The 7bridges vision has been to revolutionise the logistics space through software the way that Salesforce did for commercial operations.
The business was founded by Philip Ashton and Matei Beremski in 2016. Philip had spent time working at a speciality logistics provider, and saw first-hand the systemic challenges that companies faced with their logistics. He realised it was possible to create a solution, and he bought Matei on board, to help him realise his vision. 7bridges was born, named after the classical maths problem ‘the seven bridges of Königsberg’, with the aim of bringing a new way of data driven thinking to the market.
The team has since expanded across Europe and the US, and supports customers around the world. The company was named by Business Insider as one of the 15 Hottest AI Startups in Europe in 2020, on the heels of its $3.4million seed funding round, which was led by Acequia Capital, Local Globe and Crane.
At the start of 2022, the company announced $17 million in series A funding, a clear sign of the opportunity in the market to address and fix how supply chains work. Eight Roads has led the round for London-based 7bridges, with Local Globe and Crane also providing additional funding. Shipping behemoth Maersk has also joined as a strategic backer, and will also be working with us to integrate its logistics and shipping data into the platform, providing a wealth of new data for our proprietary AI, LEO, to learn and grow from as we continue to make the complex simple when it comes to logistics operations.