FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.
Airspace Technologies, Inc. is a logistics software company that specializes in real-time shipment quoting, routing, and tracking. The firm offers various routing services, including Next Flight Out (NFO) for expedited shipping and Dedicated Drive or HotShot for sensitive shipments, such as hazardous materials. Its platform, CommanderConnect, automates key processes for contract drivers, providing pickup and delivery information along with optimal routing paths and electronic air waybills. Additionally, the Airspace Shipper Platform streamlines the quoting, routing, and tracking of shipments. Serving industries such as aerospace, healthcare, logistics, and technology, Airspace Technologies aims to enhance shipping speed, safety, and transparency. Founded in 2014 and based in Carlsbad, California, the company is committed to creating a reliable delivery network through the integration of technology and services.
Platform Science, Inc. specializes in developing and integrating hardware and software solutions, along with Internet of Things (IoT) infrastructure, tailored for the transportation industry. Founded in 2014 and headquartered in La Jolla, California, the company offers a connected vehicle platform that includes essential telematics functionalities such as applications for compliance, safety, and productivity. This platform supports dynamic hardware configurations and partner integrations, facilitating innovations within the ecosystem. Additionally, Platform Science provides fleet management applications designed to enhance compliance, improve the driver experience, and optimize productivity. The company operates as a subsidiary of Daimler Trucks North America LLC, positioning itself at the forefront of the evolving landscape of connected trucks and the digital supply chain.
Wise Systems Inc. develops autonomous dispatch and routing software designed to enhance the efficiency of last-mile delivery operations across various industries, including food and beverage, courier, and field service. Founded in 2014 and based in Boston, Massachusetts, the company leverages machine learning to optimize fleet performance and improve customer service. Its platform includes tools such as Scheduler for creating dynamic route plans, Dispatcher for real-time monitoring of delivery progress and performance metrics, and a Customer Portal for tracking orders with accurate ETAs. The software processes millions of data points to make intelligent, real-time decisions, resulting in significant mileage reductions, increased fleet utilization, and a substantial decrease in late deliveries. Wise Systems aims to help customers better manage their delivery logistics by providing flexibility and optimizing routes, thereby enhancing overall operational efficiency.
Private Equity Round in 2021
FreightWaves is a data and content forum that provides market participants with near-time analytics on the state of the freight market. The company offers current digital intelligence and context to the freight community on a central platform. The company's SaaS product, SONAR, is a freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. The platform is mode agnostic and has time-series and geo-based data from all modes of freight, including truck, rail, ocean, air, and warehouse. FreightWaves was founded to provide transparency and risk-management products to the freight markets. As a provider of aggregated data-sets across the North American freight markets, FreightWaves' SaaS platform helps companies take action based on the signals in the market.
Baton Trucking, Inc. is a logistics company based in San Francisco, California, that specializes in enhancing long-haul trucking efficiency through its innovative drop zone network. This network allows for the segmentation of long routes, facilitating the use of specialized vehicles for different sections of the journey. Additionally, Baton provides a real estate infrastructure designed for highway-only autonomous trucks to seamlessly interchange loads with human drivers for final-mile delivery. Incorporated in 2019, the company also operates a technology innovation laboratory that collaborates with Ryder System, focusing on a digital platform that utilizes optimization and artificial intelligence to streamline freight networks and reduce waste in trucking operations.
Locus Robotics Corp. is a company specializing in the development and manufacture of autonomous mobile robots (AMR) designed for fulfillment warehouses. Founded in 2014 and based in Wilmington, Massachusetts, Locus Robotics offers LocusBots, which can utilize various types of containers and incorporate special peripherals to enhance order processing efficiency. The company’s robotics solutions are aimed at helping brands, retailers, and third-party logistics providers manage high order volumes while meeting the growing consumer demand for e-commerce and omnichannel fulfillment. By working collaboratively with human workers, LocusBots significantly enhance order productivity and increase fulfillment speed and accuracy, achieving improvements of 2X to 3X in throughput.
Airspace Technologies, Inc. is a logistics software company that specializes in real-time shipment quoting, routing, and tracking. The firm offers various routing services, including Next Flight Out (NFO) for expedited shipping and Dedicated Drive or HotShot for sensitive shipments, such as hazardous materials. Its platform, CommanderConnect, automates key processes for contract drivers, providing pickup and delivery information along with optimal routing paths and electronic air waybills. Additionally, the Airspace Shipper Platform streamlines the quoting, routing, and tracking of shipments. Serving industries such as aerospace, healthcare, logistics, and technology, Airspace Technologies aims to enhance shipping speed, safety, and transparency. Founded in 2014 and based in Carlsbad, California, the company is committed to creating a reliable delivery network through the integration of technology and services.
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.
Outrider, Inc. specializes in developing a software-as-a-service (SaaS) solution aimed at automating yard operations within logistics hubs, such as distribution centers and rail yards. Founded in 2017 and based in Golden, Colorado, the company offers a comprehensive system that includes web-based management software, autonomous driving controls for electric yard trucks, and necessary site infrastructure. Outrider’s technology employs a full-stack autonomous driving system, utilizing sensors like radar, lidar, and cameras to facilitate the movement of trailers, engage and unhook them, and monitor their locations. By focusing on automating hazardous and repetitive manual tasks, Outrider enhances safety and efficiency for large enterprises. The company is committed to promoting sustainable freight transportation through the deployment of zero-emission systems and is supported by notable investors in the technology sector.
Wise Systems Inc. develops autonomous dispatch and routing software designed to enhance the efficiency of last-mile delivery operations across various industries, including food and beverage, courier, and field service. Founded in 2014 and based in Boston, Massachusetts, the company leverages machine learning to optimize fleet performance and improve customer service. Its platform includes tools such as Scheduler for creating dynamic route plans, Dispatcher for real-time monitoring of delivery progress and performance metrics, and a Customer Portal for tracking orders with accurate ETAs. The software processes millions of data points to make intelligent, real-time decisions, resulting in significant mileage reductions, increased fleet utilization, and a substantial decrease in late deliveries. Wise Systems aims to help customers better manage their delivery logistics by providing flexibility and optimizing routes, thereby enhancing overall operational efficiency.
Platform Science, Inc. specializes in developing and integrating hardware and software solutions, along with Internet of Things (IoT) infrastructure, tailored for the transportation industry. Founded in 2014 and headquartered in La Jolla, California, the company offers a connected vehicle platform that includes essential telematics functionalities such as applications for compliance, safety, and productivity. This platform supports dynamic hardware configurations and partner integrations, facilitating innovations within the ecosystem. Additionally, Platform Science provides fleet management applications designed to enhance compliance, improve the driver experience, and optimize productivity. The company operates as a subsidiary of Daimler Trucks North America LLC, positioning itself at the forefront of the evolving landscape of connected trucks and the digital supply chain.
ClearMetal, Inc. develops artificial intelligence software for supply chain operations. It offers transport and supply chain visibility solutions through the cloud-based web application, decision support, predictive risk, event predictions, and smart processing and cleaning. ClearMetal, Inc. was incorporated in 2014 and is based in San Francisco, California.
Baton Trucking, Inc. is a logistics company based in San Francisco, California, that specializes in enhancing long-haul trucking efficiency through its innovative drop zone network. This network allows for the segmentation of long routes, facilitating the use of specialized vehicles for different sections of the journey. Additionally, Baton provides a real estate infrastructure designed for highway-only autonomous trucks to seamlessly interchange loads with human drivers for final-mile delivery. Incorporated in 2019, the company also operates a technology innovation laboratory that collaborates with Ryder System, focusing on a digital platform that utilizes optimization and artificial intelligence to streamline freight networks and reduce waste in trucking operations.
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.
FreightWaves is a data and content forum that provides market participants with near-time analytics on the state of the freight market. The company offers current digital intelligence and context to the freight community on a central platform. The company's SaaS product, SONAR, is a freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. The platform is mode agnostic and has time-series and geo-based data from all modes of freight, including truck, rail, ocean, air, and warehouse. FreightWaves was founded to provide transparency and risk-management products to the freight markets. As a provider of aggregated data-sets across the North American freight markets, FreightWaves' SaaS platform helps companies take action based on the signals in the market.
Outrider, Inc. specializes in developing a software-as-a-service (SaaS) solution aimed at automating yard operations within logistics hubs, such as distribution centers and rail yards. Founded in 2017 and based in Golden, Colorado, the company offers a comprehensive system that includes web-based management software, autonomous driving controls for electric yard trucks, and necessary site infrastructure. Outrider’s technology employs a full-stack autonomous driving system, utilizing sensors like radar, lidar, and cameras to facilitate the movement of trailers, engage and unhook them, and monitor their locations. By focusing on automating hazardous and repetitive manual tasks, Outrider enhances safety and efficiency for large enterprises. The company is committed to promoting sustainable freight transportation through the deployment of zero-emission systems and is supported by notable investors in the technology sector.
Wise Systems Inc. develops autonomous dispatch and routing software designed to enhance the efficiency of last-mile delivery operations across various industries, including food and beverage, courier, and field service. Founded in 2014 and based in Boston, Massachusetts, the company leverages machine learning to optimize fleet performance and improve customer service. Its platform includes tools such as Scheduler for creating dynamic route plans, Dispatcher for real-time monitoring of delivery progress and performance metrics, and a Customer Portal for tracking orders with accurate ETAs. The software processes millions of data points to make intelligent, real-time decisions, resulting in significant mileage reductions, increased fleet utilization, and a substantial decrease in late deliveries. Wise Systems aims to help customers better manage their delivery logistics by providing flexibility and optimizing routes, thereby enhancing overall operational efficiency.
Platform Science, Inc. specializes in developing and integrating hardware and software solutions, along with Internet of Things (IoT) infrastructure, tailored for the transportation industry. Founded in 2014 and headquartered in La Jolla, California, the company offers a connected vehicle platform that includes essential telematics functionalities such as applications for compliance, safety, and productivity. This platform supports dynamic hardware configurations and partner integrations, facilitating innovations within the ecosystem. Additionally, Platform Science provides fleet management applications designed to enhance compliance, improve the driver experience, and optimize productivity. The company operates as a subsidiary of Daimler Trucks North America LLC, positioning itself at the forefront of the evolving landscape of connected trucks and the digital supply chain.
Platform Science, Inc. specializes in developing and integrating hardware and software solutions, along with Internet of Things (IoT) infrastructure, tailored for the transportation industry. Founded in 2014 and headquartered in La Jolla, California, the company offers a connected vehicle platform that includes essential telematics functionalities such as applications for compliance, safety, and productivity. This platform supports dynamic hardware configurations and partner integrations, facilitating innovations within the ecosystem. Additionally, Platform Science provides fleet management applications designed to enhance compliance, improve the driver experience, and optimize productivity. The company operates as a subsidiary of Daimler Trucks North America LLC, positioning itself at the forefront of the evolving landscape of connected trucks and the digital supply chain.
Platform Science, Inc. specializes in developing and integrating hardware and software solutions, along with Internet of Things (IoT) infrastructure, tailored for the transportation industry. Founded in 2014 and headquartered in La Jolla, California, the company offers a connected vehicle platform that includes essential telematics functionalities such as applications for compliance, safety, and productivity. This platform supports dynamic hardware configurations and partner integrations, facilitating innovations within the ecosystem. Additionally, Platform Science provides fleet management applications designed to enhance compliance, improve the driver experience, and optimize productivity. The company operates as a subsidiary of Daimler Trucks North America LLC, positioning itself at the forefront of the evolving landscape of connected trucks and the digital supply chain.