FreightWaves

Chattanooga

The #1 Source for Navigating the Freight Markets. FreightWaves is the leading provider of market data and analytics for the North American freight market. Inspired by commodities markets data providers like Bloomberg, Reuters, Platts, and Morningstar- we are creating the independent source of actionable data and commentary to help freight market participants navigate the impact of economic, technology, and regulatory changes on their business. We run the largest community in the freight markets, serving members that do more than a trillion dollars of freight revenue per year; ours news and commentary site ranks #1 in page-views per month, according to Alexa; our SaaS platform, SONAR, is a market dashboard that is built to help participants gain near and real-time perspectives of changes in market conditions; and our futures contracts are listed on Nodal's exchange and settled against DAT's trucking spot rates.

FreightWaves's valuation today

Estimated valuation today

$1.5B

-80.93% since last round

Calculated based on estimated multiplier and revenue.

Estimated multiplier for FreightWaves

20.81x revenue

Calculated based on public comps and hype multiple.

Revenue

Update this based on your knowledge or projections. Calculations use last 12 months revenue.

million

Hype Multiple

Currently selected comps have a median growth rate of 24.30%

This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.

multiple

Last round

The last round was 6 months ago.

Date

January 2022

Valuation

$8B

Amount raised

N/A

Public market comparisons

We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.

Multiple at last round

19.86x revenue

Today's multiple

13.87x revenue

Change

-30.16%

Companies

Industry – Enterprise Software

Last updated 5 mins ago.

RemoveNameTicker Price multiple
FreightWaves

13.87x
Adobe Systems Incorporated

ADBE

11.53x
Autodesk Inc

ADSK

10.28x
Salesforce.com Inc

CRM

6.55x
Snowflake Inc.

SNOW

35.55x
Cloudflare Inc

NET

23.84x
Valuation history
Fundraising rounds
DateRound Amount raised Valuation
Mar 2021Private Equity Round$16M$300M
Jul 2020Private Equity Round$30M$0
Apr 2020Venture Round$7M$0
Feb 2019Series B$21M$92M
Jun 2018Series A$13M$42M
Nov 2017Seed$3.4M$9M
Sep 2016Seed$2M$6M

With a revenue of $73M and a Hype Multiple of 1.5x,
FreightWaves is estimated to be worth $1.5B.