intelligent logistics that began with connecting shippers to capacity in 2014[3][5][7].
project44 has raised $1.0B across 9 funding rounds. Most recently, it raised $80.0M Other Equity in November 2022.
project44 has raised $1.0B in total across 9 funding rounds.
project44's investors include Chetan M., 8VC, Chicago Ventures, CMA CGM, Emergence Capital, Goldman Sachs, Omidyar Technology Ventures, Sapphire Ventures, Sozo Ventures, TPG, A.P. Moller Holding, Generation Investment Management.