Portless

Portless

Private
North York, OntarioMobility, Transportation & Logisticshttps://portless.com

Last Round

Series A

May 30, 2025

Total Funding Raised

$48.5M

Momentum Score

25 /100

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

Supply Chain, E-commerce, Freight & Transportation, Logistics Software

Business Model

B2B2C

Customer Profile

Usage-Based SaaS

AI Layer

Non-AI

Keywords

D2C fulfillmente-commerce fulfillmentinternational shipping3PL servicescross-border shippingChina fulfillmentsupply chain logisticslogistics platformorder fulfillmentinventory managementfulfillment as a serviceair freight logisticsduty defermentType 11 informal entryreturns managementVietnam fulfillmente-commerce integration

Historical Pricing

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Caplight Momentum Score

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Portless Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Portless Funding Rounds

Historical fundraising activity

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

InvestorRounds
Red Swan VenturesSeries A
Commerce VenturesSeries A
Valor Siren VenturesSeries A, Series A Extension
Commerce VenturesSeries A
Ground Up VenturesSeries A
FJ LabsSeries A
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.

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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

HeadquartersNorth York, Ontario
Employee Range48
Year Founded2022
Last FundingMay 30, 2025

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