6 days ago
Freight logistics startup GoodShip opening new Bellevue office after raising $25M
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GoodShip co-founders Ryan Soskin (left) and David Tsai. (GoodShip Photo)
GoodShip, a software startup that helps companies manage shipping logistics data, raised $25 million and announced plans for a new office in Bellevue, Wash.
Founded in 2022, the company's software serves as a hub for finance, procurement, carrier management, analytics, and other data related to shipping goods across the country.
GoodShip has a few dozen customers including Kellanova, Reser's Fine Foods, Mike's Hard Lemonade, Tropicana, and others. The startup grew its annual recurring revenue by tenfold in 2024.
The company is fully remote, with CEO Ryan Soskin based in Nashville and CTO David Tsai in Seattle. Soskin and Tsai previously worked at Seattle trucking startup Convoy before launching GoodShip.
The new office in downtown Bellevue is GoodShip's first physical location. The company employs 14 people in the Seattle region and nearly 40 people total.
Greenfield Partners led the Series B round. Other backers include Bessemer Venture Partners, Ironspring Ventures, Chicago Ventures, and Bellevue-based venture firm FUSE.
GoodShip is one of several logistics startups with a presence in the Seattle area, which has emerged as a major epicenter for supply chain software innovation.
Funding to logistics startups hit record highs in 2021 as the pandemic disrupted supply chains but total investment and deal flow fell sharply through 2024.
