Turvo

Turvo provides a collaborative Transportation Management System (TMS) application designed specifically for the supply chain. Turvo Collaboration Cloud connects freight brokers, 3PLs, shippers, and carriers to unite supply chain ecosystems, delivering outstanding customer experiences, real-time collaboration, and accelerated growth. The technology unifies internal and external systems, providing one end-to-end solution that streamlines operations, enhances analytics, and automates business processes while eliminating redundant manual tasks. Turvo’s customers include some of the world’s largest Fortune 500 logistics service providers and shippers as well as small to mid-sized freight brokers. Turvo is based in Dallas, Texas, with offices in Hyderabad, India. (www.turvo.com).

Kyle Wegman

VP of Product

Daniel Wilson

Director of Finance

1 past transactions

ODYN

Acquisition in 2019
ODYN is the only platform that gives large CPG co's full, cross-stakeholder supply chain visibility, by using an end-to-end, proprietary pallet tracking device and prescriptive software. This unique visibility gives CPG co's the shipping info they need in order to most efficiently reduce inventory on their books ("days of inventory," an accounting term of art), which translates to considerable supply chain savings. Days of inventory example: a $10B revenue company's inventory day equals $27m, therefore a reduction of lead time from 55 to 50 days represents $135m in cash flow and ($5.5m in operating cost savings, since inventory carrying cost represents roughly 20% of operating cost -- for handling, risk, etc.).
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