OVRSEA, founded in 2017, is a digital freight forwarding company that harnesses technology to simplify and optimize international transport for businesses. The start-up has made the bold move of digitalizing the sector through a web interface for transport management, from quotes to invoices via real-time tracking. And that move has paid off, the company having tripled revenue in 2020 and won over 500 customers since its creation. Today, it has chosen to join Bolloré Logistics to accelerate its international expansion.
Bolloré Logistics is a global supply-chain player ranking among the world top ten in transport organization and contract logistics. It has a network of 607 agencies in 109 countries and logistics hubs at the crossroads of international trade. Despite its size, the Group owes its success to its agility and entrepreneurial spirit, illustrated once again by this investment.
The alliance demonstrates the complementary fit between Bolloré Logistics and OVRSEA. Together, the two firms will bring businesses greater simplicity, transparency and responsiveness in the management of their international transport and at the same time contribute to the development of French expertise internationally.
The alliance will enable OVRSEA to open up to new markets by relying on Bolloré Logistics’ experience and network of global sites, while preserving its philosophy, management and employees. The people behind the success of the start-up remain more committed than ever to writing this new chapter and the company intends to double its workforce by the end of the year. And by 2025, OVRSEA aims to achieve annual revenue of €200 million.
For its part, Bolloré Logistics will be able to expand its range of services and provide its customers with an all-digital experience thanks to latest-generation technologies.