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Portless

Portless

Private
TorontoMobility, Transportation & Logisticshttps://www.portless.com/

Last Round

Series A

May 30, 2025

Total Funding Raised

$48.5M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Portless is a logistics company that provides a platform designed to streamline international shipping for e-commerce brands by connecting them directly with overseas manufacturers.

Sector

Mobility, Transportation & Logistics

Verticals

Logistics Software, Supply Chain, E-commerce, Maritime & Shipping, D2C Brands

Business Model

B2B

Customer Profile

Usage-Based SaaS, Services & Consulting

AI Layer

Application

Keywords

direct-to-consumer fulfillment3PLthird-party logisticse-commerce fulfillmentsupply-chain-as-a-servicecross-border shippingair freight logisticsduty defermentinventory managementorder orchestrationdrop shippinglogistics softwareType 11 entrye-commerce logisticssupply chain optimization

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Portless Comparables

Compare Portless with similar companies based on industry and business-model similarity.

Portless comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Floship
80%
OpenBorder
74%
Zongteng Group
71%

Portless Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AMay 30, 2025
Series AFeb 1, 2025
Series A ExtensionJun 17, 2021
Series AMar 1, 2020

Key People

Founding team and executive leadership

Izzy Rosenzweig

Founder & CEO

Founding Team

Philip Rosenzweig

Chief Financial Officer

Executive Team

Jonathan Frankel

Chief Operating Officer

Executive Team

Portless Investors

Notable investors and investment history

Portless investors
InvestorRounds
Red Swan VenturesSeries A
Commerce VenturesSeries A
Commerce VenturesSeries A
Ground Up VenturesSeries A
FJ LabsSeries A
Valor Equity PartnersSeries A, Series A Extension
eGateway CapitalSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 21, 2026

    Added Numrich Industries Ltd, an e-commerce company, as a customer.

  • Nov 29, 2025

    Company has shipped over 2.5 million cross-border packages.

Portless Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Portless Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Portless's valuation, stock price, and market status.

Firmographic Details

HeadquartersToronto
Employee Range67
Year Founded2022
Last FundingMay 30, 2025

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