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.
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.
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
The last round was 6 months ago.
Date
January 2022
Valuation
$8B
Amount raised
N/A
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.
| Remove | Name | Ticker | 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 |
| Date | Round | Amount raised | Valuation |
|---|---|---|---|
| Mar 2021 | Private Equity Round | $16M | $300M |
| Jul 2020 | Private Equity Round | $30M | $0 |
| Apr 2020 | Venture Round | $7M | $0 |
| Feb 2019 | Series B | $21M | $92M |
| Jun 2018 | Series A | $13M | $42M |
| Nov 2017 | Seed | $3.4M | $9M |
| Sep 2016 | Seed | $2M | $6M |
With a revenue of $73M and a Hype Multiple of 1.5x,
FreightWaves is estimated to be worth $1.5B.