OpenPort

OpenPort is a pan-Asian startup founded in 2015 with its headquarters based in Hong Kong S.a.r. The company is on a mission to revolutionize the logistics and trucking industry in emerging markets through its open, neutral, and AI-based platform. OpenPort aims to address the inefficiencies in the logistics sector, which result in the loss of 3-5% of GDP in emerging markets annually. The company prides itself on the successful movement of over half-a-million shipments, totaling more than four million tons of freight and covering over 400 million kilometers. OpenPort's platform offers complete and easy integration with clients' ERP systems, ensuring visibility, reliability, availability of trucks, security, trust, higher cash flows, and stronger sales. The last investment in OpenPort was a Venture Round at 20 September 2017, with the investor being Wavemaker. One of the unique aspects of OpenPort's platform is the transparency it provides. Users have access to real-time delivery information and are even incentivized for sharing data. The platform also includes the OpenPaid supply chain financing portal, which enhances cash flow and liquidity by creating an audit trail for goods and services. OpenPort's solutions aim to deliver transparency to suppliers, transporters, and retailers in large supply chains. The company addresses cash flow issues caused by slow and disputed paper records by providing secure digital records for full traceability from pickup to delivery. The company's disruptive approach to the logistics landscape in Asia positions it as an exciting prospect for potential investors and partners. To reach out to OpenPort, interested parties can email [email protected].