Descartes

Descartes offers software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Read more

1,188 Followers on Owler
1,188 Followers on Owler
1,188 Followers on Owler
1,188 Followers on Owler

Descartes

Descartes offers software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Read more

Edward J. Ryan's photo - CEO of Descartes

CEO

Edward J. Ryan

CEO Approval Rating

90/100

Founded:

1981

Status:

PublicIndependent CompanyTMX Group - Toronto Stock ExchangeDSG

DESCARTES TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

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Axit AG is perceived as one of Descartes's biggest rivals. Axit AG is headquartered in Frankenthal, Rhineland-Palatinate, and was founded in 1999. Axit AG operates in the Application Software industry. Axit AG generates 8.60% the revenue of Descartes.

CTSI-Global is one of Descartes's top competitors. CTSI-Global is a Private company that was founded in 1957 in Memphis, Tennessee. CTSI-Global competes in the Courier, Logistics & Freight Services field. Compared to Descartes, CTSI-Global has 1,213 fewer employees.

Amber Road has been one of Descartes's top competitors. Amber Road was founded in 1988 in East Rutherford, New Jersey. Amber Road competes in the Internet Software industry. Amber Road generates $262.5M less revenue than Descartes.

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Descartes Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$348.7M

Descartes's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 77.3M. Over the last four quarters, Descartes's revenue has grown by 11.6%. Specifically, in Q1 2021's revenue was $93.4M; in Q4 2020, it was $87.5M; in Q3 2020, it was $84M; in Q2 2020, Descartes's revenue was $83.7M.

Descartes Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
QuestaWeb, Inc.

Mar 2021

Source »
$36M
QuestaWeb develops a SaaS-based platform that offers trade management and regulatory compliance solutions for the logistics sector.
Shiptrack

Nov 2020

Source »
$19M
Shiptrack develops a cloud-based logistics platform that offers shipment tracking and last-mile delivery solutions to the E-commerce sector.
Kontainers

Jun 2020

Source »
$6M
Kontainers is an ocean freight platform that offers booking, tracking, and dashboard analytics solutions for freight forwarders.
Peoplevox Ltd.

Feb 2020

Source »
$24.5M
Peoplevox develops a cloud-based platform that provides warehouse management solutions for the E-commerce sector.
BestTransport.com, Inc.

Aug 2019

Source »
$11.2M
BestTransport develops a cloud-based platform that provides transportation management services to shippers and carriers.

These are all the companies that Descartes has acquired. Descartes has acquired 27 companies and its latest acquisition was QuestaWeb, Inc. in Mar 2021. QuestaWeb develops a SaaS-based platform that offers trade management and regulatory compliance solutions for the logistics sector.

Descartes Funding History

Since Descartes was founded in 1981, it has participated in 1 round of funding. In total Descartes has raised $57.0M. Descartes' funding round was on Feb 1998 for a total of $57.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Feb 1998
$57M

Since Descartes was founded in 1981, it has participated in 1 round of funding. In total Descartes has raised $57.0M. Descartes' funding round was on Feb 1998 for a total of $57.0M

Descartes Investments

No recent investments found related to Descartes

These are all the companies that Descartes has invested in. Descartes has invested 27 companies and its latest investment was QuestaWeb, Inc. in Mar 2021. QuestaWeb develops a SaaS-based platform that offers trade management and regulatory compliance solutions for the logistics sector.

Descartes News

April 26, 2021Supply Chain Management Review

Descartes Releases Sourcing Risk Analysis of Critical Supply Chains in Biden Executive Order

Descartes Systems Group a global leader in uniting logistics-intensive businesses in commerce, recent... See more »
April 21, 2021MarketScreener

Descartes Releases Sourcing Risk Analysis of Critical Supply Chains in Biden Executive Order

(marketscreener.com) ATLANTA, April 21, 2021 -- Descartes Systems Group , the global leader in unitin... See more »
April 7, 2021MarketScreener

Annual Report (SEC Filing - 40-F)

(marketscreener.com) Exhibit 99.1 The Descartes Systems Group Inc. Annual Information Form ...https:/... See more »
March 9, 2021Air Cargo Week

Universal Logistics chooses Descartes

Descartes Systems Group has announced that Ontario-based Universal Logistics Inc., a freight forwardi... See more »
March 6, 2021Global Legal Chronicle

Descartes Systems Group's Acquisition of QuestaWeb

Haynes and Boone represented QuestaWeb in the transaction. Descartes Systems Group executed the acqui... See more »
February 17, 2021FinanzNachrichten

Superfood Start-up KoRo Uses Descartes Ecommerce Warehouse Management Solution to Fulfill Surging Order Volumes

MUNICH, Germany, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG),... See more »
February 6, 2021DC Velocity

Fresenius Enhances Nationwide Distribution with Descartes Last Mile Delivery Solution

Solution Supports Growth of Home Dialysis, Improves Customer Experience, and Creates Efficiencies wit... See more »

Descartes Blogs

April 24, 2019Descartes Blog

3rd Annual Transportation Management Benchmark: Where Does Your Company Stand?

Three years ago, we started the Transportation Management Benchmark Survey because we were seeing som... See more »
April 22, 2019Descartes Blog

Evolution Recap for Routing Mobile and Telematics: Customer Experience & Innovation

It was a wonderful three days at Descartes Evolution 2019. Customers had the opportunity to network, ... See more »
April 18, 2019Descartes Blog

June 12 Is the Date for Final U.S. ACAS Regulatory Enforcement

Attend the Definitive ACAS Web Seminar or View the RecordingA joint U.S. Customs and Border Protectio... See more »
April 9, 2019Descartes Blog

Descartes Evolution 2019 - Global User & Partner Conference Recap

Embracing the theme of Transforming the Customer Experience, Descartes Evolution Global User & Partne... See more »
April 5, 2019Descartes Blog

Evolution 2019 Purchased Transportation Recap: Customer Experience & Innovation

Descartes Evolution 2019, our annual global user and partner conference, has wrapped up, and it was a... See more »
April 4, 2019Descartes Blog

Descartes Evolution 2019 Recap

Hi everyone,For those who couldn't attend, here are some highlights of Descartes Evolution 2019, focu... See more »
March 5, 2019Descartes Blog

Why Building Extraordinary Customer Experience in Ecommerce Fulfillment Is Critical

In the early ecommerce days of the 2000s, consumers were happy that they could simply buy products on... See more »

Descartes Press Releases

October 7, 2020StreetInsider

Argosy International Inc. Increases Export Compliance Productivity by 75% with Descartes Visual Compliance

WATERLOO, Ontario, Oct. 07, 2020 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG... See more »
May 28, 2020GlobeNewswire

Descartes Announces Results of Annual and Special Shareholder Meeting

WATERLOO, Ontario, May 28, 2020 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (Nasdaq:DSGX) (T... See more »
May 27, 2020GlobeNewswire

Descartes Announces Fiscal 2021 First Quarter Financial Results

Record Services Revenues and Income from Operations... See more »
April 28, 2020StreetInsider

Capital Logistics Uses Descartes Solutions to Help National Grocery Retailers Facing COVID-19-Driven Volatility

WATERLOO, Ontario, April 28, 2020 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG... See more »
March 4, 2020GlobeNewswire

Descartes Announces Fiscal 2020 Fourth Quarter and Annual Financial Results

Global Logistics Network Drives Record Revenues... See more »

Descartes Videos

Social Media

Descartes Headquarters

120 Randall Drive

Waterloo, OntarioN2V 1C6

1-519-746-8110

Driving Directions »

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Descartes Summary

ABOUT

Overview

Descartes offers software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Descartes was founded in 1981. Descartes' headquarters is located in Waterloo, Ontario, CA N2V 1C6. It ...

CEO

Descartes's CEO, Edward J. Ryan, currently has an approval rating of 90%. Descartes's primary competitors are Axit AG, CTSI-Global & Amber Road.

Website

descartes.com

Frequently Asked Questions about Descartes

  1. When was Descartes founded?

    Descartes was founded in 1981
  2. Who is Descartes's CEO?

    Descartes's CEO is Edward J. Ryan
  3. How much revenue does Descartes generate?

    Descartes generates $348.7M in revenue
  4. How much funding does Descartes have?

    Descartes has historically raised $57M in funding
  1. Where is Descartes's headquarters?

    Descartes's headquarters is in Waterloo Ontario, CA
  2. How many employees does Descartes have?

    Descartes has 1,547 employees
  3. What sector does Descartes operate in?

    Descartes is in Systems Software, SaaS
  4. Who are Descartes's competitors?

    Descartes's top competitors are Axit AG, CTSI-Global, Amber Road