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CO3 buys Kinver to tie freight invoices to live truck data in its first deal since leaving sennder

Kinver checks what shippers are billed for freight against what they agreed to pay. CO3 adds live data from more than 350,000 connected trucks, trailers and devices, which the companies say can serve as proof when an invoice or service level is disputed.

ASAcquired deals deskEurope4 November 2026 · 3 min read
CO3 acquires Kinver
Photo: Amuzujoe / Wikimedia Commons, CC BY-SA 4.0

CO3 Technologies, a Berlin company that collects live data from freight vehicles, has acquired Kinver, an Oslo startup whose software audits freight costs and calculates transport emissions. CO3 announced the deal on November 4, 2026, under a joint Berlin and Oslo dateline.

CO3 bought 100% of Kinver AS. The companies did not disclose the price or other terms. It is CO3's first acquisition since it separated in 2025 from sennder, the Berlin digital freight forwarder where it was started.

Kinver's products and staff move into CO3's platform. Lars Fredrik Eriksen, who founded Kinver and ran it as chief executive, joins CO3 as vice president commercial.

What Kinver built

Kinver was founded in Oslo in April 2020. Its software reads a shipper's freight data to show what transport costs, how well carriers meet agreed service levels and how much carbon each shipment produces.

Its main product, Kinver Engine, compares freight invoices with the rates and service terms in a shipper's contracts, so that overcharges and missed commitments can be found. A second product, TerraTwin, is an interface that other software can call to work out emissions for individual shipments. CO3 said TerraTwin is accredited under ISO and Smart Freight Centre methods, which are used in emissions reporting for logistics.

According to CO3, Kinver serves more than 60 enterprise accounts and connects to 57 transport management and enterprise resource planning systems. Kinver's own website shows logos of customers including the appliance maker Miele, the furniture company Ekornes, the packaging group Smurfit Kappa, the filter maker Camfil and Domino's Pizza. Neither company reported Kinver's headcount or any outside funding.

“It moves us from showing customers where their trucks are to showing them where cost sits in their network.”Nicolaus Schefenacker, CEO, CO3

What CO3 does

CO3 began in 2019 as a unit inside sennder and became an independent company in 2025. It is based in Berlin and led by chief executive Nicolaus Schefenacker. It sells a single interface that pulls together data from the many telematics systems that freight operators and their subcontractors use.

Through that interface CO3 reports where vehicles are, when they are expected to arrive, how long drivers have been at the wheel, the temperature in refrigerated loads and whether deliveries were on time. Breakbulk News reported that the combined business connects more than 350,000 trucks, trailers, telematics devices and refrigeration units across 35 countries and handles more than 215 million data points a day. CO3 said the two companies together have more than 600 links to third-party systems.

Why the two fit together

CO3 described the deal as joining two kinds of freight data that usually sit apart: what happened on the road, which CO3 tracks, and what was agreed and billed, which Kinver checks. In CO3's account, a shipper today can see where its trucks are, but matching a late arrival or a surcharge to the right contract and invoice is still largely manual.

With both data sets in one system, CO3 said, events recorded by vehicles could be matched automatically against service-level agreements, invoices and surcharge claims. A delayed arrival logged by a truck's telematics could, for example, be used as evidence in a dispute over a missed service level. Schefenacker said the purchase changes what CO3 can show customers, from the location of their trucks to where costs build up in their networks.

Eriksen said he had started Kinver to give shippers certainty about what they pay for freight, and that an audit is only as strong as the evidence behind it. In his view, CO3's live vehicle data supplies that evidence and lets Kinver apply its audit rules at a larger scale.

Plans for automation

The companies said they expect to automate checks of invoices, service levels and surcharges using operational data from vehicles. Over a longer period, CO3 wants to use AI agents to file claims, contest invoices and recover costs for customers. Breakbulk News noted that this AI-driven claims work is a goal rather than a service that is running today.

CO3 did not say whether Kinver's products will keep their names or be sold separately, or what will change for Kinver's existing customers. The deal gives CO3, which until now sold mainly visibility data, a product that is tied directly to how shippers spend money on transport.

Sources