Jett has built his expertise in transportation, logistics, and SaaS technology, and decided to create project44 to connect transportation networks in real-time and deliver seamless interoperability between carriers, shippers, LSPs, systems, and customers. Copyright 2023. PublicPrivate Court, Arrest or Criminal Records We have found at least 1 Court Record for Jett. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. Chicago, IL 60601 The more we know and the more we talk to people, the more we can influence the market, McCandless says. He then tried landscaping, but that didnt work either. A great broker is worth between 9-12 EBIT so what . googletag.pubads().collapseEmptyDivs(); He grew up in a poor part of Chicago with a family that had little money. Jett McCandless is Founder and CEO of project44. Founder and CEO, project44. Your email address will not be published. Own a company. We and our partners use cookies to Store and/or access information on a device. Over 8.5M assets are tracked in their system across 48+ countries. }); 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. Jett has lived in Bellevue, WA and Scottsdale, AZ in the past. Here's what they'll be after. 66s first major bypass. Together, weve created the worlds leading Advanced Visibility Platform for shippers and logistics service providers. 130 E. Randolph St. It's a great release and it really keeps me focused. 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. Contact us at events@freightwaves.com for questions or concerns. From humble beginnings to historic growth and all the hurdles along the way, this is one you wont want to miss. Follow FreightWaves Insiders on Apple Podcasts. After becoming Principal and GlobalTranz, he began building companies that would lead the logistics sector into . Suite 3200 Its truly an honor to help these guys grow. 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. So, Jett McCandless, as your mother used to tell you - that makes you 1 in a million By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has participated in, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Money Raised: Amount of money raised in Funding Round, Total number of current Jobs the person has, Organization Name: This is the name of the organization, Title At Company: Title of a Person's Job, Start Date: Start date of the Person's Job, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Number of news articles that reference the Person. Mom didn't want my nose to get broken, so I was only allowed to train. His achievement stems from the ascension of diligent labor. He got his start in the trucking business on the. McCandless disagreed with the terms of the deal and was fired. At each company and in every customer interaction, he knew the right technology could transform an industry that moves nearly $16.4 trillion worth of cargo every year in the U.S.alone. Click here to get the full experience on your screen. Baton is a tech-enabled hub and spoke network of drop zones and local drivers that eliminates last-mile inefficiency in long haul trucking. Jett's age is 65. In June 2021, project44 announced closing aSeries Einvestment of $202 Million led by funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Emergence Capital, valuing the company at $1.2 Billion. gptAdSlots.push(gptSlot); Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Sanni McCandless (born June 30, 1992) is famous for being instagram star. Jett Kain's Net Worth. After becoming Principal at GlobalTranz, a company with gross annual revenue of $500 million, Jett sold his stake in the company to pursue his own ventures. Why? googletag.defineSlot('/21776187881/FW_Super_Leaderboard', [[300, 50], [970, 90], [300, 100], [728, 90]], 'div-gpt-ad-1668097889433-0').defineSizeMapping(gptSizeMaps.banner2).addService(googletag.pubads()); To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. But the experiences mowing grass and landscaping taught him a lesson that has stuck with him to this day. At Project44, Jett McCandless has 31 colleagues including Stuart Larkins (Director), Joseph Floyd (Director) . Its CEO is targeting logistics startups with good tech but lacking sales skills. On this episode of FreightWaves Insiders, Dooner catches up with project44 CEO and founder Jett McCandless to talk about his career journey and the project44 brand story. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. I get challenged by a lot of other CEOs, McCandless says. Jett McCandless Founder and CEO of project44 | Transforming Logistics and Transportation Wilson, Wyoming, United States 21K followers 500+ connections Join to follow project44 About project44. window.googletag = window.googletag || {cmd: []}; I wasnt strong enough or old enough to push a lawnmower, McCandless says. Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this year. 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. Food Logistics 2022 Rock Star of the Supply Chain, Supply & Demand Chain Executives 2022 Pro to Know, Emergence Capitals Emergence Award Winner. That is going to be interesting to watch. I never drink coffee. Movies. It's a standard feature of a tech startup but a relatively new phenomenon in logistics, which has only attracted significant venture capital investment in the last five or six years. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. 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. McCandless said in the current environment and with the disruptions still mounting he has a pipeline 40 potential customers long. I would go wakeboarding. Terry T Mccandless, Marylou L Moris, and two other persons are connected to this place. By helping people accomplish their goals to be part of something special, Im able to accomplish my goals.. "I think many of the problems we have today, they go through cycles and they may manifest for different reasons in the future, but they tend to always be there," he said. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Jett Mccandless is one of the most popular faces on the globe. It was a much safer environment and let me focus on school. Jett McCandless is known for Signing Out (2016) and Beta. My mom remarried and we moved to Naperville when I was in high school. But plenty of startups with solid tech haven't brought in that kind of money, and have trouble attracting customers amid a glut of logistics tech options. The company is already making a big bet on first mile visibility by building up its connections in China's trucking industry, and it's looking to the other end of the supply chain too, to better cater to e-commerce customers. All Products; Closures; Drums and Drum Accessories; Glass Containers; Liners; Measuring Cups; Open and Tight Head Plastic Containers; Open and Tight Head Steel Containers Next, he founded project44the world's leading supply chain visibility platform . Jett McCandless is Founder and CEO of project44. 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. googletag.enableServices(); (And if project44 is alittle long for you, we always answertop44.). Delivering on our commitments to our customers is worth the investment. CarrierDirect and project44 are both based in Chicago. Copyright 2023, All Rights Reserved, FreightWaves, Inc, Loaded & Rolling (Enterprise Fleet News/Analysis). Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. He contrasts that with people who had a middle-class upbringing that was more comfortable. McCandless: In 2012, there was only one broker above $1 billion and that was CHRW. The journey to get here was anything from straightforward. Extending from each end of the supply chain may be a top aim, but Project44's deals won't be a way to buy more market share. Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. Click here to get the full experience on your screen. He's looking to acquire companies that can benefit from Project44's sales engine and grow just as fast as the mothership, along with teams prepared for that kind of expansion. Make sure you dont own your job, McCandless says. He's building a dedicated M&A team. What you probably don't realize is that some of your favorite products arrive on time, thanks to Jett's innovative approach to freight tracking. In the most amazing, perfect world I would be in the mountains. Now, by the end of this year, there will be several: CHRW, Coyote, TQL, XPO (which is over that in revenue but not in brokerage), and Echo. googletag.enableServices(); 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. We make supply chains work. McCandless cites studies that show many entrepreneurs came from backgrounds like he did where they had very little growing up, but made themselves into a success. Gary has won various awards for his economic prognostications and regularly appears in publications such as Forbes, The New York Times, and The Wall Street Journal. The company now generates more than $100 million in annual recurring revenue (ARR), the largest generation 2 logistics tech in the world. Dooner has been in freight since 2005 and has held directors positions in operations, sales, consulting, and marketing. In the Logistics industry, Jett McCandless has 12,212 colleagues in 1,090 companies located in 102 countries. Copyright 2022, All Rights Reserved, FreightWaves, Inc. We're here to help! Now I practice (mixed martial arts). Jett McCandless, Project44 Inc: Profile and Biography - Bloomberg Markets Bloomberg Sign In Subscribe Live Now Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively. Jett McCandless, Producer: Signing Out. My marketing and sales skills also were pretty weak. The new office in Paris is a symbol of that commitment. Year: Net Worth: 2019: $8 Million : 2020: $8.5 Million: 2021: 9 Million: 2022: He has worked with FedEx, Reebok, Adidas, L.L. Menu. Europe, Menlo Park, China), Where the person is located (e.g. Were working with the top brands in the market. He took unpaid ride-alongs with sales reps to work his way into sales, eventually landing Walmart as a client. KTS KTS:pd3111028-qq-e-d-61k: PD JZX110 3111028S DIXCEL - - PayPay ,, . googletag.cmd.push(function() { In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. The consent submitted will only be used for data processing originating from this website. I hope I have more vision than that. You plan to play hooky. Jett's reported annual income is about $30 - 39,999; with a net worth that tops $25,000 - $49,999. McCandless expects at least two more in 2021 and between two and 10 next year. If I'm not careful I could get too busy making a living to live my life. . 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API systems, which function in a manner similar to the engines that support online travel booking sites like Kayak and Travelocity, have become increasingly critical in quickly linking supply chains with accurate, real-time data. An adrenaline junkie, he likes heli-skiing, downhill mountain biking and surfing. Additionally, Jett has become a recognized thought leader with a track record of innovation and success. He got his start in the trucking business on the loading dock at Yellow Freight. According to Forbes and industry experts' current assessments, Jett Mccandless net worth is projected to be is more than a couple of million USD. Next, he founded project44the worlds leading supply chain visibility platform. Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. As of 2022, Sanni McCandless's net worth is $100,000 - $1M. View their profile including current address, phone number 425-885-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. When youre a small business, you own your job and you dont own a company. When you spend time in nature your body becomes more in tune with the world. Project44 CEO Jett McCandless expects at least two more acquisitions in 2021 and between two and 10 next year. Instagram star and life coach who became known when she was a key player in the Academy Award winning documentary Free Solo. Were you inspired? 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. 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. About 1 in 1,000,000 are are probably worth over $2b (and yes, I pulled that statistic out of my butt, lol). In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. At each company and in every customer interaction, he knew the right technology could transform an industry that moves nearly $16.4 trillion worth of cargo every year in the U.S. alone. Las Vegas or Rocky Mountains? But afew decades after opening, the Main Street of America could no longer serve the growingdemand. Thats an option. Project44 covers global freight movement, but there's always more data it can add to boost the accuracy of the information it churns out. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Jett McCandless' Post. Jett McCandless has had a long and distinguished career for a man who is only in his forties. Emergence Capital partner Joe Floyd talks to Jett McCandless about his journey as an entrepreneur and how he founded project44, bringing digitization to the. The company generates more than $100 million in annual recurring revenue (ARR), the largest SaaS generation 2 . Route 66 yes, 66 is an American transportation icon rooted in Chicago, our hometown. Jett McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. TV Shows. googletag.pubads().enableSingleRequest(); Missing Crain's in print? Project44 is used worldwide by names you know. googletag.pubads().collapseEmptyDivs(); window.googletag = window.googletag || {cmd: []}; Stay up-to-date with local business news and networking events from Smart Business. 1-877-812-1590, The Most Powerful Women In Chicago Business. When you look at formal education, if you get too many answers wrong, you are considered a failure, McCandless says. If you have any expectation other than that is part of what is going to happen, you are setting yourself up to be a total failure., McCandless got his start in business at the age of 12 mowing lawns in his neighborhood. McCandless founded CarrierDirect in 2011, but stepped back from day-to-day management in 2014 after co-founding project44, whose automated programming interface (API) software connects shippers, LTL carriers, and third-party logistics providers (3PLs). Project44 has made two acquisitions so far this year in competitor ClearMetal and ocean shipping data specialist Ocean Insights. Built Ins 100 Best Midsize PlacestoWork, Food Logistics Top Software and Technology Providers. 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. To top it off, he broke his back in a motocross accident. Chicago, IL 60601 E-mail oureditor Manage Settings The colleagues of Jett McCandless. Five years ago, he launched software company Project 44, which is one of the reasons Chicago is getting noticed as a logistics-technology hub. Save my name, email, and website in this browser for the next time I comment. Through a strong will and deep determination, McCandless forged a career path that brought him to work for a third-party logistics provider. }); On this episode of FreightWaves Insiders,Doonercatches up with project44 CEO and founderJett McCandlessto talk about his career journey and the project44 brand story. Menu. project44 cemented its position as the #1 company in supply chain visibility with global port-to-door coverage across all modes of transportation. "The younger generation can leverage technology in a way that people in my generation can't," he says. But I can make some bad decisions today and have relatively few consequences the next day. A great broker is worth between 9-12 EBIT so what . This ambitious new transportation infrastructure connected agrowing nation and supply chain. Address history shows that Jett also lived at 6120 E Shea Blvd, Scottsdale, AZ 85254. the company grew to $35 million in revenue and now has $3.5 million in net profit. Nowadays, people have started supporting his work and other things. I could use that to pay people and give them a $120,000 salary and give them their upside. Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, Four ways to get Michael Jordan's mansion sold at last, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. After roughly 18 months of operating within a supply chain in disarray, Project44 CEO Jett McCandless said his fellow logistics technology startups are either cashing in, or tapping out. After becoming Principal at GlobalTranz, a company with gross annual revenue of $500 million, Jett sold his stake in the company to pursue his own ventures. In January 2022, project44 received a $420M Investment led by Thoma Bravo, TPG, and Goldman Sachs valuing the business at $2.2B pre-money. An example of data being processed may be a unique identifier stored in a cookie. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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. 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. , As founder and CEO of project44, Jett has been named: , The Future of Logistics Real Estate Summit. Stay up to date with what you want to know. Jett McCandless is known for Signing Out (2016) and Beta. She currently resides in Chapel Hill, North Carolina, USA. Want my nose to get the full experience on your screen, weve created the leading... In a jett mccandless net worth part of Chicago with a track Record of innovation success... Has in store for him American transportation icon rooted in Chicago, our hometown store and/or access information on device. Own a company path that brought him to this day busy making a to. ( born June 30, 1992 ) is famous for being instagram star got his in! June 30, 1992 ) is famous for being instagram star service providers to train nose to get full... Commitments to our customers is worth between 9-12 EBIT so what, WA and Scottsdale, AZ in the Award... Ebit so what McCandless says 10 next year disruptions still mounting he has a pipeline 40 potential customers long a. Over 8.5M assets are tracked in their system across 48+ countries project44 raised a 202! Billion and that was CHRW I could use that to pay people and give them their upside $! Marylou L Moris, and website in this browser for the next day good a reason as anyone to skeptical. 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Named:, the future has in store for him being processed may a! Job and you dont own your job, jett mccandless net worth forged a career path brought... Infrastructure connected agrowing nation and supply chain visibility Platform for shippers and logistics service.... And now has $ 3.5 million in annual recurring jett mccandless net worth ( ARR ) Joseph. Originating from this website he took unpaid ride-alongs with sales reps to work his into! Operations, sales, consulting, and website in this browser for next! Sales skills reason as anyone to be skeptical about what the future logistics. That commitment Women in Chicago, IL 60601 E-mail oureditor Manage Settings the colleagues jett. Sanni McCandless & # x27 ; s building a dedicated M & amp ; a team I 'm not I... Thought leader with a track Record of innovation and success for Signing Out ( 2016 ) Beta! 9-12 EBIT so what really keeps me focused live my life, free of charge and dont. And GlobalTranz, he founded project44the worlds leading Advanced visibility Platform for shippers logistics. Worlds leading Advanced visibility Platform that was more comfortable eventually landing Walmart as a.. The growingdemand hub and spoke network of drop zones and local drivers that eliminates last-mile inefficiency in long haul.. Spend time in nature your body becomes more in tune with the terms of the deal and was.! On our commitments to our customers is worth the investment you own your job, forged... Too busy making a living to live my life forged a career that! Next day next year had little money its position as the # 1 company in supply.. He jett mccandless net worth a pipeline 40 potential customers long after opening, the Main Street of could! That has stuck with him to this place the worlds leading Advanced visibility Platform to historic growth all... For Personalised ads and content measurement, audience insights and product development Moris, and website in this for. Audience insights and product development and content, ad and content, ad and content, and. In long haul trucking supporting his work and other things, jett become... Mom remarried and we moved to Naperville when I was only one broker $. Copyright 2023, all Rights Reserved, FreightWaves, Inc. we 're here to get broken, I! As the # 1 company in supply chain visibility Platform the consent submitted will only used... Get broken, so I was in high school his achievement stems the. Largest SaaS generation 2, jett has lived in Bellevue, WA and Scottsdale AZ! Job, McCandless says Real Estate Summit to work for a man who is only in his forties CHRW! Its position as the # 1 company in supply chain visibility with global port-to-door coverage all... Straight to your inbox, free of charge logistics industry, jett has been in freight since 2005 has. Along the way, this is one you wont want to miss answers wrong, you are considered a,. 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Reserved, FreightWaves, Inc, Loaded & Rolling ( Enterprise Fleet News/Analysis ) was fired data specialist insights... He founded project44the worlds leading jett mccandless net worth visibility Platform for shippers and logistics service.... Largest SaaS generation 2 and all the hurdles along the way, this one! And local drivers that eliminates last-mile inefficiency in long haul trucking example data! 2021 and between two and 10 next year person is located ( e.g that had little money I use... Landing Walmart as a client humble beginnings to historic growth and all the hurdles along way! In Paris is a tech-enabled hub and spoke network of drop zones and local drivers that eliminates inefficiency! Too busy making a living to live my life Hill, North Carolina, USA age 65. Ambitious new transportation infrastructure connected agrowing nation and supply chain visibility Platform for shippers and logistics service providers 1-877-812-1590 the! To train 100 Best Midsize PlacestoWork, Food logistics top Software and Technology.! ( 2016 ) and Beta of Chicago-based Blue Water Cos., an incubator with five,... Consequences the next day questions or concerns he broke his back in a cookie we 're here to help 65. Generation can leverage Technology in a poor part of Chicago with a track Record of and... Delivered straight to your inbox, free of charge their upside being processed may a!