project44 achieves cash flow breakeven, 40%+ ARR growth in Q3 2025

project44, the Decision Intelligence Platform for proviso chains, announced that it achieved operational currency travel breakeven successful Q3 portion delivering implicit 40% year-over-year maturation successful caller yearly recurring gross (ARR). This dual milestone underscores the company’s accelerated betterment from post-COVID challenges and its assertive propulsion into intelligent automation and proscription management.

The Chicago-based company, founded by Jett McCandless, has aggressively pushed into intelligent automation. The institution reported explosive growth. Today, 30% of the company’s ARR is tied to its Intelligent TMS platform.

The institution reported implicit 40% year-over-year maturation successful caller ARR successful Q3 2025, achieving operational currency travel breakeven. This balanced contributions from caller logos and expansions among existing customers. Multi-year declaration bookings jumped 25% year-over-year, signaling deepening endeavor committedness to its platform. project44 added Fortune 500 customers successful pharmaceuticals, streaming technology, concern manufacturing, and user goods sectors.

“This quarter, project44 accelerates arsenic an organization,” McCandless said successful the release. “We execute operating fiscal independence, standard faster than ever, and present innovations that thrust measurable results for customers.”

“This show this 4th demonstrates however project44 accelerates arsenic an organization,” McCandless stated successful the property release. “project44 is achieving operating fiscal independence, scaling faster than ever, and delivering innovations that thrust measurable results for our customers.

Cash travel breakeven wasn’t conscionable a effect of explosive gross growth, but represented the effect of a long, achy play of right-sizing and refocus. In a telephone speech with FreightWaves, McCandless said that project44 has taken $118 cardinal of operating costs retired of the business, radically shrinking headcount from much than 1,200 employees astatine 1 constituent to astir 575 today. The institution besides fired much than $30 cardinal worthy of unprofitable business, overmuch of it from logistics services providers whose nett revenues compressed aft the pandemic, and decided that it had to zero successful connected its perfect customer: what it calls the ‘global 2,000 shippers.’

It’s a singular translation for a task capital-backed tech startup that raised $760 cardinal during the epoch of blitzscaling and ZIRP. Cutting headcount forced project44 to absorption connected the customers that genuinely mattered, McCandless said, and allowed the institution to vessel caller bundle overmuch faster.

The results headdress a twelvemonth of merchandise momentum for project44, which has shifted from axenic visibility supplier to full-stack determination quality suite. FreightWaves covered the motorboat of its Intelligent TMS successful August 2025, marking project44 arsenic the archetypal visibility subordinate to participate the TMS space. Intelligent TMS, built atop its Movement platform, integrates procurement, planning, execution, and visibility crossed modes, utilizing agentic AI to orchestrate analyzable workflows.