GoodShip, a software startup that helps companies manage shipping logistics data, raised $25 million and announced plans for a new office in Bellevue, Wash. Founded in 2022, the company’s software serves as a hub for finance, procurement, carrier management, analytics, and other data related to shipping goods across the country. GoodShip has a few dozen customers including Kellanova, Reser’s Fine Foods, Mike’s Hard Lemonade, Tropicana, and others. The startup grew its annual recurring revenue by tenfold in 2024. GoodShip CEO Ryan Soskin is based in Nashville and CTO David Tsai is in Seattle. Soskin and Tsai previously worked at Seattle trucking startup Convoy before launching GoodShip. The new office in downtown Bellevue is GoodShip’s first physical location and its official headquarters. The company was previously remote. It employs 14 people in the Seattle region and nearly 40 people total. Greenfield Partners led the Series B round. Other backers include Bessemer Venture Partners, Ironspring Ventures, Chicago Ventures, and Bellevue-based venture firm FUSE. GoodShip is one of several logistics startups with a presence in the Seattle area, which has emerged as a major epicenter for supply chain software innovation. Funding to logistics startups hit record highs in 2021 as the pandemic disrupted supply chains but total investment and deal flow fell sharply through 2024.

Freight logistics startup GoodShip opening new Bellevue office after raising $25M

GoodShip, a freight logistics software startup founded in 2022, raised $25 million in a Series B funding round led by Greenfield Partners, with additional participation from Bessemer Venture Partners, Ironspring Ventures, Chicago Ventures, and FUSE. The company announced the opening of its first physical office and official headquarters in downtown Bellevue, Washington, marking a shift from a fully remote workforce. GoodShip serves clients in shipping logistics, including Kellanova, Reser’s Fine Foods, Mike’s Hard Lemonade, and Tropicana, and reported a tenfold increase in annual recurring revenue in 2024. The company's leadership, CEO Ryan Soskin and CTO David Tsai, previously worked at Convoy, a Seattle-based trucking startup. GoodShip currently employs 14 people in the Seattle region and nearly 40 total employees. The Seattle area has become a hub for supply chain software innovation, with GoodShip among several logistics startups gaining traction there. Despite record funding in 2021, total investment in logistics startups declined significantly in 2024.