visibility providers

Supply chain snarls lead project44 to record growth in Q4

Project44 provides additional insight into quarterly topline, margin trends

Real-time supply chain visibility provider project44 reported record quarterly bookings during the fourth quarter. The privately held, venture-backed company said annual recurring revenue (ARR) bookings were $12.7 million during the period, 168% higher year-over-year and 3% above plan.

The fourth-quarter result put total 2021 ARR bookings at $96.2 million for the Chicago-based company.

Professional services bookings were $2.1 million in the period. Consolidated revenue as defined by generally...

https://www.freightwaves.com/news/supply-chain-snarls-lead-project44-to-record-growth-in-q4

project44 initiates aggressive global expansion amid COVID, supply chain crisis

Project44, a leading real-time transportation visibility provider, is meeting the challenge of COVID-19 and the supply chain crisis head-on, with an ambitious plan to grow aggressively in multiple global regions, including Latin America and Southeast Asia.

Recent acquisitions by project44, conversations with company executives, key new hires and documents obtained by FreightWaves tell the story of the visibility startup’s evolving approach to international expansion.

Adam Compain, senior vice...

https://www.freightwaves.com/news/project44-initiates-aggressive-global-expansion-amid-covid-supply-chain-crisis