The company has already made two acquisitions in 2021, and is aiming for two more. After years of running successful supply chain start-ups, his passion for logistics and technology led him to launch project44, the only 100% digital supply chain visibility provider. 835 SHARON DRIVE, SUITE 200, CLEVELAND, OH 44145 |P: 800.988.4726 |PRIVACY POLICY. googletag.pubads().enableSingleRequest(); He produces and co-hosts the hit podcast and FreightWavesTV show, WHAT THE TRUCK?!? googletag.cmd.push(function() { My mom named me after my uncle, who was a boxer. It was a much safer environment and let me focus on school. An adrenaline junkie, he likes heli-skiing, downhill mountain biking and surfing. Stay up-to-date with local business news and networking events from Smart Business. CarrierDirect is a thought leadership and consulting company that meets with CEOs and looks for ways to shape strategy based on the vision and imagination of the leader. Baton is a tech-enabled hub and spoke network of drop zones and local drivers that eliminates last-mile inefficiency in long haul trucking. }); Dooner is an award-winning podcaster, content producer and host who is currently the director of audio at FreightWaves and the creative director of Back The Truck Up. Contact us at events@freightwaves.com for questions or concerns. Founder and CEO, project44. Europe, Menlo Park, China), Where the person is located (e.g. Through a strong will and deep determination, McCandless forged a career path that brought him to work for a third-party logistics provider. I pay my people hardly anything when they get started, McCandless says. Sign up for notifications from Insider! He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). Missing Crain's in print? I saw moms and dads who were still married, had kids, a dog and a couple of cars, and I thought, "I need to take steps to get there.". A great broker is worth between 9-12 EBIT so what . Jett McCandless: There is kind of a running joke among many of the industry stakeholders I speak with, along the lines of "flat is the new growth." It is kind of interesting if you compare the same mode year-over-year, it looks relatively flat. Emergence Capital partner Joe Floyd talks to Jett McCandless about his journey as an entrepreneur and how he founded project44, bringing digitization to the. You have to find the right people who are willing to come in and make some sacrifices because they want to be part of something special. Worldwide Express, Coyote Logistics, Echo Global and Con-Way. Weve been able to break through that barrier. Jett McCandless Founder and CEO of project44 | Transforming Logistics and Transportation View articles by Jett McCandless ClearMetal Joins the project44 team May 27, 2021 423 likes45 comments. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. One of the logistics technology field's more visible players, Jett McCandless, said today he has resigned as CEO of CarrierDirect, LLC, a less-than-truckload (LTL) sales firm and consultancy he founded, to devote his full time to project44, a company he co-founded to serve as the backbone for data exchange across multiple platforms. At CarrierDirect, McCandless struck a deal with a California-based LTL carrier named Shift Freight to launch what was believed to be the first LTL model to work only with brokers and 3PLs. He's building a dedicated M&A team. Jett McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Their latest investment was Pre Seed Round - Interstate Health Systems on Nov 16, 2022, when Exits Number of Exits 1 Jett McCandless has 1 exit - Baton. His next few acquisitions will be aimed at cracking the evergreen problems that customers struggle with in any shipping environment. Main competitor Fourkites, data-driven freight brokerage Flexport, trucking tech startup KeepTruckin, and others brought in rounds of $100 million and above this year. Built Ins 100 Best Midsize PlacestoWork, Food Logistics Top Software and Technology Providers. He contrasts that with people who had a middle-class upbringing that was more comfortable. All Products; Closures; Drums and Drum Accessories; Glass Containers; Liners; Measuring Cups; Open and Tight Head Plastic Containers; Open and Tight Head Steel Containers Jett's age is 65. Join us for a live webinar on Jan 12 to hear Tom Enright, VP Retail Supply Chain at Gartner and Bart De Muynck, Chief Industry Officer at project44 talk about Solving the Inventory Equation. Here's what they'll be after. The Most Powerful Women In Chicago Business. }); googletag.cmd.push(function() { This documentary-style series follows investigative journalists as they uncover the truth. The residency of Jett is at 3602 140th Avn NE, Bellevue, WA 98005-1448. Mom didn't want my nose to get broken, so I was only allowed to train. (Podcast), Chief Executive Officer/Founder, Project44 Inc. Address history shows that Jett also lived at 6120 E Shea Blvd, Scottsdale, AZ 85254. Pre Seed Round - Interstate Health Systems, SaaS Companies With Less Than $1B in Revenue (Top 10K), Supply Chain Management Companies With More Than 10 Employees (Top 10K), Midwestern US Companies With More Than $1M in Revenue (Top 10K), Freight Service Companies With More Than 100 Employees, Illinois Companies With Less Than $10M in Revenue (Top 10K), Private Greater Chicago Area Companies (Top 10K), Greater Chicago Area Supply Chain Management Companies, Greater Chicago Area Companies With More Than 10 Employees (Top 10K), Number of portfolio companies associated to the Person, The organization associated to the person's primary job, Where the person is located (e.g. They make $150,000 or $300,000 a year, but the idea that they would start their own business and it might not work is too risky for them. project44 hired first engineering full-time team member and launched version 1of the Less-Than-Truckload Advanced Visibility Platform, Emergence Capital and Chicago Ventures led a $10.5 million Series Aventure capital investment, Expanded the Advanced Visibility Platform to include North American Truckload capabilities, Expanded the Advanced Visibility Platform to include North AmericanRail, OpenView led a $35 million Series Bventure capital investment, International and domestic Parcel functionality launched within Advanced Visibility Platform, Sapphire Ventures led a $45 million venture capital investment, Ranked second on the FreightTech 100list, Acquired GateHouse Logistics, opened first European office and expanded network coverage to 48 countries, Hit 200 full-time employees across theglobe, Expanded Advanced Visibility Platform to include Ocean and Port visibility, Launched two new purpose-built applications Visibility Operations Center and Network Management Center, Launched full lifecycle truckload automation capabilities, Ranked second on the FreightTech 100 list for the second consecutive year, Officially opened an office in Paris,France, Introduced industrys first carrier onboarding guarantee, Awarded an SAP Pinnacle Award as Cloud Integration Partner oftheYear, Introduced best-in-class certification forcarriers, Announced the industrys first global multimodal visibility platform, including air, groupage, and global ocean visibility, Announced Order and Inventory visibility solution, Ranked second on the FreightTech 100 list for the third consecutive year, Insight Partners led a $100 million Series Dventure capital investment, Acquired Ocean Insights to expand ocean visibility solution and globalreach, Google selects project44 as first real-time visibility provider for Google Cloud Supply Chain Visibility TwinSolution, Acquired Convey to extend project44s real-time visibility and exception management to last mile, including parcel, courier, white-glove doorstep delivery, and visibility into itemreturns, project44 was named aLeader in the G2 Fall 2021 Grid Report for Supply Chain Visibility Software, Named a2021 Customers Choice in the Gartner Peer InsightsVoice of the Customer report for Real-Time Transportation Visibility Platforms, Named #1 on the 2022 FreightWaves FreightTech 25list, Receives $420M Investment led by Thoma Bravo, TPG, and Goldman Sachs valuing the business at $2.2B pre-money. We and our partners use cookies to Store and/or access information on a device. I get challenged by a lot of other CEOs, McCandless says. Jett A McCandless, age 60s, lives in Scottsdale, AZ. At Project44, Jett McCandless has 31 colleagues including Stuart Larkins (Director), Joseph Floyd (Director) . Jett McCandless is Founder and CEO of project44. . Stay up to date with what you want to know. . Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. 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