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Explorate secures $7.5M to automate supply chains and expand globally

Marie von Koeller
Marketing Associate Manager - Media Team
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Published
20 January 2022
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2 min read
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BRISBANE, QLD — Brisbane-based digital freight forwarder Explorate has closed a $7.5 million Series A funding round to aggressively scale its local footprint and modernize the traditional logistics sector. The capital injection was led by premier B2B software venture capital firm Equity Venture Partners (EVP), with early backing and foundational support from Skalata Ventures (chaired by logistics pioneer and former Toll Group CEO, Paul Little).  

The funding will fuel a massive nationwide expansion, beginning with the rollout of four new domestic offices across Australia. This geographic growth is backed by a rapid recruitment drive to bring on the next generation of logistics and engineering talent, building out an agile team to support the platform's expanding client roster.  

Explorate co-founders Alex Ewart and Conor Hagan, whose digital freight forwarding platform has secured a $7.5M Series A round to automate and transform traditional supply chain workflows.

Since launching, Explorate has rapidly scaled its tech-driven operation to over 100 corporate customers—including major brands like Brosa, Tommy Swiss, and the Port of Melbourne—while processing more than $75 million in gross bookings across 300 international port pairings. By replacing antiquated, offline systems with an automated, tech-enabled infrastructure, the company has maintained a five-fold year-on-year growth trajectory.  

"We are starting off the year with a bang," said Conor Hagan, Co-Founder and Co-CEO of Explorate. "This capital allows us to double down on our core product. We’re aggressively moving forward with automation, predictive data analytics, and heavily upgraded user interfaces that give modern businesses a real competitive advantage in a volatile global market."

In addition to expanding space allocation and domestic infrastructure, a primary mandate of the capital raise will focus on building forward-thinking global supply chains. Explorate plans to integrate dedicated environmental metrics directly into its workflow management, empowering businesses to accurately track, report, and actively pioneer carbon-neutral supply chains.  

About Explorate

Explorate is a digital freight forwarder that makes global logistics management remarkably straightforward. Combining a cutting-edge platform—featuring instant bookings, real-time track and trace, and smart workflow dashboards—with a concierge-style team of logistics experts, Explorate provides modern shippers with the agility and supply chain control required in today’s volatile market.

Conor Hagan, Co-CEO and Co-Founder of Explorate, said: “It’s been a fantastic journey working alongside the team at Nick Scali to bring this project to life. Collaborating with such an iconic Australian brand to transform their supply chain into something not only industry-leading but capable of supporting innovative thinking for years to come has been a privilege.”

Marie von Koeller
Marketing Associate Manager - Media Team

Bringing 10+ years of experience across international marketing, business administration, and strategic brand management, Explorate's media lead has directed corporate communications within competitive industrial and tech sectors to expertly navigate reputation across the digital supply chain landscape.

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References
  • Australian Financial Review. (2022). How Rich Lister Paul Little Helped Start-Up Explorate Find Its Fit. Link  
  • Equity Venture Partners (EVP). (2022). Investment Notes: Leading Explorate’s $7.5M Series A Capital Allocation. Link  
  • Skalata Ventures. (2022). Founder Stories: Overhauling Global Supply Chains and Restructuring the Explorate Pricing Model. Link  
  • Daily Cargo News. (2022). Digital Freight Forwarder Explorate Raises $7.5m to Fuel Strategic Australian Partnerships. Link  
  • Frequently Asked Questions

    Explorate gives supply chain managers one real-time view across ever forwarder, lane and mode without replacing your current process, partners or systems.

    What is Explorate?
    What types of freight do you handle?
    What’s the best method for shipping my goods?
    My forwarder already gives me tracking. What’s different?
    Can I request my own quote?
    How often is the shipment data updated?
    How hard is it to get started?