AIT Worldwide Logistics - About the company
AIT Worldwide Logistics is an acquired company based in Itasca (United States), founded in 1979 by . It operates as a Provider of diversified freight forwarding services. AIT Worldwide Logistics has raised $7.35M in funding from Quad-C. The company has 8284 active competitors, including 35 funded and 554 that have exited. Its top competitors include companies like DHL, Allcargo Logistics and Odyssey.
Company Details
- Website
- Social
- Email ID
- @aitworldwide.com
- Phone Number
- +1
Key Metrics
Founded Year
1979
Location
Itasca, United States
Stage
Acquired
Total Funding
in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 8284 active competitors
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
DHL &
Exit Details
Acquired by The Jordan Company (Apr 07, 2021)
Legal entities associated with AIT Worldwide Logistics
AIT Worldwide Logistics is associated with 5 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Apr 28, 2022 | - | 446 | 713 | |
Mar 12, 2013 | - | 588 | 804 | |
Dec 09, 2021 | - | 478 | 105 | |
May 01, 2012 | $2.35M (as on Mar 31, 2022) | 398 | 938 | |
Dec 26, 999 | - | 592 | 987 |
AIT Worldwide Logistics's acquisition details
AIT Worldwide Logistics got acquired by The Jordan Company on Apr 07, 2021. It was facilitated by Harris Williams.
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AIT Worldwide Logistics's funding and investors
AIT Worldwide Logistics has raised a total funding of $7.35M over 2 rounds. Its first funding round was on May 18, 2012. Its latest funding round was a Series B round on Oct 23, 2017 for an undisclosed amount. 1 investor participated in its latest round, which include Quad-C and TJC.
AIT Worldwide Logistics has 2 institutional investors including Quad-C and .
Here is the list of recent funding rounds of AIT Worldwide Logistics:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Oct 23, 2017 | Undisclosed | Series B | 1586356 | 6161175 | |
May 18, 2012 | $7.35M | Series A | 9607375 | 6475082 | - |
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AIT Worldwide Logistics's founders and board of directors
The founders of AIT Worldwide Logistics is . is the CEO of AIT Worldwide Logistics.
View details of AIT Worldwide Logistics's Founder profiles and Board Members
AIT Worldwide Logistics's employee count trend
AIT Worldwide Logistics has 774 employees as of Dec 22. The total employee count is 19.3% more than what it was in Dec 21. Here is AIT Worldwide Logistics's employee count trend over the years:
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Top competitors of AIT Worldwide Logistics include DHL, Allcargo Logistics and Odyssey. Here is the list of Top 10 competitors of AIT Worldwide Logistics, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Global logistics service provider | - | , Oost NLÌý&²¹³¾±è;Ìý | 69/100 | |
2nd |  Allcargo Logistics 1993, Mumbai (India), Public | Provider of multi modal freight transportation, warehousing, and logistic services | $18M | 68/100 | |
3rd | Odyssey 2003, Danbury (United States), Acquired | Global logistics solutions provider | $174M | Goldman Sachs, Presidio PartnersÌý&²¹³¾±è;Ìý | 67/100 |
4th | 1979, Itasca (United States), Acquired | Provider of diversified freight forwarding services | $7.35M | 61/100 | |
5th | Provider of port handling, hinterland transport, container, and logistics services | - | , Ìý&²¹³¾±è;Ìý | 64/100 | |
6th | Provider of multi modal freight forwarding, logistics, and warehousing services | $24.8M | CJ Logistics, ASM India InvestmentsÌý&²¹³¾±è;Ìý | 64/100 | |
7th |  J&T Jitu Express 2015, Shanghai (China), Public | Provider of delivery, multi modal freight forwarders, and cross-border logistics services | $3.54B | Hillhouse, JDAC CapitalÌý&²¹³¾±è;Ìý | 64/100 |
8th | DP World 2005, Dubai (United Arab Emirates), Seed | Provider of freight forwarding and ship logistics transportation services | - | Caisse de depot et placement du Quebec, Ìý&²¹³¾±è;Ìý | 63/100 |
9th | Fiege Logistics 1873, Greven (Germany), Funding Raised | Logistics service provider | - | Ìý&²¹³¾±è;Ìý | 63/100 |
10th | SEKO Logistics 1976, Schaumburg (United States), Acquired | Provides a suite of logistics services | - | Bregal Sagemount, Churchill Asset ManagementÌý&²¹³¾±è;Ìý | 62/100 |
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AIT Worldwide Logistics's Investments and acquisitions
AIT Worldwide Logistics has not made any investments yet. AIT Worldwide Logistics has made 10 acquisitions. Here is the list of latest three acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 01, 2024 | Acquisition | 2019 | Amsterdam, | |
Dec 04, 2023 | Acquisition | - | ||
Nov 17, 2023 | Acquisition |  | - |
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Reports related to AIT Worldwide Logistics
Here is the latest report on AIT Worldwide Logistics's sector:
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News related to AIT Worldwide Logistics
Media has covered AIT Worldwide Logistics for a total of 8 events in the last 1 year, 3 of them have been about company updates and 1 about people movement.
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FreightWaves•Apr 22, 2025•AIT Worldwide Logistics
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Trending Topics•Apr 10, 2025•AIT Worldwide Logistics
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Korea Newswire•Jan 24, 2025•AIT Worldwide Logistics
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Business Wire•Jan 07, 2025•, AIT Worldwide Logistics,
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Financial Post•Dec 18, 2024•AIT Worldwide Logistics
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Business Wire•Nov 12, 2024•AIT Worldwide Logistics
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Business Wire India•Oct 30, 2024•AIT Worldwide Logistics
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Business Wire•Aug 28, 2024•AIT Worldwide Logistics
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The Loadstar•Feb 09, 2024•AIT Worldwide Logistics,
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about AIT Worldwide Logistics
When was AIT Worldwide Logistics founded?
AIT Worldwide Logistics was founded in 1979.Where is AIT Worldwide Logistics located?
AIT Worldwide Logistics is located in Itasca, United States.Is AIT Worldwide Logistics an acquired company?
AIT Worldwide Logistics got acquired by The Jordan Company on Apr 07, 2021.When was the latest funding round of AIT Worldwide Logistics?
AIT Worldwide Logistics's latest funding round was on Oct 23, 2017.What is the annual revenue of AIT Worldwide Logistics?
Annual revenue of AIT Worldwide Logistics is undefined as on undefined.Our Lite Plan Awaits you - Its Free!
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