Dynamo Dispatch (10/14/19)

Issue 80 | Tier, Einride, Polte

Dynamo Dispatch. Weekly update from Dynamo Ventures covering the latest and greatest in supply chain, mobility, and building venture-scale businesses.

❤️ We would love your support. Please forward to friends and share on social media.🗞️ If you were forwarded this and found it interesting or helpful, please sign up.
🎙 Check out Dynamo's podcast series, The Future of Supply Chain.

Weekly Commentary 💭

We announced earlier this morning that Jon Bradford has joined Dynamo as our fourth partner. Jon was the catalyst behind the founding of Dynamo four years ago as he identified the gap in venture capital serving supply chain and mobility founders. He has since advised us on launching our first fund, scaling fund operations, and building an enduring firm. We are proud to have Jon join us full-time and know that founders will benefit greatly from his involvement.

We are back on the road this week in Indianapolis and Bentonville the following week. Give us a shout at hello at dynamo dot vc if you’re around for a coffee. 

Have a great week!

We Are Dynamo,
Santosh, Ted, Barry, and Jon

Note: please add “dynamo@substack.com” to your email client so you don’t miss future issues due to aggressive spam filters.

Supply Chain 📦

Schneider and Truckstop.com Launch "Book It Now" Mobile App. Following a couple of successful pilots, Schneider releases an application to post, assign and tender loads directly to approved carriers. Using this digital tender process, carriers can book and manage loads all within the Truckstop.com mobile application. 

🌟IBM Builds out New AI-Driven Supply Chain Tools. IBM bundled supply chain management toolkit, dubbed “The Sterling Supply Chain Suite,” saved testers 7% in shipping costs on average in pilots. IBM is making an effort to stay on top of eCommerce and global supply chain growth with more control over demand forecasting, production planning and other activities that would result in better decision making. Speaking of AI, Lineage Logistics’ AI Tools Resulting in $4M in Costs Savings.

📊Pitney Bowes Parcel Shipping Index 2019. Global parcel volume reached 87B in 2018, up from 74B parcels in 2017 and the highest since the Index began. Despite global trade uncertainty, PB forecasts this figure will more than double within the next six years and reach 200B parcels by 2025. China continues to be the fastest-growing region while the US retains total share with parcel shipping revenue of $119B in 2018.

Amazon Rolls Out Branded Trucks. As Amazon scales it’s logistics ambitions, it appears we’ve reached the inevitable moment where they start ramping asset purchases with their own power units. The day cabs are being built by Volvo and Kenworth and be used for journeys 400 miles or less. Also, Amazon Fires Delivery Firms After Reports of Deaths.

E-Commerce Drives Demand for Smaller Warehouses. New CBRE analysis says rents for warehouses between 70,000 and 120,000 square feet rose by more than 30% over the past five years. Driving this is a push by businesses and logistics providers to get goods closer to dense population centers to expedite deliveries. Related, Kenco debuts 10,000 Square Foot Innovation Lab.

UPS Makes $450M Investment in Gas-Powered Trucks. Over the next three years, UPS will buy approximately 6,000 natural gas-powered trucks as it looks to expand its use of alternative fuels.UPS is aiming to have a quarter of its vehicles bought in 2020 to run on alternatives. 

Why Europe Rail Freight Transport Lags Behind. European railcars are dwarfed by U.S. volume and throughput. Standard American railroad cars carry 286,000 pounds of freight, but in Europe, a typical axle load is only about 45,000 pounds. Additionally, U.S. freight trains are about triple the length, averaging 6,600 feet.

Mobility 🚗

Volvo and Geely Join Forces for EVs. Volvo and China’s Geely will consolidate their engine operations into a standalone company to minimalize material costs through scale. Volvo’s CEO proposes the move in an attempt to shift the company’s focus entirely to electric powertrains. More on EVs, DHL Unveils new Version of Popular StreetScooter Electric Delivery van

📊 The State of Travel & Mobility Tech in 2019. Lufthansa’s Innovation Hub releases an overview of the 10 most pressing shifts affecting the travel and mobility tech sectors. Notable takeaways include investment in the space doubling last year to $44B, taking up almost 20% of the VC allocation. Also, China has become the #1 market for VC investments in travel & mobility Tech startups—ahead of the U.S. Also, CVCs zero in on late-stage deals, shifting 42% of their investment to late-stage deals, as the industry matures and consolidates.

🌟Pittsburgh Pioneers Resident-hatched Mobility Hubs. Pittsburgh’s MobiliT transportation consortium brought together the entire community to brainstorm mobility options that customers could access and book through a single platform (MaaS). The winning plan was for constructed mobility hubs where customers could find some combination of bike-share stations, Zipcar vehicles, Waze carpool pickup spots, and parked and charged e-bikes and scooters from Spin to rent. All powered by the Transit app. More on micromobility, Amsterdam is Cutting Cars out of the Picture.

Tesla’s Model 3 is the Best Selling Luxury Car in the Country. Model 3 sales represent about a quarter of total market share. This was more than the BMW 3 Series, Lexus ES, and Mercedes C-Class combined last quarter! The Model 3’s fervent fan base continues to outshine critics from Tesla’s shareholder base. Also, Completely Driverless Waymo Cars Are on the Way.

Via Launching On-demand Public Transit Network in Cupertino. Via’s network will cover the entire 11-square-mile city. The shuttle will cost $5 a ride or users can buy weekly and monthly passes for $17 and $60, respectively.

Dyson Nixes Electric Car Project. After 3 years and a £2B commitment, Dyson scraps its electric car because it was too heavily committed to design over commercial viability. However, half of the funds will still be used to continue the company’s battery research.

Fundraises, M&A, Talent 💸

RigUp Raises $300M Led by a16z. Austin, Texas-based RigUp was described by Andreesen partner David George as the “LinkedIn of Industrial Jobs,” seeing differentiated value in deep vertical specialization.

Tier Raises $60M Led by UAE’s Mubadala. The Berlin-based e-scooter company said it would use the money to accelerate its expansion across all of Europe. The round was led in part by one of the vehicles behind SoftBank’s Vision Fund. 

DeepRoute Raises $50M Led by Fosun RZ Capital. DeepRoute is focusing on providing full stack, L4 autonomy solutions. Funds will be used to grow its operations and expand its business reach.

Einride Raises $25M Leb by EQT Ventures. The self-driving truck startup claims the Series A round will help the Sweden-based business expand into the U.S.

Lilium to Raise $500M for its Electric Flying Taxis. Lilium announced its first successful flight for a new five-seat eVTOL vehicle earlier this year. If you recall from last week, this is far more practical than Kitty Hawk’s 1-seater. 

Revel Raises $27.6M Led by Ibex Investors. Revel is a rideshare electric moped company. To bear in mind, Its drivers are full-time employees, which alleviates any concerns about AB5. 

Polte Raises $12.5M Series A. Potle is a software solution that enables parcel tracking by augmenting IoT devices with 4G and 5G signal.

Flexport Acquires Container Tracking Company Crux Systems. Crux Systems automates container shipment visibility for shippers freight forwarders and haulers. Ryan Peterson commented, “integrating [their] technology directly into our platform will allow us to align incentives with our customers and operate with real skin in the game.”

VW is Considering Divestment of Lamborghini. VW wants to dial-in on its core brands by either selling off Lamborghini or floating the brand for an IPO, which it purchased in 1998.

Uber to Acquire Grocery Delivery Startup Cornershop. The deal is still subject to regulatory approval. Cornershop was set to be acquired by Walmart earlier this year, but it was halted by Mexican antitrust regulators.

Walmart Promotes Sam’s Club Head to Run US business. John Furner will take the helm of Walmart’s U.S. business starting next month. Furner started with Walmart as an hourly associate in 1993, working part-time in the garden center, and worked his way up.

Company Building 🛠️

Brad Feld: What Founders Need to Know About Recent Changes in VC Deal Terms. Advice on thinking through fundraising, investor/company dynamics, and targeting the smallest raise possible. 

OpenView’s Expansion SaaS Benchmarking 2019. Objective data to help operators compare themselves against their exact peers across the metrics that matter most in a SaaS.

Startup Boards 101. A comprehensive collection of resources for understanding board structure, roles, meeting management, and adding/removing seats.

Who's Hiring? 👩‍💻

Mechatronics Engineer at Gatik AI in Palo Alto, CA.

Senior Backend Engineer at Verusen in Atlanta, GA.

Lead Product Engineer at Mobikit in Columbus, OH.

Check out other jobs at Dynamo portfolio companies.

❤️ We would love your support. Please forward to friends and share on social media.
🗞️ If you were forwarded this and found it interesting or helpful, please sign up.
🎙 Check out Dynamo's podcast series, The Future of Supply Chain.

Meet Jon Bradford, Dynamo Ventures’ Newest Partner

Jon Joins Us With Over 15 Years of Seed Investment Experience

By: Ted Alling, Barry Large, Santosh Sankar

We are proud to announce the appointment of our newest partner at Dynamo Ventures – Jon Bradford.  Jon will be joining Dynamo Ventures on a full-time basis having previously been an advisor who helped us launch our debut fund.

Jon was most recently a Partner of Motive Partners, a specialist investment firm focused on technology-enabled companies that power the financial services industry based in London and New York. Previous to that, Jon founded the Springboard Accelerator that merged with Techstars to become Techstars London; their first international accelerator, as well as helping to co-found F6S and Tech.eu. Jon has invested in over 100 startups over the last decade and had the good fortune to invest in some amazing entrepreneurs over the years that include Apiary, Hassle, Tray.io, Flitto (that recently IPO’ed in Korea), Sendbird and Chainalysis.

By way of fate (and the virtuous circle that the startup universe operates), Ted initially met Jon during his sabbatical year he took in London where he served as one of Jon’s mentors in his final year as Managing Director of Techstars London. Jon was the inspiration behind Dynamo during his first trip to Chattanooga where he culminated a two-day session at the Terminal Brewery where he was looking at the Choo Choo in reflection and remarked, “Chattanooga should have a supply chain and mobility fund. The city has automakers, brokers, trucks, and warehouses - there’s a huge vintage train sign in downtown for heaven’s sake!”   You could say that the rest’s history!

Given that 30% of our investments are abroad with a heavy concentration in Europe, Jon will be based in London but will also spend time working with select US investments. If you’re a European founder working on something in supply chain, an investor interested in the space, or a friend from the corporate landscape, give him a shout at jon dot dynamo dot vc. 

Additionally, he will be frequently writing and sharing perspectives on supply chain and mobility.  He brings a fresh pair of eyes on the subject from the vantage of point of seeing comparable trends in other industries as they emerge and become digitized. 

Please join us in welcoming our friend, Partner, and investor-extraordinaire, Jon to the team. 

Maritime Supply Chain and Investing in Ocean Shipping with Henry Palmer of AMPLIFIER Lab

The Future of Supply Chain Episode #31

By: Santosh Sankar & Matt McHugh

Henry Palmer, venture capital investor and Principal at AMPLIFIER Lab in Berlin, is an expert in supply chain and making investments in the space—particularly maritime. He sat down for an episode of the Future of Supply Chain podcast with us to talk about investing in ocean shipping, the maritime segment of the supply chain, the size of the market, and challenges incoming early-stage supply chain companies might encounter when entering the maritime space.

AMPLIFIER Lab is an innovation unit and venture capital fund spun out of the shipping industry. Henry’s team sees the supply chain as an ecosystem that’s interconnected. They focus on smart enterprise SaaS technology, IoT supply chain visibility, autonomy, trade finance, and deep learning. 

Shallow Focus Photography of Black Ship

Source: Pexels

AMPLIFIER targets innovative companies with a worldwide presence, scalable business models, and strong differentiation. They’ve invested in companies like Katapult Ocean, Nautilus Labs, Humanising Autonomy, Shipstock, and Kiwi. 

How AMPLIFIER got its start

Henry has a vast body of knowledge and deep investment expertise in the supply chain industry, specifically in the maritime space. He launched his first company, Elephant Gin, in his mid-20s.

“I decided the time and money it would take to get an MBA would be more interestingly invested into building a company--something I could hold in my hands and enjoy,” he says. 

“That was my first experience of investing in and building a company, and it was a huge amount of fun.”

Henry soon began investing in early-stage companies and got to know venture capital in the process. Ultimately, he and longtime friend Christian Oldendorff, a third-generation ship owner, launched AMPLIFIER together.

“Christian was asking questions about how he should drive innovation back into the supply chain industry,” Henry says. 

“We took all that domain knowledge and expertise from the maritime science and extended that network across key verticals in the supply chain, including the automotive and freight sectors.”

AMPLIFIER has a strong network of industry experts and early-stage seed series investments; the team began investing in maritime operations in November 2018.

Making investments in ocean shipping

In terms of supply chain investments and mobility, Henry says the AMPLIFIER team is most excited about: 

  • Trade finance

  • IT visibility solutions

  • Autonomous robotics

  • Transportation

  • Operating environment 

  • Deep learning

  • Artificial intelligence for smart enterprise thinking (predictive rate, performance optimization)

Henry’s team assesses what point each company is at on the innovation curve, the key pain points, the best solution to alleviate them, and how ready the customer is to adopt new, innovative approaches.

When it comes to investing in maritime operations, AMPLIFIER’s focus is on optimizing vessel performance. They collect onboard and third-party data like weather routing, fuel usage, and shore data to assess the ships’ performance. 

“We basically run that data through machine learning engines that can ultimately achieve 3 to 5% fuel savings,” he says. 

To put that ROI in perspective, the typical 50-vessel shipping fleet of average- to medium-size ships spends $200-250 million on fuel. And, in terms of environmental impact, it’s a massive win.

Maritime market size and potential obstacles

Henry says potential investors should approach the maritime supply chain market with caution. 

“The initial impression of total market size is not necessarily easily translatable in terms of the market size for the actual solutions that we're seeing in new startups that are emerging onto the scene,” he says. “So sometimes the numbers get inflated a little bit.”

Still, he says that 90% of all goods in the world will be transported via ship at some point in the supply chain--and the industry is large worldwide.

“In terms of the world fleet and total asset value, you’re looking at north of $1 trillion,” he says. “In terms of the value of goods, hundreds of billions of dollars.”

However, large segments of the market are consolidated. Henry says on the container side, the top end of the market is especially consolidated. For an early-stage company trying to break into that market, that means they must break into the segment they’re interested in being part of.

“Historically, it's been a conservative, slow-moving, slow-to-innovate industry,” he says. “You need to understand some of those distinctions in terms of the market and the barriers that can be present.” 

Partnering with industry veterans who are also advocates of your approach to the market is also critically important. 

“If you don't already come from the maritime supply chain industry and you're going to bring a fresh set of eyes, you need to find a champion very quickly--somebody who understands your vision,” he says.

To listen to the full Future of Supply Chain podcast episode #31 featuring Henry Palmer, click here.  

Dynamo Dispatch (10/07/19)

Issue 79 | Everledger, Unagi, DeepScale

Dynamo Dispatch. Weekly update from Dynamo Ventures covering the latest and greatest in supply chain, mobility, and building venture-scale businesses.

❤️ We would love your support. Please forward to friends and share on social media.
🗞️ If you were forwarded this and found it interesting or helpful, please sign up.
🎙 Check out Dynamo's podcast series, The Future of Supply Chain.

Weekly Commentary 💭

We finished Founders Camp 2019 with high praise from corporates and founders alike. One founder mentioned that that we “ accelerated his sales pipeline by eight months” while another told us she thinks we helped her “get three new pilots in a matter of two days.” Corporates remarked as to the quality of founders and products as they plan their follow up sessions that are expected to take place for the next several weeks into the holiday season.

One group that doesn’t get enough praise are our amazing workshops speakers who flew in from across the country (literally as close to home as Chattanooga and as far as San Francisco). THANK YOU!

Lastly, a big thank you to our headline sponsors, Chick-fil-A, Covenant Transportation, Schneider National, and FreightWaves, as well as local sponsors, EPB, Waller Lansden Dortch & Davis, and Market Street Partners. 

Have a great week!

We Are Dynamo,
Santosh 💥

Note: please add “dynamo@substack.com” to your email client so you don’t miss future issues due to aggressive spam filters.

Supply Chain 📦

DP DHL Unveils €2B In Digitization Investments. As part of a six-year plan, DHL will deploy €2B into warehouse automation tools, modernizing IT systems, routing optimization, IoT, employee reskilling, and more. Related, XPO Refocuses M&A Strategy.

🌟UPS Secures Milestone FAA Approval for Drone Deliveries. UPS receives FAA part 135 certification, allowing the company to deliver goods anywhere in the country, beyond line of sight, and at night. Using Matternet’s drones and operating as a “drone airline”, UPS is now permitted to operate an unlimited amount of drones with an unlimited number of remote operators. Related, Swiss Post and Matternet to Suspend Deliveries and Walmart Files Patents for Drone Delivery.

Postmates and DoorDash Want to Deliver Your Groceries Too. Postmates is hoping to go nationwide in a deal with Walgreens and Duane Reade stores in Manhattan and Brooklyn, while Doordash has struck deals with Walmart and independent grocers in 22 states. Related, Tech Players Organize to Take Back the Last Mile from Instacart and Jett McCandless of p44 Explains Why Grocery Fulfillment Is Still Unprofitable.

Omnitracs Launches Fleet-management Platform. “Omnitracs One” is a blend of several different tools that Omnictracs has acquired over the past 6 years. Aggregating these tools including routing software, mobile software, and workflow software will streamline the channel of communication between truckers and back-office operators. Related, Navistar’s Telematics Platform Enables Better Truck Service.

FourKites Partners with Ocean Insights for Shipment Tracking.FourKites will integrate the ocean freight tracking data collected by Ocean insights with its real-time visibility offering. This will provide a single end-to-end platform for importers and exporters to manage detention and demurrage costs. Also, Traxens Publishes UN-approved Smart Container Tracking Standard while Convoy Launches “Convoy Connect” TMS for over the road.

VW’s Traton to Invest $2.2B in EVs and Software. Traton projects a third of its trucks and buses to have electric drivetrains by the early 2030s as regulators increasingly clamp down on emissions. Regarding emissions, Stricter EU CO2 Regulations Reshape Car Design.

Mobility 🚗

Uber to Launch On-demand Staffing Business in Chicago. In a continued attempt to secure profitability, Uber releases an app for matching workers with shifts. The app does this matching in partnership with staffing agencies, and it offers workers the carrot of more timely payments. Speaking of Uber, GV is Weighing Selling Uber Shares at the End of Lockup.

🌟UL 4600 Preliminary Draft Released. UL 4600 turns AV safety on its head with a prescriptive approach to defining suitable levels of assurance. “Other existing safety standards prescribe ‘how to do safety’ by following step 1, step 2, and step 3. UL 4600, in contrast, is about ‘how you’ve done safety enough.’” Speaking of AVs, Teleoperations Will Keep Humans in the AV Loop.

This Inside-Out Motor for EVs Is Power Dense and (Finally) Practical. Belgian startup Magnax has pioneered a method to mass-produce the axial-flux motor. The new design offers a peak power density of 15 kW/kg, while existing designs, such as the one in the BMW i3, generate one-fifth the power density at 3 kW/kg. The company believes it can scale the design to fit any desired automotive use case, all while running at greater efficiency by reducing iron loss. On the topic of EVs, VW Discussing Sharing Electric Platform with Peers and Amazon and Ford See Potential in Rivian

NYC Bans Cars on 14th Street. The Big Apple has followed Toronto’s lead and banned cars including Lyfts and Ubers from its major crosstown artery. The 14th street route now allows for buses to zip quickly from East to West with limited congestion. Speaking of congestion, Uber Copter Goes Public in NYC while the Kitty Hawk v3 VTOL is Unveiled (Doesn’t Appear to Be Practical)

📊The Future Of The In-Vehicle Experience. In-vehicle POS opportunities are slated to grow as ride-hailing platforms seek ways to boost profits and customer loyalty by offering auxiliary products, selling everything from video game consoles to snacks. 

Fundraises, M&A, Talent 💸

Bird Raises $275M Led by Sequoia and CDPQ. In an environment placing increasing value on profitability, Bird shifts its focus entirely to positive unit economics. The new valuation of $2.5B is a $700M bump from the company’s last valuation of $1.8B.

Bounce to Raise $100M Led by Accel and B Capital. Bangalore-based two-wheeler rental startup is seeking to expand its fleet outside of Bangalore, with additional participation from others including Sequoia and Hudson Capital.

Dunzo Raises $45M Led by Google. The Series D round values the Bangalore-based hyper-local delivery service at $200M. The funds will be used to build out the company’s software and grow its network of SME partnerships.

Everledger Raises $20M Led by Tencent.U.K.-based Everledger uses blockchain and other emerging technologies to track high-ticket items like diamonds and wine. The team plans on using the funds to expand its reach to China.

Aero Raises $16M Led by Expa and GGV Capital. Aero is a private jet service that targets millennials looking to capture “instagram-worthy” experiences. The company will use the funding to build its mobile booking and ticketing system that matches up flyers who want to go to the same destination with small carriers willing to provide service.

Quicko Raises $10M Led by CCR and J2L. São Paulo-based Quicko is a mobile app for choosing on-the-ground transport across subways, buses, bike shares, ride-hailing, and electric scooters. The company now sets its sights on other densely-populated cities, namely London and Barcelona.

Meet Unagi, the iPhone of Scooters. The team raised a $3.2M seed led by Menlo Ventures to ramp their ambitions of building this 🤩piece of hardware.

Blackstone Buys Colony Industrial for $5.9B. The deal is Blackstone’s second major purchase of a warehouse network this year, as the PE firm moves to increase its exposure to last-mile logistics. The deal spans 60M SQF across 465 warehouses in 26 U.S. markets.

Tesla Acquires DeepScale. DeepScale is an SF-based startup that uses low-wattage processors to power more accurate computer vision. Musk’s idea is to enhance Tesla's Autopilot ADAS and offer EV robotaxis. 

Company Building 🛠️

🎧The 20 Minute VC: Brad Feld. Discussion on why market size at the early stage is not helpful, his biggest learnings from the boom & bust of the dot com and how the best VCs work for their CEOs.

The Great Public Market Reckoning. “If the product is software and thus can produce software gross margins (75% or greater), then it should be valued as a software company. If the product is something else and cannot produce software gross margins then it needs to be valued like other similar businesses with similar margins, but maybe at some premium to recognize the leverage it can get through software.”

How to Cold Email Investors. Keep the intro short from your company email address. Make sure to address your team, the problem you’re trying to solve, what your solution is, whether you have launched, your growth, how big you think the market could be, and if you know something about the problem that you think is controversial.

Who's Hiring? 👩‍💻

Frontend Engineer at Leaf Logistics in New York, NY.
Client Manager - Supply Chain Solutions at Skupos in Denver, CO.
Head of Sales at Zeelo in London, England.

Check out other jobs at Dynamo portfolio companies.

❤️ We would love your support. Please forward to friends and share on social media.
🗞️ If you were forwarded this and found it interesting or helpful, please sign up.
🎙 Check out Dynamo's podcast series, The Future of Supply Chain.

Introducing the Founders Camp 2019 Class

Over 30 founders joining us from across the US and Europe

By: Santosh Sankar, Ted Alling, Barry Large, Jon Bradford, and Matt McHugh

We are proud to host our second Founders Camp in Chattanooga, TN with over 30 founders joining us from across the US and Europe. Founders will get insights and advice from proven operators and managers who have scaled startups and enterprises. Also, over the course of two days, we will facilitate opportunities to drive revenue through introductions to potential customers and partners.

A big thank you to our headline sponsors, Chick-fil-A, Covenant Transportation, Schneider National, and FreightWaves, as well as local sponsors, EPB, Waller Lansden Dortch & Davis, and Market Street Partners.

The startups joining us are focused on various opportunities across supply chain ranging from international freight, factoring, and warehouse automation through to equipment maintenance and last mile software. Please join us in welcoming them!

Meet the Startups

Axle. Axle is a tech-enabled factoring business. The company provides freight brokers with the capital they need to offer their carriers QuickPay and achieve their growth targets by purchasing their outstanding invoices. 
Founder(s): Bharath Krishnamoorthy, Shawn Vo
HQ: New York, NY

B GARAGE. B GARAGE develops autonomous drones for inventory management in the warehouses. Its end-to-end solution frees employees from physical stock counting and provides an easy to use tool to capture accurate information of the latest inventory data.
Founder(s): Aiden Kim, Sun Choi, Kyuman Lee
HQ: Sunnyvale, CA

Stealth Mode. This company is led by a team of experienced data scientists, machine learning, and AI engineers. The company can facilitate greater visibility and transparency, improve forecasting, optimization, and utilization for supply chains.

ePallet. ePallet empowers manufacturers like Campbell's, Nestle, Mars and many others to sell direct to pallet-quantity buyers efficiently and profitably. Thus, enabling manufacturers to turn an unprofitable customer base into a profitable one. Buyers get a modern, friction-free, low-cost experience.
Founder(s): James Kwon, Max Gold
HQ: Los Angeles, CA

eTrackTech. eTrack’s IoT SaaS solution provides real-time predictive alerts and dashboards to eliminate downtime, reduce operating costs, and improve safety for heavy equipment of all ages, brands, and technology levels, rolling and fixed.
Founder(s): Barbara Timm-Brock, Ed Baldwin
HQ: Phoenix, AZ

FleetOps. FleetOps matches truck drivers with shipments using vehicle data and AI. FleetOps onboards drivers through telematics providers. On the other end of the marketplace, FleetOps aggregates both shippers and brokers.
Founder(s): Chris Atkinson, Nader Balata, Justin Girard
HQ: Toronto, Canada

Forager. Forager is a logistics platform that manages cross-border transportation, with a focus on automation to create better efficiencies within Forager's marketplace, from quoting to building and booking.
Founder(s): Matt Silver, Jordan Salins, Jesse Essman
HQ: Chicago, IL

HeroWear. HeroWear is developing mechanized clothing to prevent injuries and improve peoples' lives. Low back pain is the #1 cause of disability in the world. It is also the leading driver of workers’ compensation claims for many industries including logistics, healthcare, retail, and manufacturing.
Founder(s): Mark Harris, Matt Yandell, Karl Zelik
HQ: Nashville, TN

Hopstack. Hopstack is a real-time worker intelligence platform designed to improve worker safety, efficiency and asset utilization at warehouses and distribution centers. The company provides an infrastructure-lite “location intelligence” solution for operational facilities.
Founder(s): Vivek Singh, Gaurav Saraf
HQ: Palo Alto, CA

Manna. Manna is making 3-minute food delivery a reality, using custom-developed aerospace-grade drones. The vision is to completely replace road-based delivery, reducing delivery times to a fraction of their current times, greatly improving the consumer experience of food delivery, and saving lives by taking the dangerous process of road-based delivery into the skies. 
Founder(s): Bobby Healy
HQ: Dublin, Ireland

Mercado Labs. Mercado’s solution is a platform that connects buyers and sellers, digitizes the International supply chain, and creates solutions for common import challenges. The result is significant efficiency and lower costs for the importer and their network.
Founder(s): Robert Garrison, Brian Nacci, Lee Grover
HQ: Dallas, TX

Mobikit. Mobikit is a cloud-based platform that provides data scientists, software developers, and product managers with the tools to build, scale, and maintain vehicle-based enterprise applications on top of data from connected vehicles.
Founder(s): Igor Ferst, Arnab Nandi
HQ: Columbus, OH

Monolets. MonoLets is enabling real-time visibility of the global supply chain at the item level. The company is building a wireless network with disposable sensors at the price point of RFID. The sensors are connected to the cloud in real-time and use commodity infrastructure to collect the data.
Founder(s): Osama Khan, Brad Wheeler
HQ: Berkeley, CA

Nuvocargo. Nuvocargo is offering digital freight forwarding for Intra-Americas. The company is using local connections in both the US and Latin America to create a reliable and technology-powered provider that represents the future of the industry.
Founder(s): Deepak Chhugani, Sam Blackman
HQ: New York, NY

OneRail. OneRail is a final mile delivery orchestration platform providing real-time visibility, actionable data, and data-driven optimization capabilities for its enterprise clients. OneRail’s cloud-based “delivery switch” simplifies same-day and on-demand delivery execution by connecting the demand signal (POS, eCommerce, ERP) with the ecosystem of delivery networks and internal fleets.
Founder(s): Bill Catania
HQ: Orlando, FL

SecurSpace. SecurSpace is changing the way businesses access industrial real estate. Through a network of partners, SecurSpace has created an ecosystem facilitating flexibility and agility in real estate planning for all facets of the supply chain.
Founder(s): Lance Theobald, Cory Bailey, Ben Satterlee
HQ: Charlotte, NC

Southie Autonomy. Southie Autonomy has created a no-code software platform for robot arms that enables businesses to affordably automate manual tasks as fast as their products change, without any robotics expertise.
Founder(s): Rahul Chipalkatty, Jay M. Wong
HQ: Boston, MA

Sticker Control. Sticker Control is a software platform licensed using a SaaS model targeting small and medium-sized companies. The company uses sensors (usually RFID) to provide automated physical asset tracking and more so they can use data to drive efficiencies.
Founder(s): Jeff Beyle
HQ: Denver, CO

SVT Robotics. SVT Robotics empowers companies to adopt disruptive robotics technologies. SVT Robotics builds a single bridge between business systems and automation, enabling rapid development and quick integration. Thus, granting its customers harmonized data and analytics across multiple platforms.
Founder(s): A.K. Schultz, Michael Howes
HQ: Norfolk, VA

Loading more posts…