Freightos Business Summary

Freightos Ltd (CRGO) operates a leading vendor-neutral digital booking and payment platform for the international freight industry, primarily generating revenue through a mix of transaction-based fees and Software-as-a-Service (SaaS) subscriptions. The company’s business is divided into two core segments: the Platform segment, which includes the Freightos.com marketplace for importers/exporters and the WebCargo eBooking platform for forwarders and carriers, and the Solutions segment, which provides subscription-based rate management and data tools like 7LFreight and Shipsta. By digitizing the manual procurement process for air and ocean cargo, Freightos facilitates real-time pricing and booking across a network of over 10,000 buyers and dozens of global airlines and ocean carriers. Direct competitors include digital freight platforms and software providers such as Cogoport, GoComet, Freightview, and Magaya. Within this landscape, Freightos distinguishes itself as a neutral, multi-modal marketplace aggregator rather than a digital freight forwarder, positioning itself as the "Nasdaq of international freight." The company was founded in 2012 by serial entrepreneur Zvi Schreiber, who previously founded and sold several tech ventures including TradeBeam and G.ho.st. As of February 2026, the leadership team is in a period of transition following Schreiber’s move to a non-executive board role on January 31, 2026; Pablo Pinillos, formerly the Chief Financial Officer with extensive experience in tech IPOs and strategic scaling, currently serves as the Interim CEO. Other key executives include Michael Netter (Chief Revenue Officer), Ian Arroyo (Chief Strategy Officer), and Eytan Buchman (Chief Marketing Officer). The company’s board is chaired by Udo Lange, CEO of Stolt-Nielsen, and includes notable representation from its largest institutional investor, M&G Investments, via board member Carl Vine. Other significant backing has historically come from high-profile investors such as Qatar Airways, FedEx, and SGX Group, reflecting the company’s deep integration into the global logistics and financial infrastructure.