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.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.