FleetOps is a freight marketplace.It works by automating the allocation of loads to truck drivers that can deliver them.
FleetOps is a freight marketplace.It works by automating the allocation of loads to truck drivers that can deliver them. It does this by leveraging the data of telematics providers (ex. BigRoad.com) which provide thousands of data-points on vehicles, and by interacting with drivers through a mobile application which truck drivers are required to use called an ELD (read more here: http://bit.ly/2vqq4w7). This telematics data gives us information on: • Where trucks are • Where trucks are headed • What routes trucks typically use• When they’re handling a back-haul (return journey) • When trucks are idle, etc.• Driver behaviour• Available driving hours We run AI/ML algorithms against this and computationally determine which loads are most-appropriate for which drivers. When we make these determinations, we send drivers shipment opportunities
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
May 6, 2020 | Grant | — | 1 | SCALE AI | — | Detail |
Sep 10, 2018 | Seed | $1.20M | 1 | — | — | Detail |
Jan 31, 2016 | Seed | $250K | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
SCALE AI | Yes | Grant |
Silicon Balls | — | Seed |
Cogito Capital | — | Seed |