Haven Inc.

Haven is a company that automates logistics for ocean freight companies. Based in Singapore, San Francisco and Basel, it manages a freight rate and logistics transportation management system for large international supply chains. Haven is considered one of the pioneers of the digital revolution in shipping logistics.[1][2][3][4]

Haven Inc.
TypePrivate
IndustryLogistics
Founded2014
Founders
  • Matt Tillman
  • Jeff Wehner
  • Renee DiResta
Headquarters
Area served
Worldwide
Key people
  • Matt Tillman (CEO)
  • Jeff Wehner (COO)
ProductsHaven TMS
Websitehaveninc.com

History

Matt Tillman, a serial tech entrepreneur, had the idea for a freight and logistics platform in 2014, when he tried to book space on a container vessel to ship a truck. He created a reverse auction over email, treating all freight forwarders the same, and realized that the process could be automated. Tillman met with Jeff Wehner, who had worked in supply chain at Apple and Nest. They concluded that the traditional carrier-forwarder-shipper procurement structure was not the best model for shippers in terms of price discovery and booking. Together with Renee DiResta, they founded Haven Inc.[1][5][6][7]

In the beginning, Haven gave shippers an online platform to compare and reserve container slots from 10 ocean carriers. The company offered 600,000 sailings (or shipment schedules) from 1,500 ports. Haven's strongest demand was coming from the consumer goods, electronics, and high-value agriculture industries of Asia, Europe, and Latin America.[6]

The company surpassed $3.4 billion a year in cargo value in 2016, according to CEO Tillman, who said that Haven's revenue doubled as soon as Donald Trump became the US president, as his protectionist policy caused a spike in the shipping of commodities such as metals because of fears of future tariffs. As of March, Haven worked with 20 of the 25 top ocean carriers and every major freight forwarder.[7] In April, the company introduced a transportation management system to enable shippers to become more efficient in their role as transportation buyers.[8]

Transportation management system

Haven transportation management system, launched in April 2017, is a cloud-based logistics platform for managing large international supply chains. It is intended for ocean freight companies, primarily commodity traders, food suppliers, and consumer goods companies. Shippers can book and track shipments using their own book of carriers and forwarders. They are given direct contact with logistics providers without the need for a middleman or email. The platform helps automate common workflows such as freight booking, rate management, and documentation generation.[9][10][2][11]

References
  1. "Special Coverage: The application of technology in ocean freight". American Shipper. September 20, 2016.
  2. "Logistics tech firms look to curb disruption, not disrupt industry". JOC. August 19, 2016.
  3. "Haven raises $11 million for its ocean freight booking platform". Venture Beat. May 4, 2016.
  4. "More SDCE 100 Recipients" (PDF). SDCE. 2017.
  5. "Venture capitalists have found another trillion dollar market to upend: shipping". Quartz. April 20, 2017.
  6. "Haven Streamlines The Process Of Ocean Freight Shipping". Techcrunch. March 11, 2015.
  7. "How Technology is Infiltrating the Old-School Shipping Industry". Entrepreneur. March 10, 2017.
  8. "Digitization for freight a quest for transparency". JOC. June 6, 2017.
  9. "New Logistics TMS Platform Sets Sights on SAP". Supply Chain 24/7. April 18, 2017.
  10. "Haven's planned path toward TMS". American Shipper. April 18, 2017.
  11. "Startups Seek To Shake-Up The International Freight Market". Forbes. August 16, 2016.
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