GlobalTranz - Company Profile - Tracxn (2024)

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GlobalTranz - Company Profile - Tracxn (1)

Tech-enabled asset light 3PL

2003Scottsdale (United States)Acquired

Last updated:

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GlobalTranz Key Metrics

Total Funding

$50M

in 2 rounds

Latest Funding Round

$40M

Series C, Sep 06, 2014

Investors

Susquehanna Growth Equity

& 7 more

Ranked

1st

among 123 active competitors

Employee Count

992

as on Dec 31, 2022

Investment & Acquisitions

TAKTIK Logistics Group

& 9 more

Similar Companies

FutureDial

& 143 more

Exit Details

Acquired

by Providence Equity Partners (Apr 03, 2019)

GlobalTranz - About the company

What does GlobalTranz do?

GlobalTranz is an asset-light tech-enabled third-party logistics. Offers 'GTZConnect' - an online platform that connects shippers with pre-vetted carriers/service providers based on their requirements and enables shippers to book freight transportation & logistics services (including LTL & FTL trucking, air & ocean forwarding, warehousing, parcel delivery, & more). Additionally, the company also empowers carriers & shippers with products such as 'GTZ partner' - a collaborative TMS (Transport Management System) and 'GTZ Integrate' - an EDI solution for integrating third-party systems.

Which sectors and market segments does GlobalTranz operate in?

  • GlobalTranz serves in the B2B space in the Transportation and Logistics Tech market segments.
  • The primary business model of GlobalTranz is:Transportation and Logistics Tech > Logistics Tech > ***** **** > ***** ******

Company Details

Which legal entities is GlobalTranz associated with?

GlobalTranz

is associated with

1

legal entit

y

given below:

Legal Entity Name

Date of incorporation

Revenue

Net Profit

Employee Count

GLOBALTRANZ ENTERPRISES, INC

Dec 31, 1999

-

-

339

GlobalTranz's acquisition details

GlobalTranz

got acquired

by Providence Equity Partners on Apr 03, 2019.

It was facilitated by

Harris Williams

,

Weil

and

Kirkland & Ellis

.

Click

here

to take a look at

GlobalTranz

's acquisition in detail

GlobalTranz's funding and investors

How much funding has GlobalTranz raised till date?

GlobalTranz has raised a total funding of $50M over 2 rounds. Its first funding round was on Jan 13, 2011.

What are the most recent funding rounds of GlobalTranz?

Its latest funding round was a Series C round on Sep 06, 2014 for $40M. 2 investors participated in its latest round, lead by Providence Equity Partners, Susquehanna Growth Equity.

List of recent funding rounds of GlobalTranz

Date of funding

Funding Amount

Round Name

Post money valuation

Revenue multiple

Investors

Sep 06, 2014

$40M

Series C

9476204

4904527

Providence Equity Partners, Susquehanna Growth Equity

Jan 13, 2011

$10M

Series A

6676206

1008016

Volition Capital

GlobalTranz - Company Profile - Tracxn (4)Access funding benchmarks and valuations.

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Who are GlobalTranz's investors?

GlobalTranz has 8 institutional investors including Susquehanna Growth Equity, Providence Equity Partners and Volition Capital.

View details of

GlobalTranz funding rounds and investors

GlobalTranz's founders and board of directors

Founder? Claim Profile

Who are the founders of GlobalTranz?

The founders of

GlobalTranz

is

Andrew Leto.

Andrew Leto

has founded

2

more compan

ies

-

10-4 Systems and Emerge.

Who is the current CEO of GlobalTranz?

Andrew Leto

is

the CEO of

GlobalTranz

.

How many employees does GlobalTranz have?

GlobalTranz has 992 employees as of Dec 22. The total employee count is 1.7% lower than what it was in Dec 21.

GlobalTranz - Company Profile - Tracxn (5)

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View details of

GlobalTranz's Founder profiles and Board Members

GlobalTranz's Competitors and alternates

Who are the competitors of GlobalTranz?

Top competitor

s

of

GlobalTranz

include

FutureDial, BlueGrace Logistics and Redwood Logistics.

GlobalTranz

ranks

1

st

among

123 active competitors.

4 of its competitors are funded while 9 have exited.

Overall,

GlobalTranz

and its competitors have raised over

$526M

in funding across

12

funding rounds involving

18

investors.

There is 1 private unicorn, 1 public and 8 acquired companies in the entire competition set.

Below is a comparison of top competitors of GlobalTranz

GlobalTranz - Company Profile - Tracxn (7)

GlobalTranz

FutureDial

BlueGrace Logistics

Redwood Logistics

Description

Tech-enabled asset light 3PL

Mobile device supply chain management platform

Provider of third party logistic services

Tech-enabled SaaS-driven 3PL service providers

Founded Year

2003

1999

2007

2001

Location

Scottsdale

(United States)

Sunnyvale

(United States)

Riverview

(United States)

Chicago

(United States)

Company Stage

Acquired

Series A

Late Stage

Acquired

Unicorn Rating

-

-

-

-

Total Funding

$50M

$3.55M

$255M

-

Funding Rounds

2

3

1

-

Latest Round

Series C, $40M, Sep 06, 2014

Series A, $2.21M, Apr 13, 2020

PE, $255M, Aug 09, 2016

-

Investor Count

8

3

1

-

Top Investors

CPP Investments, Providence Equity Partners&

6others

Venrock, Demtech&

1others

Warburg Pincus

-

Tracxn ScoreWhat is this?

65/100

56/100

52/100

50/100

Overall Rank

1st

2nd

3rd

4th

GlobalTranz - Company Profile - Tracxn (11)Get insights and benchmarks for competitors of 2M+ companies!

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Looking for more details on

GlobalTranz

's competitors? Click

here to see the top ones

GlobalTranz's Investments and acquisitions

Filter this list

GlobalTranz

has not made any

investments

yet.

GlobalTranz

has made

10 acquisitions.

Here is the list of latest three acquisitions:

Date of Investment/Acquisition

Type

Company Name

Founded Year

Location

Jun 08, 2021

Acquisition

GlobalTranz - Company Profile - Tracxn (13)

TAKTIK Logistics Group

2015

Pleasanton,

United States

Jan 16, 2020

Acquisition

GlobalTranz - Company Profile - Tracxn (14)

Cerasis

-

Oct 17, 2019

Acquisition

GlobalTranz - Company Profile - Tracxn (15)

Globalfreightsolutions.co

-

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See all

acquisitions

by

GlobalTranz

Reports related to GlobalTranz

Here is the latest report on GlobalTranz's sector:

FreeLogistics Tech - Sector ReportEdition: Aug 06, 2024 (135 Pages)

View

all reports related to GlobalTranz

News related to GlobalTranz

Filter this list

Transflo appoints Krug as CEO, Vitti named presidentTruck NewsApr 20, 2022Pegasus TransTech,

GlobalTranz

, Truckstop.com

XPO Logistics Awarded LTL Carrier Partner of the Year by GlobalTranzGlobeNewswireFeb 24, 2022XPO Logistics,

GlobalTranz

GlobalTranz, Worldwide Express Chart Course After Mergerttnews.comAug 13, 2021GlobalTranz

, Worldwide Express

Big Money pushing major 3PL mergerTransport JournalJun 18, 2021GlobalTranz

Wordwide Express and GlobalTranz Enterprises to mergePE HubJun 14, 2021Worldwide Express,

GlobalTranz

GlobalTranz - Company Profile - Tracxn (19)Get curated news about company updates, funding rounds, M&A deals and others.

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Frequently asked questions about GlobalTranz

When was GlobalTranz founded?

GlobalTranz was founded in 2003.

Where is GlobalTranz located?

GlobalTranz

is located in

Scottsdale,

United States.

Is GlobalTranz an acquired company?

GlobalTranz got acquired by Providence Equity Partners on Apr 03, 2019.

When was the latest funding round of GlobalTranz?

GlobalTranz's latest funding round was on Sep 06, 2014.

Is GlobalTranz a Logistics Tech company?

The primary sector of GlobalTranz is Logistics Tech.

View complete company profile of GlobalTranz

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GlobalTranz - Company Profile - Tracxn (2024)
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