Nowports Valuation, Funding & Investors
Nowports is valued at $1.1B as of May 2022.
Last Nowports valuation
$1.1B
Series C · May 2022
Last Nowports funding round
$150M
Series C · May 2022
Cumulative funding Nowports raised
$243M
across 6 funding rounds
Key investors in Nowports
Y Combinator
MONASHEES
Base10 Partners
JAM Fund
Broadhaven Capital Partners
SoftBank Group
About Nowports
Nowports is a digital freight forwarder platform using AI to manage real-time imports and exports from any port. Users request quotes, register products and providers, and book shipments securely through the Mexico City-headquartered service at nowports.com, serving Latin American trade routes.
Founded
2018
HQ
MonterreyWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Commission, Subscription
Valuation
$1.1B (May 2022)
Nowports Valuation
Nowports is currently valued at $1.1B, based on its Series C in May 2022.
The $150M round was led by SoftBank Group.
Nowports' valuation has moved from $1.1B at its Series B in December 2021 to $1.1B in May 2022, across 2 priced rounds.
Nowports valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2022 | Series C | $1.1B |
| Dec 2021 | Series B | $1.1B |
Nowports Funding History
Nowports has raised a total of $243M across 6 funding rounds.
Nowports' first fundraising round was a $200K seed round in March 2019. The most recent completed round was a $150M Series C in May 2022.
Nowports funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2022 | Series C | SoftBank Group (lead) | $150M | $1.1B | Nowports is a Mexico-based digital freight forwarder that automates and streamlines import and export processes for Latin American companies, particularly SMEs, offering services like real-time shipment tracking, cargo insurance, inventory financing, and supply chain visibility. Founded in 2018, it emerged from Y Combinator's Winter 2019 batch aiming to become the Flexport of Latin America, with operations across 10 offices in seven countries including Mexico, Brazil, Peru, Panama, Chile, and Colombia, employing over 500 people. On May 24, 2022, Nowports raised $150 million in a Series C funding round led by SoftBank Latin America Ventures, with participation from Tiger Global, Foundation Capital, Monashees, Soma Capital, Broadhaven Ventures, Mouro Capital, Tencent, and Base10 Partners. This round valued the company at a post-money valuation of $1.1 billion, achieving unicorn status and marking a significant jump from its prior $80 million valuation in March 2021. The funding brought total capital raised to over $240 million across multiple rounds, including a $60 million Series B in late 2021 and a $16 million Series A earlier that year. The investment supports expansion of financing services, logistics platform growth, hiring of tech and engineering talent, and opening new offices in Brazil, Mexico, and Chile. In Q1 2022, Nowports reported more than 12x year-over-year revenue growth, alongside 10x growth in containers shipped and customers served, highlighting strong traction amid logistics sector interest in Latin America. The round positions Nowports to consolidate in key markets like Brazil while innovating with technologies such as advanced sensors for tracking. |
| Dec 2021 | Series B | Tiger Global (lead); JAM Fund; SoftBank Group; Broadhaven Capital Partners; MOOR; Base10 Partners; Foundation Capital; Mouro Capital; DST Global; MONASHEES | $60M | $1.1B | Nowports is a Mexico-based digital freight forwarder founded in 2018 in Monterrey, offering a platform for shipping goods with automatic visibility, supply chain management, insurance, and efficiency improvements in Latin America's logistics sector. It positions itself as a leader in automating freight forwarding to streamline communication and operations. On December 16, 2021, Nowports closed a $60 million Series B funding round led by Tiger Global, with participation from SoftBank Latin America Ventures, DST Global, Mouro Capital, Monashees, Base10 Partners, Broadhaven Capital Partners, Foundation Capital, JAM Fund, and MOOR. Total funding across rounds reached approximately $234.5M to $242M by that time. Nowports operates in the competitive LATAM logistics space against players like minutos.com, Envia.com, and Grupo ampm, focusing on digital tools for better shipment tracking and decision-making. |
| Oct 2021 | Series A | JAM Fund (lead); Justin Mateen (lead); AngelHub VC | $8M | - | Nowports is a digital freight forwarder building the operating system for Latin America's shipping industry to improve import processes for SMEs. In October 2021, it raised $8 million in a Series A round led by JAM Fund and Justin Mateen, with participation from AngelHub VC, to support continued growth and expansion. This followed a $16 million Series A in July 2021 led by Mouro Capital and a seed round of $8.45 million in June 2019 led by Base10 Partners and Monashees. The company has since raised additional rounds, including a $60 million Series B with Tiger Global Management and DST Global, and a $150 million Series C with SoftBank Latin America Ventures and others, bringing total funding to $242.6 million. |
| Jul 2021 | Series A | Mouro Capital (lead); JAM Fund; Y Combinator; Broadhaven Capital Partners; Justin Mateen; Base10 Partners; Foundation Capital; MONASHEES | $16M | - | Nowports is a Mexico-based digital freight forwarder that automates import and export processes for Latin American companies, providing logistics and financial services including insurance and financing. The company operates offices in Mexico, Chile, Colombia, and Uruguay, with plans to expand to China. In July 2021, Nowports closed a $16 million Series A funding round led by Mouro Capital, with participation from Foundation Capital, Broadhaven Ventures, InvestoVC, Monashees, Base10 Partners, Y Combinator, and angels including Justin Mateen. This brought total funding to $24 million since its 2018 founding. The capital supports solidifying key routes, expanding logistics and financial services, and growing the team from 160 people. |
| Jun 2019 | Seed | Base10 Partners (lead); MONASHEES (lead); Ricardo Weder; Y Combinator; Broadhaven Capital Partners; Partech; Tekton Ventures; Wayfinder Ventures; Soma Capital; Sean Behr; Paul Buchheit | $9M | - | Nowports raised $8.45 million in a seed round in June 2019 led by Base10 Partners and MONASHEES, with participation from Broadhaven Capital Partners, Partech, Paul Buchheit, Ricardo Weder, Sean Behr, Soma Capital, Tekton Ventures, Wayfinder Ventures, and Y Combinator. The Monterrey, Mexico-based company operates as an automated digital freight forwarder, providing software to track containers and streamline importing and exporting processes for shippers in Latin America. The funding was intended to expand into new markets, grow the team, and integrate with more logistics companies in the fragmented Latin American freight industry. Nowports was founded in 2018 and participated in Y Combinator's Winter 2019 batch prior to this round. The company positions itself as the Flexport of Latin America, focusing on efficiency, reliability, and transparency for SMEs in a market where freight providers handle nearly $40 billion annually into the region. |
| Mar 2019 | Seed | Y Combinator (lead) | $200K | - | - |
Who has invested in Nowports?
20 investors have backed Nowports across its funding rounds, including Y Combinator, MONASHEES, Base10 Partners, JAM Fund, Broadhaven Capital Partners and SoftBank Group.
Lead investors include SoftBank Group, Tiger Global, JAM Fund, Justin Mateen, Mouro Capital and 3 other investors.
Nowports Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Los Angeles, CA | 3 | Lead | Jul 2021 | |
| San Francisco, CA | 3 | Lead | Mar 2019 | |
| New York City, NY | 3 | Participant | Jun 2019 | |
| San Francisco, CA | 3 | Lead | Jun 2019 | |
 São Paulo | 3 | Lead | Jun 2019 | |
 Tokyo | 2 | Lead | Dec 2021 | |
| United States | 2 | Lead | Jul 2021 | |
| San Francisco, CA | 2 | Participant | Jul 2021 | |
 London | 2 | Lead | Jul 2021 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Ricardo Weder | Mexico City | 1 | Participant | Jun 2019 |
| San José | 1 | Participant | Oct 2021 | |
 Paris | 1 | Participant | Jun 2019 | |
| San Francisco, CA | 1 | Participant | Jun 2019 | |
This data is available for Pro users. Sign up to see all 20 Nowports investors. Start Free Trial | ||||
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Start Free TrialNowports Competitors
Nowports competitors include listed companies like GuoChuang Software and JSTI, and private ones like UISEE, Rivigo, RoadRunner Recycling and TuSimple.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Beijing | Private | - | - | $1.1B | - | |
 Gurgaon | Private | $77M | - | $1.1B | 13.8x | |
| Pittsburgh, PA | Private | - | - | $1.1B | - | |
| San Diego, CA | Private | - | - | $1B | - | |
| China | Publicly listed | $220M | ($17M) | $960M | - | |
| China | Publicly listed | $622M | $30M | $947M | 1.7x |
Nowports Public Comps
Nowports is still privately-owned, but its public comps include Blackbuck, Keytop Parking, GuoChuang Software, Beijing eGova, Jiangsu Tongxingbao, JSTI, Wuxi Boton Technology, e-Hualu, Guotai Epoint Sofware and Duolun Technology.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $67M | $16M | 16.5x | 14.5x | 68.3x | 53.2x | |||
| $124M | $29M | 7.5x | - | 32.3x | - | |||
| $220M | ($17M) | 4.8x | - | (60.4x) | - | |||
| $90M | ($52M) | 8.4x | - | (14.5x) | - | |||
| $159M | $47M | 2.7x | - | 9.2x | - | |||
| $622M | $30M | 1.6x | 1.7x | 32.7x | 13.8x | |||
| $516M | $55M | 2.4x | - | 22.6x | - | |||
| $69M | ($310M) | 24.1x | - | (5.4x) | - | |||
This data is available for Pro users. Sign up to see all Nowports competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Nowports
| When was Nowports founded? | Nowports was founded in 2018. |
| Where is Nowports headquartered? | Nowports is headquartered in Monterrey, Mexico. |
| Is Nowports publicly listed? | No, Nowports is a private, VC-backed company. |
| What is Nowports' valuation? | Nowports was last valued at $1.1B in its Series C in May 2022. |
| How much funding has Nowports raised? | Nowports has raised $243M across 6 funding rounds. |
| What was Nowports' last funding round? | Nowports' last funding round was a $150M Series C in May 2022, led by SoftBank Group. |
| Who are Nowports' investors? | Nowports' investors include JAM Fund, Y Combinator, Broadhaven Capital Partners, Base10 Partners, MONASHEES, SoftBank Group, Justin Mateen, Foundation Capital, Mouro Capital, Ricardo Weder and 10 others. |
| Which companies are comparable to Nowports? | Companies comparable to Nowports include UISEE, Rivigo, RoadRunner Recycling, TuSimple, GuoChuang Software and JSTI. |
See companies similar to Nowports
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