Nuport is a industrial route optimization and distribution planning platform for manufacturing and distribution companies.
Business Model: SAAS
Revenue: $0
Employees: 1-10
Address: Building 11, Road 17
City: Dhaka
State: dhaka division
Zip: 1213
Country: BD
Nuport is an industrial route optimization and distribution planning software designed for manufacturers and distributors in the post-COVID world. Nuport cuts planning times by up to 85% while giving decision makers live visibility and control over their distribution channels. Manufacturing and distribution companies took the hardest hit during COVID because they were not prepared with the right technical infrastructure to handle such a huge influx of urgent and complex orders. Many companies manually planned thousands of orders for hundreds of different routes every single day. On average, distribution companies spend up to 5 hours planning routes every day and take up to 7 days to create performance reports from the disconnected departments of order management, inventory, and distribution. Why is this an important problem to solve? It is because distribution planning automation technology can unlock more of their capacity to drive increased revenue opportunities for distribution companies. Supply chain automation is a USD 52B industry today and is expected to reach USD 104B by 2026. Of the top 10 supply chain automation companies in the world, Nuport is the only one that was designed during COVID for the Post-COVID world of distribution. Co-founders Chris Li and Fahim Salam have built 3 companies together in the past. They have deep domain expertise in supply chain tech, having built a digital logistics company in South Asia prior to starting Nuport.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2022 | Pre Seed Round | 1 | $100k |
South Asia Tech Partners Tofino Capital South Asia Tech Partners |
12/2021 | Pre Seed Round | 1 | $125k |
ODX Flexport ODX Flexport |
3/2022 | Pre Seed Round | 1 | $2k |
AngelList Talent AngelList Talent |
9/2021 | Angel Round | $20k | 3/2022 | Angel Round | 1 | $25k |
Mashfique Hossain Chowdhury Mashfique Hossain Chowdhury |
3/2022 | Angel Round | $30k |
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