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Portless

Portless

Private
TorontoMobility, Transportation & Logisticshttps://www.portless.com/

Last Round

Series A

May 30, 2025

Total Funding Raised

$48.5M

Momentum

Top 25%

of companies Caplight tracks

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

Logistics Software, Supply Chain, E-commerce, Maritime & Shipping, D2C Brands

Business Model

B2B

Customer Profile

Usage-Based SaaS, Services & Consulting

AI Layer

Application

Keywords

direct-to-consumer fulfillment3PLthird-party logisticse-commerce fulfillmentsupply-chain-as-a-servicecross-border shippingair freight logisticsduty defermentinventory managementorder orchestrationdrop shippinglogistics softwareType 11 entrye-commerce logisticssupply chain optimization

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Portless Comparables

Compare Portless with similar companies based on industry and business-model similarity.

Portless comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
NextSmartShip
84%
Floship
81%
EcommOps
80%

Portless Funding Rounds

Historical fundraising activity

Data table
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

Portless investors
InvestorRounds
Red Swan VenturesSeries A
Commerce VenturesSeries A
Commerce VenturesSeries A
Ground Up VenturesSeries A
FJ LabsSeries A
Valor Equity PartnersSeries A, Series A Extension
eGateway CapitalSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 21, 2026

    Grew 22% QoQ, from 58 to 71 employees.

  • May 9, 2026

    Added Hello Nancy, an apparel e-commerce startup.

Recent news

Latest coverage and updates

  • partners_withJun 30, 2026

    Portless, Inc. partnered with AfterShip Limited on Jun 30th '26.

Portless Filings

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Portless filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Portless's valuation, stock price, and market status.

Is Portless a public or private company?

Portless is a private company.

What is the current stock price of Portless?

Portless is a private company with no public stock price. No recent secondary market data is available.

How much is Portless worth (valuation)?

Valuation information for Portless is not publicly available.

Can I buy Portless stock?

Portless shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Portless's last funding round?

Portless's most recent funding round was Series A on May 30, 2025.

Who are the main investors in Portless?

Key investors in Portless include Commerce Ventures, Commerce Ventures, Valor Equity Partners.

Will Portless IPO soon?

No public IPO plans have been announced for Portless.

How can I track Portless secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Portless's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersToronto
Employee Range52
Year Founded2022
Last FundingMay 30, 2025

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