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Ofload

Ofload is an Australian-based digital road freight service founded in 2019, connecting shippers with carriers to optimize logistics, increase efficiency, and reduce waste in the transport industry through technology.

Discussion
climate-techenterprise-softwarelogisticstransportation

Company facts

Series B-stage
Founded
2019
Employees
120
Headquarters
AUSTRALIAAUSTRALIA
CEO
Geoffroy Henry

About

Ofload's journey began in 2019, born from a vision to revolutionize the Australian road freight industry. Founded by Geoffroy Henry, who brought a wealth of experience from diverse sectors including finance, retail, e-commerce, and logistics start-ups like HelloFresh and BeCool, Ofload was established to tackle the inherent inefficiencies and lack of transparency in traditional trucking. The company officially launched in March 2020, right at the cusp of the COVID-19 pandemic, a challenging period that nevertheless highlighted the critical need for resilient and adaptable logistics solutions. From its inception, Ofload set out to be more than just a freight provider; it aimed to become an end-to-end digital freight partner. The core mission was to leverage technology to connect shippers with a vast network of carriers, thereby increasing visibility, optimizing load capacities, and ultimately reducing waste in the transport sector. This meant addressing the significant issue of trucks often running empty or sitting idle, a common problem contributing to both economic inefficiency and environmental impact. The early years were marked by rapid growth and strategic development. In 2020, Ofload secured its seed funding, followed by a significant Series A funding round in 2021, which valued the company at over AU$100 million. This financial backing enabled Ofload to expand its team, enhance its technological capabilities, and broaden its service offerings. A key milestone in its growth trajectory was the acquisition of CIA Logistics in September 2022, which increased Ofload's headcount to over 120 and expanded its national footprint across Sydney, Melbourne, and Brisbane. Throughout its evolution, Ofload has remained committed to empowering the 'long tail' of small to medium-sized transport operators, providing them with the digital tools and network access to compete effectively with larger players. The company has consistently focused on innovation, developing platforms like its Carbon Analytics Platform to help businesses measure and reduce their carbon footprint. This dedication to transforming logistics through technology and sustainability has garnered Ofload numerous accolades, including recognition in the Deloitte Technology Fast 50, LinkedIn's Top Startups, and the Australian Financial Review's BOSS Most Innovative Companies list, solidifying its position as a leader in the FreightTech space.

5 jobs

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