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AI & ML · Singapore

Voyage

Forecasting models for freight networks under load.

Stage
Series A
Founded
Founded 2021
First invested
We invested 2021
Team
22 people
Total raised
$18M
Current stage
Series A
Team
22
Founded
2021
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AI & ML · Singapore

What they build

The product, in plain terms

Voyage builds forecasting models for freight networks under load. The company started in Singapore in 2021. We backed it at pre-seed and have worked with the team through Series A.

  1. 01

    A model layer trained on the customer's own history of decisions, not a general base model with a prompt wrapped around it.

  2. 02

    An evaluation harness that runs before anything ships, so the team can prove a change made the output better rather than different.

  3. 03

    Human review built into the product from the start, because the first buyers will not accept an unsupervised system.

Where it stands

Numbers the team watches

Reported by the company at its most recent board meeting. We publish what founders are comfortable publishing and nothing more.

Tasks handled monthly
4K
Accepted without review
97%
Median time saved
9 days

Why we invested

The note from the first meeting

We met Voyage in 2021, back when the demo was easy and the last ten percent of accuracy was where every competitor was dying. They were building the boring half of the product first, which almost nobody does, and it made the rest of the roadmap credible.
Amara OkaforFounding Partner
  • Signed its first design partner before the program ended.
  • Shipped the enterprise tier without hiring a single sales engineer.
  • Turned down an acquisition offer in year two and was right to.

Founders

Who is building it

Both founders were in the room the day we wrote the check, and both still run the company.

  • Jonas Lindqvist

    Co-founder and CEO

    Spent six years as a customer of the tools they now compete with.

  • Farhan Karim

    Co-founder and CTO

    Built the internal version at a previous employer and could not get it licensed out.

Timeline

How it has gone

The version we would give another investor, including the years where nothing looked like progress.

  1. 2021

    Founded

    Jonas Lindqvist and Farhan Karim start Voyage in Singapore around a single wedge: forecasting models for freight networks under load.

  2. 2021

    We invested

    We wrote the pre-seed check. Amara Okafor has worked with the team ever since.

  3. 2022

    Paid customers

    Contracts replaced pilots, and the company stopped selling a roadmap and started selling a product.

  4. 2023

    Series A round

    Raised at $110M, led by an investor we introduced during diligence. We took our full pro rata.

  5. 2026

    Where it stands

    22 people, selling in more markets than it started in, still run by the two people who wrote the first version.

Alongside us

Co-investors

We share rounds with people we would want on our own cap table.

  • Lux Capital
  • Matrix
  • Uncork Capital
  • Kleiner Perkins

Working here

Open roles

Voyage is hiring in these areas. Mention us and the note gets to the founders directly.

  • Enterprise sales
  • Applied research
  • Forward deployed engineering

Building something next to Voyage?

We are usually early to a category and happy to be early again. Send us the short version.