Tech Track 100

This company aims to use machine learning to bring innovation to the logistics industry, helping its customers move freight more efficiently. Its platform offers instant quotes and booking, as well as real-time shipment tracking, to help reduce the $1.1 trillion in supply inefficiencies, which the company says are lost to poor inventory planning. Founded in 2017 by Alex Hersham, 33, Richard Fattal, 33, and Jan Riethmayer, 41, the company grew to £4.3m in sales in 2018. It has raised a total of $24m from investors, including Picus Capital and Pentland Ventures.

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Company details
Year2019
CompanyZencargo
ActivityLogistics platform provider
LocationCentral London
Latest sales £000s4,362
Forecast sales £000s13,049
Staff20
Founded2017
Websitewww.zencargo.com

If applicable:

* Sales and forecast sales provided by the companies