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Miguel Cordon · · 1 min read

Freight management platform GoComet raises $2.2m from SGInnovate, others

Freight management platform GoComet secured roughly US$2.2 million in a series A round led by Leo Capital, along with SGInnovate and August One.

Existing investor India Quotient also participated.

Photo credit: Max Pixel

GoComet offers a software-as-a-service platform that uses deep learning algorithms to optimize operations and improve freight procurement efficiencies.

“This investment is a huge sign of confidence in our efforts to transform this sector. We are also looking for top talent to help us achieve this,” said GoComet co-founder and director Chitransh Sahai.

The Singapore-headquartered company also said it’s expanding into other markets in Southeast Asia. It currently operates in India, Thailand, Indonesia, Dubai, and Saudi Arabia.

Since its founding in 2016, GoComet claims to have processed more than 19,680 tonnes of air freight and 84,000 containers.

Editing by Charmaine de Lazo

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Miguel Cordon

Finally updated my bio.