In an era where global trade routes are disrupted by everything from geopolitical tension to extreme weather events, visibility has become an imperative. Leading this transformation is Shippeo, a French scale-up from our Smart Mobility market group that has established itself as an expert in real-time multimodal transportation visibility. 

Today, Shippeo is empowering some of the world’s largest shippers and logistics providers to go beyond simple tracking. By leveraging advanced artificial intelligence and deep integration capabilities, the company enables enterprises to build what it terms antifragile supply chains: networks that can withstand shock and disruption.

Shippeo's founding vision

Shippeo’s origins trace back to 2014, a time when the consumer world was rapidly digitising. The company’s co-founders, Pierre Khoury and Lucien Besse, were not originally logistics veterans in the traditional sense – at the time, they were working in private equity and restructuring.

They encountered a recurring, systemic flaw across the transport and logistics companies they managed. Despite the high value of goods being moved and the critical nature of delivery timelines, the industry was plagued by opacity. Decisions were frequently made based on outdated information, and "visibility" often meant a phone call to a driver or a manual spreadsheet update.

Without real-time data, shippers could not anticipate delays, leading to production halts for manufacturers and empty shelves for retailers. Recognising that manual coding and fragmented communication were bottlenecks limiting agility, they envisioned a platform that would automate these flows. In other words, they set out to build a digital bridge between shippers, carriers, and end-customers.

Transforming automated visibility

The company officially embarked on this journey with a mission to deliver a Real-Time Transportation Visibility Platform that prioritised data quality and carrier connectivity. Unlike early competitors that focused solely on tracking, Shippeo understood that true visibility requires granular, multimodal data.

Today, Shippeo’s platform is able to accelerate automation across the entire transportation lifecycle. The solution integrates with an ecosystem of over 1,000 Transport Management Systems and telematics devices, tracking more than 90 million shipments annually across 150 countries. This data feeds the company’s proprietary machine learning algorithms, which calculate Estimated Time of Arrival with impressive accuracy.

The technology addresses four critical domains of modern logistics:

1. Multimodal tracking: Whether goods are moving by road, ocean, air, or rail, the platform provides a unified view. This is important for global enterprises where a single shipment might traverse multiple different modes of transport before reaching its final destination.
2. Predictive analytics: By analysing traffic patterns, weather conditions, border wait times, and driver hours-of-service regulations, Shippeo alerts users to potential delays hours or even days in advance.
3. Transport process automation: Shippeo has pioneered the automation of downstream workflows. The platform can trigger automatic customer notifications, manage dock scheduling, and streamline dispute resolutions, thus reducing the administrative burden on logistics teams.
4. Sustainability and carbon visibility: Shippeo has integrated CO2 measurement into its offering to align with increasing regulatory standards such as the EU’s Corporate Sustainability Reporting Directive. This allows companies to calculate Scope 3 emissions at the shipment level.

Navigating growth and global ambitions

Scaling a deep-tech company in the logistics sector presents unique challenges. Supply chain visibility requires deep operational integration with numerous carriers, ranging from massive fleets to independent owner-operators. Shippeo has navigated this complexity by adopting a dual-focus strategy: maintaining its presence in the European market while also expanding its footprint in North America and the Asia-Pacific region.

The results of this expansion have been substantial. In recent years, Shippeo has recorded a 40% year-over-year growth in its North American customer base and a 92% increase in shipments tracked within the region. This success signals that the company’s focus on high-fidelity data resonates across regional and cultural divides. 

By ensuring portability and integration with major cloud platforms and ERPs (such as SAP and Oracle), Shippeo has made it easier for multinational corporations to migrate their legacy operations into a modern, automated environment.

Funding and new strategic horizons

Shippeo’s global ambitions have been supported by robust and strategic investment. The company has raised approximately €120 million in total funding, a testament to investor confidence in its long-term value proposition.

Notably, in January 2025, Shippeo announced a strategic €25 million funding round led by Woven Capital, the growth equity fund of Toyota. Their investment serves as a validation of Shippeo’s technology as the modern standard for supply chain efficiency.

Supported by existing investors such as Battery Ventures, Partech, and NGP Capital, this fresh capital is earmarked for specific strategic initiatives. Shippeo is using the funds to further strengthen its international presence and accelerate the development of its AI capabilities. The focus is on the next generation of supply chain intelligence.

The global economy is increasingly acknowledging supply chain resilience as a direct measure of business health. The era of cheap, predictable logistics is over – the modern landscape demands agility, data sovereignty, and rapid decision-making and Shippeo is answering the call.

About the EIC Scaling Club

The EIC Scaling Club is a curated community where 120+ European deep tech scale-ups with the potential to build world-class businesses and solve major global challenges come together with investors, corporate innovators and other industry stakeholders to spur growth.

The top 120+ European deep tech companies will be carefully selected from a pool of high-growth scale-ups that have benefitted from EIC financial schemes, other European and national innovation programmes, and beyond.

The EIC Scaling Club is an EIC-funded initiative run in partnership by Tech Tour, Bpifrance (EuroQuity), Hello Tomorrow, Tech.eu (Webrazzi), EurA and IESE Business School.

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