FourKites is a supply chain visibility platform that helps companies transform their end-to-end supply chain with real-time visibility. It offers solutions for tracking shipments across road, rail, ocean, and air, and has a massive network reaching over 200 countries and territories.

Arun Chandrasekaran

Mathew Joseph Elenjickal

FourKites

BEST Inc. operates as a smart supply chain service provider in the People's Republic of China. Its proprietary technology platform, BEST Cloud, enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management. In addition, the company offers integrated services and solutions across the supply chain, including warehouse management, order fulfillment, and transportation services to offline and online enterprises. Further, the company provides express delivery services; and door-to-door integrated cross-border supply chain services to and from China, including international express, less-than-truckload, fulfillment, and freight forwarding through its network, and transportation and warehouse partners. Additionally, the company operates real-time bidding platform to source truckload capacity from independent transportation service providers and agents; and offers online merchandise sourcing and store management services for convenience stores, as well as B2C services. Furthermore, it provides various value-added services, including customized financial services, including fleet and equipment leases; and centralized sourcing of products and services, such as bulk procurement of trucks and accessories. The company was founded in 2007 and is headquartered in Hangzhou, the People's Republic of China.

BEST Inc.

Sourcing and Supply Chain provides resources and insights for the supply chain management community, focusing on topics like procurement, logistics, and technology. Self-described as empowering the SCM community.

Sourcing and Supply Chain

Suuchi provides software solutions for supply chain operations, integrating with various systems to enhance workflows and decision-making processes. Self-described as a platform that addresses challenges faced by companies in managing data and workflows efficiently.

Suuchi

FourKites is the world's leading supply chain intelligence platform, delivering real-time visibility and execution for 1200+ companies and third-party logistics firms across 200 countries. Using a patented artificial intelligence to calculate shipment arrival times, FourKites enables customers to lower operating costs, improve on-time performance, and strengthen end-customer relationships. 

Tracking over 3 million shipments each day, FourKites covers all modes, nodes and signals to extend visibility beyond transportation into yards, warehouses, stores and more. The platform provides a single view of your entire supply chain and is optimized for mobile, equipped with market-leading end-to-end security. 

To learn more, visit www.fourkites.com.

Mitsui & Co

FedEx

Qualcomm Ventures

Volvo Group Venture Capital

Zebra Ventures

CEAS Investments

Hyde Park Angels

Hyde Park Venture Partners

50 South Capital

August Capital

Bain Capital Ventures

FourKites, Inc.

If you ask any company why they chose FourKites for their business, their answer will come down to one of three key factors.

In his exclusive interview with Sarah Barnes-Humphrey of Let's Talk Supply Chain, FourKites' Founder and CEO Matt Elenjickal breaks down all three — and reveals what's preventing the majority of businesses today from achieving them all.

https://4kites.cc/3Qkoy6a

#innovation #ceo #startup #technology #logistics

"A resilient supply chain is defined by its ability to withstand disruptions and limit the effects of those disruptions. At FourKites, we provide visibility to precisely track the current location of goods and predict disruptions to derive actionable recommendations."

In this recent interview with Trans.iNFO - transport, trucking & logistics news, FourKites' Managing Director Kevin Krükis explains the key role that data can play in forming a resilient supply chain.

Read the full piece below:

https://4kites.cc/3UE257C

#logistics #innovation #data #insights #technology

We're looking forward to touching down in Long Beach for TPM 2024 next week!

JOC.com will be hosting TPM at Long Beach Convention & Entertainment Center and FourKites will be there to answer all your questions about real-time visibility for your supply chain! 

Will we see you there? Schedule a visit at the link below for a free branded Apple AirTag!

https://4kites.cc/3T7bLX6

#TPM2024 #JOC #ShippingIndustry #Networking #GlobalTrade

Proud to be listed alongside TransUnion and Avaneer Health on this recent lineup of featured Chicago companies from Built In Chicago! 

Check out the full post from Built In staff writer Conlan Carter to learn more about why each company was selected.

https://4kites.cc/48hxEav

#chicago #business #news #technology #success

Looking back on an incredible event last week at the Tokyo Smart Logistics Expo!

A huge thank you to everyone who visited the booth and participated in our sessions, hosted by our partner and strategic investor Mitsui & Co., Ltd.! On the stage, we addressed three key logistics challenges while unveiling strategies to slash costs and enhance customer satisfaction.

We're looking forward to next year!!

#SmartLogisticsExpo #SLE2024 #supplychain #data

In today’s unpredictable market, you can’t afford to blow your budget on controllable costs.

That's why leading carriers are using FourKites shipping records to eliminate debates over detention and other accessorial charges, and pay only what they're responsible for on every load. 

By incorporating performance metrics into your carrier contract negotiations, you can ensure you’re getting maximum value from your investment with transportation providers.

Find out more at the link below:

https://4kites.cc/3UKTHDD

#transportation #efficiency #business #technology #roi

Great to see FourKites' VP of Global Alliances, Nimesh Patel, onstage at #Manifest2024 alongside our partners Bryant Smith and Liz Sophia of Manhattan Associates, as well as Bart A. De Muynck.

Together, they talked through some of the transformative strides that have been made in transportation and yard management in recent years.

A big thank-you to all who filled the room, actively engaging with questions and contributing to the discussion.

#ai #supplychain #tech #enterprise

In the February edition of The Logistics Point Magazine, Nick Bozhilov delves into the future of collaboration within the logistics industry, featuring insights from FourKites' Principal Solution Consultant, Stephen Dyke.

In this insightful article, discover why collaboration is not just a buzzword, but a game-changer in revolutionizing logistics around the globe.

Read the full story below:

https://4kites.cc/3uvHcB0

#business #collaboration #partner #logistics

Today, we're raising a glass to International Margarita Day with a look back at FourKites' very own original cocktail: The MargarETA!

Featuring a delicious blend of blueberries, mint and lime and backed by the world leader in real-time transportation visibility, FourKites cocktails are always guaranteed to arrive on-time, and in-full 🥂

#tbt #teamwork #conference #startup #FourKitesProud

Proud to see FourKites’ data featured in the latest from Liz Young at The Wall Street Journal. 

As on-time delivery rates continue to stabilize from pandemic-era highs, Wal-Mart is loosening its on-time, in-full requirements for suppliers.

Read the full story at the link below:

https://4kites.cc/3I86lVD

Metric
Company Name	FourKites	BEST Inc.	Sourcing and Supply Chain	Suuchi
Symbol		BEST
MSH ID	COM:FOURKITES	COM:BEST-INC	COM:SOURCINGANDSUPPLYCHAIN	COM:SUUCHI
Market	PRIVATE	STOCKS	PRIVATE	PRIVATE
Sector	Technology	Industrials	Commercial & Professional Services	Technology
Industry	Supply Chain Visibility	Trucking	Supply Chain Management	Software & IT Services
Country	US	CN	IN	US
Stage				Private Equity Round
Employee Count	618	3.57K
Website	fourkites.com	best-inc.com	sourcingandsupplychain.com	suuchi.com
LinkedIn	fourkites-inc	bestinc	sourcing-supply-chain	suuchi
Founders

Metric
Market Cap		51.64M
Enterprise Value
Monthly Web Traffic	388.51K	2.52K	2.67K
Web Traffic Growth	-0.32	-0.34	1.92
Valuation
Raised Capital	10M

Metric
Revenue		1.14B
Revenue (LTM)
Revenue (NTM)
Gross Profit		34.45M
EBITDA		-94.49M
Operating Income		-117.91M
Net Income		-114.11M
EPS		-6.00
Diluted EPS		-5.98
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin		0.04
Operating Profit Margin		-0.10
EBITDA Margin		-0.08
Net Profit Margin		-0.09
Return on Equity		-2.37
Return on Assets		-0.12
Return on Capital Employed		-0.47

COM:FOURKITES

FourKites

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio		-0.32
P/B Ratio		2.25
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		0.05
EV Multiple		4.06

Metric
Days Sales Outstanding		43.11
Days Payables Outstanding		72.98
Days Inventory Outstanding		0.47
Operating Cycle		43.57
Cash Conversion Cycle		-29.41
Asset Turnover		1.45

Metric
Operating Cash Flow		-76.30M
Free Cash Flow		-76.30M
Cash Flow to Debt		-0.16
Operating Cash Flow/Sales		-0.06
Free Cash Flow Yield		-2.65

Metric
Cash & Equivalents		58.59M
Accounts Receivable
Inventory		1.07M
Goodwill		7.45M
Debt to Capitalization		1.08
Debt to Assets		0.38
Current Ratio		0.54
Quick Ratio		0.66

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		0.01
R&D to Revenue		0.01
SG&A to Revenue		0.09