Speys

Speys operates as a digital logistics platform, offering manufacturers and retailers a way to automate and outsource their logistical operations. The company was founded in Finland in 2016 by Jouko Sipilä, who, along with his partners, identified a gap in the market for modernizing freight logistics practices. Speys initiated its operations using its own cash flow, focusing on immediate business and growth.

A significant milestone in the company's history was the acquisition of the Estonian startup Shipitwise in late 2019. Shipitwise was established in 2015 by co-founders including Aleksander Gansen, Ragmar Saksing, and Sander Gansen, with the initial goal of creating a shipping aggregator for instant price quotes. The idea for Shipitwise originated from Aleksander Gansen's personal experience of being unable to find an affordable way to ship a large antique from London to Estonia. Gansen, a serial entrepreneur with a background in business administration and ventures ranging from sawmills to e-commerce, brought extensive business-building experience. Saksing, with a background as a maritime biologist and over 18 years in technology, contributed a unique perspective on systems and environmental tech. Despite developing a complex algorithm to digitize and combine services from various freight forwarders, Shipitwise struggled with adoption by large, established logistics firms resistant to price transparency. This challenge ultimately led to the merger with Speys, where the Shipitwise team and technology were integrated to strengthen Speys' digitalization capabilities. Aleksander Gansen joined Speys to head its Digitalisation division.

Speys' business model centers on its Digital Party Logistics (DPL) solution. This service provides clients with a cloud-based platform and virtual teams to manage their supply chain. The platform is not just a marketplace; Speys takes end-to-end responsibility for managing its customers' logistics. It serves manufacturers and retailers by replacing fragmented communication methods like emails and spreadsheets with a unified system for booking, live tracking, real-time KPIs, and data analysis. The core of their offering is a virtual control system that enables global scalability. Revenue is generated by providing this technology and the associated services to automate and manage freight forwarding tasks.

Keywords: digital logistics, freight automation, logistics platform, supply chain management software, freight forwarding, Digital Party Logistics, logistics outsourcing, Shipitwise, Jouko Sipilä, Aleksander Gansen, logistics technology, freight management, transport automation, logistics-as-a-service, e-documents, live freight tracking, logistics data analysis, B2B logistics, Finland, Estonia