Wakeo SAS

Wakeo SAS, based in France, delivers a data-driven supply chain visibility platform that enhances operational efficiency for shippers and freight forwarders through real-time tracking and intelligent analytics. Founded in 2016, Wakeo SAS provides a platform for supply chain visibility. The company is headquartered in Paris, France. Co-founded by Julien Cote and Lo Marzin, Wakeo has completed a total of 4 deals, with the most recent being a Series B funding round in November 2023, raising EUR 13.

35 mn led by Statkraft Ventures, along with participation from investors including Promus Ventures and 360 Capital. The total amount raised by the company now stands at EUR 13. 35 mn, with a current valuation of EUR 62. 776 mn.

Wakeo specializes in providing a data-driven supply chain visibility platform designed to enhance operational efficiency for shippers and freight forwarders. The core offerings include real-time tracking of multimodal shipments, predictive Estimated Time of Arrival (ETA) notifications, and intelligent analytics to optimize transport plans and reduce emissions. These services cater to a diverse client base, including global companies in sectors such as logistics, manufacturing, and supply chain management. Wakeo's platform integrates seamlessly with existing systems like TMS and ERP through APIs, enabling comprehensive visibility across various modes of transport—sea, air, road, rail, and barge—across more than 180 countries.

The platform was officially launched and has since evolved to address customer needs in both domestic and international markets, focusing on creating resilient and sustainable supply chains. Wakeo generates revenue through a subscription-based model, offering its services to clients under various pricing plans tailored to their specific needs. In its most recent year, 2020, the company reported a revenue of EUR 739,941. Clients engage with the platform to access features such as predictive ETAs and real-time tracking, which allow them to optimize their logistics operations.

The business transactions typically occur through B2B partnerships where companies subscribe to the Wakeo platform to enhance their transportation visibility and management capabilities, often including annual or monthly subscription fees. In November 2023, Wakeo SAS raised EUR 13. 35 mn in a Series B funding round aimed at implementing sustainability programs, supporting international expansion, and executing product plans. The company plans to launch new products designed to enhance its platform capabilities and is targeting expansion into specific international markets to grow its client base.

The recent funding will facilitate these initiatives, with a focus on addressing customer needs and improving supply chain resilience.