PortPro

Transportation management system for drayage carriers

Jersey City, New Jersey, United States

About PortPro

PortPro specializes in transportation management systems (TMS) specifically designed for container drayage carriers, which transport goods over short distances, often from ports to warehouses. Their main product, drayOS, helps these carriers manage shipments and communicate with customers more effectively. The system includes features like AI-based order entry, customer portals, and real-time container tracking, which enhance operational efficiency. Unlike many competitors, PortPro offers its TMS as a software-as-a-service (SaaS), allowing clients to subscribe for ongoing access and support. The company's goal is to provide a user-friendly platform that improves the logistics process for drayage carriers, ensuring they can deliver timely updates and maintain clear communication with their clients.

Jersey City, New JerseyHeadquarters
2019Year Founded
$11.7MTotal Funding
SERIES_ACompany Stage
Automotive & Transportation, Enterprise SoftwareIndustries
51-200Employees

Risks

Emerging competition from other TMS providers could erode PortPro's market share.
Economic fluctuations may impact PortPro's subscription-based revenue model.
New transportation regulations could necessitate costly software adjustments for PortPro.

Differentiation

PortPro's drayOS offers AI-based order entry and real-time container tracking.
PortPro launched the first-ever drayage TMS with an embedded email inbox in June 2024.
PortPro's TMS solutions are tailored specifically for drayage carriers and brokers.

Upsides

PortPro ranks #84 on Deloitte's Fast 500, showcasing rapid growth.
The drayage industry is projected to grow from $6.1 billion in 2022 to $8.3 billion by 2027.
PortPro raised $12 million in Series A funding, boosting its expansion capabilities.

Funding

Total raised$11.67 M
Latest valuation$60.00 M
StageSERIES_A
SERIES A
12/31/2022
$12
$60.00 M