GoodShip raises $25 million to expand AI freight management platform

GoodShip, a freight orchestration platform, has raised $25 million in Series B funding to expand its platform and accelerate investment in artificial intelligence for freight management.

The funding round was led by Greenfield Partners with participation from Bessemer Venture Partners, Ironspring Ventures, Chicago Ventures, and FUSE VC. The company plans to use the funds to enhance its AI capabilities, grow its team, and deepen engagement with enterprise customers.

The platform, which serves large shippers including Tropicana, KeHe Distributors, Kellanova, and KBX Logistics, replaces manual and spreadsheet-based freight processes with centralised systems for planning, procurement, and performance management. GoodShip reported that customers have seen a 3–5% reduction in transportation spend and a 20% decrease in late shipments.

“For too long, freight management has been a black box—decisions made reactively and data scattered across countless systems,” said Ryan Soskin, co-founder and CEO of GoodShip. “GoodShip changes that by unifying data, surfacing the insights that matter, and giving teams smarter, more automated ways to procure and optimise their networks.”

The latest round brings GoodShip’s total funding to over $40 million. The company has opened a new headquarters in Bellevue and is hiring across functions. Greenfield Partners Principal Itay Inbar said, “GoodShip is redefining a trillion-dollar industry with a novel approach and rapid AI innovation – unifying procurement and visibility in a platform that’s already proving its value at enterprise scale across the world’s largest shippers.”

Andrew Dafnos, Director of Supply Chain at KeHe Distributors, said, “GoodShip has transformed our transportation procurement into a faster, more automated, and fully data-driven process. With real-time market visibility for our team and self-serve scorecards for our carriers, our network is both more resilient and more responsive to pricing shifts.”