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. 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.". Built Ins 100 Best Midsize PlacestoWork, Food Logistics Top Software and Technology Providers. Own a company. 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. I can help them leave their legacy. From humble beginnings to historic growth and all the hurdles along the way, this is one you wont want to miss. EN. E-mail oureditor He also writes a newsletter of the same title with over 10k subscribers in the supply chain and trucking niche. I went from multimillion-dollar homes and cars and whatever I wanted to a back brace with generic peanut butter and jelly sandwiches because I was so tight for cash, McCandless says. To date, we have received numerous awards for our Advanced Visibility Platform, were named #1 on the 2022 FreightWaves FreightTech 25 list, and have expanded globally by acquiring leading visibility providers like GateHouse Logistics, Ocean Insights, ClearMetal, andConvey. Manage Settings , As founder and CEO of project44, Jett has been named: , The Future of Logistics Real Estate Summit. A business owner in New York with a model similar to that of Jett's earns about $500,000. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); Jett McCandless 4d Report this post . 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Despite the ups and downs, McCandless says he never lost faith that he would be OK. View their profile including current address, phone number 425-885-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. Instagram star and life coach who became known when she was a key player in the Academy Award winning documentary Free Solo. His rise to the status of one of the worlds wealthiest people is a direct result of this success. He helped the company grow to $80 million in revenue and began to accrue all the symbols of wealth. Food Logistics 2022 Rock Star of the Supply Chain, Supply & Demand Chain Executives 2022 Pro to Know, Emergence Capitals Emergence Award Winner. googletag.pubads().collapseEmptyDivs(); Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. He has worked with FedEx, Reebok, Adidas, L.L. The company is growing fast. If I'm not careful I could get too busy making a living to live my life. gptAdSlots.push(gptSlot); 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. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. The idea is that the venture can become whatever you want it to be if you work hard enough. His achievement stems from the ascension of diligent labor. Project44 CEO Jett McCandless expects at least two more acquisitions in 2021 and between two and 10 next year. Chicago, IL 60601 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. TV Shows. 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. Jett maintains relationships with many people -- family, friends, associates, & neighbors -- including Sandra Simons, , Birk Mccandless, Tina Terry and Jean Mccandless. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. The more we know and the more we talk to people, the more we can influence the market, McCandless says. 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. At 34, he calls himself a "grandpa" compared to his. In the most amazing, perfect world I would be in the mountains. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Project44 covers global freight movement, but there's always more data it can add to boost the accuracy of the information it churns out. Jett McCandless is known for Signing Out (2016) and Beta. Baton is a tech-enabled hub and spoke network of drop zones and local drivers that eliminates last-mile inefficiency in long haul trucking. . Follow FreightWaves Insiders on Apple Podcasts Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Emergence Capital partner Joe Floyd talks to Jett McCandless about his journey as an entrepreneur and how he founded project44, bringing digitization to the. Were working with the top brands in the market. It has more than 200 employees and raised $80 million last year. That was four years ago. At Project44, Jett McCandless has 31 colleagues including Stuart Larkins (Director), Joseph Floyd (Director) . Movies. 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. 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. That was his nickname in the ring. He has steered multiple companies through accelerated growth, providing the logistics space with expertise and innovation along the way. Personal Investments Number of Investments 12 Jett McCandless has made 12 investments. . But the experiences mowing grass and landscaping taught him a lesson that has stuck with him to this day. 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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. I would go wakeboarding. . Business isnt like that. That is going to be interesting to watch. Now I practice (mixed martial arts). The Chicago-based startup specializes in bringing much-needed visibility to the traditionally opaque world of shipping container movements. About. 835 SHARON DRIVE, SUITE 200, CLEVELAND, OH 44145 |P: 800.988.4726 |PRIVACY POLICY. He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). (Podcast), Chief Executive Officer/Founder, Project44 Inc. PublicPrivate Court, Arrest or Criminal Records We have found at least 1 Court Record for Jett. In the Logistics industry, Jett McCandless has 12,212 colleagues in 1,090 companies located in 102 countries. I dont like that option. 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. Stay up-to-date with local business news and networking events from Smart Business. Its the perfect project to serve as ournamesake. To improve lives everywhere by creating aconnected, predictable, and sustainable world. I could use that to pay people and give them a $120,000 salary and give them their upside. Skip to main content Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. Founder and CEO, project44. An adrenaline junkie, he likes heli-skiing, downhill mountain biking and surfing. My mom named me after my uncle, who was a boxer. He produces and co-hosts the hit podcast and FreightWavesTV show, WHAT THE TRUCK?!? Over the past two decades, I've seen firsthand the ongoing data connectivity, automation, and visibility challenges ingrained across our global supply chains, and founded project44 in 2014 . Who knew? 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). Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. We and our partners use cookies to Store and/or access information on a device. McCandless expects at least two more in 2021 and between two and 10 next year. 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. Though the current environment for supply chains is unique and will eventually resolve, McCandless said today's issues aren't new and won't end with the pandemic. Next, he founded project44the worlds leading supply chain visibility platform. Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this year. 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. 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. Suite 3200 130 E. Randolph St. Jett is now single. 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. googletag.enableServices(); 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. E-mail oureditor googletag.cmd.push(function() { One thing McCandless does provide his people is a stake in the company. The company generates more than $100 million in annual recurring revenue (ARR), the largest SaaS generation 2 . Make sure you dont own your job, McCandless says. From humble beginnings to historic growth and all the hurdles along the way, this is one you won't want to miss. This documentary-style series follows investigative journalists as they uncover the truth. Click below to see everything we have to offer. Jett McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. It's a great release and it really keeps me focused. Additionally, a person in the media and marketing would probably make about $100,000 and $90,000, respectively. I could go and sell 20 percent of CarrierDirect for $2 million, McCandless says. As of 2022, Sanni McCandless's net worth is $100,000 - $1M. 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. Its CEO is targeting logistics startups with good tech but lacking sales skills. CarrierDirect and project44 are both based in Chicago. Jett McCandless, project44s Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20years. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Jett McCandless, project44's Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20 years. Required fields are marked *. var gptSlot = googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[728, 90], [468, 60], [300, 100], [320, 50]], 'div-gpt-ad-b1-i-fw-ad-1').defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads()); But I've got a girlfriend, four houses and I make sure my liquid assets are in the seven digits. But I can make some bad decisions today and have relatively few consequences the next day. Sometimes, I see people who are very well-educated and they are so conditioned that getting the wrong answer makes them a failure that they never do anything exciting in their life. Our values unite us across continents and offices to stay focused and settle for nothing but the best from eachother. McCandless hitchhiked his way to Montana, where he went to college. I wasnt strong enough or old enough to push a lawnmower, McCandless says. 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. Today, McCandless is once again riding high as founder and CEO of CarrierDirect LLC, a consulting and sales company in the transport and logistics industry. A great broker is worth between 9-12 EBIT so what . In 1953, Highway 44 opened as Rte. Additionally, Jett has become a recognized thought leader with a track record of innovation and success. After becoming Principal and GlobalTranz, he began building companies that would lead the logistics sector into . 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. 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