Transmetrics

Transmetrics optimizes logistics planning and asset management by leveraging the power of predictive analytics and artificial intelligence.

Business Model: SAAS

Revenue: $0

Employees: 11-50

Detailed Transmetrics Information

Geographic Data

Transmetrics headquarters map

Address:

City: Sofia

State: Grad Sofiya

Zip:

Country: Bulgaria

Financial Info

Stage:

grant

Raised Last:

$2M

Raised Total:

$6M

Metrics

6,763,176Website Global Rank

725Website Monthly Traffic

Twitter Followers

Description

As a state-of-the-art AI platform developed exclusively for the Supply Chain, Transmetrics optimizes transport planning by leveraging the power of predictive analytics and machine learning. Transmetrics combines the strengths of humans with those of AI, ensuring the highest operational benefits, and reducing the environmental impact of logistics. Transmetrics has developed a unique approach for analyzing, modeling, and predicting transport flows with very high accuracy. Our unrivaled technology requires a rare combination of knowledge in multiple disciplines, something unique to Transmetrics. Our advantage comes from having strong experience in both the technical (Big Data and Predictive Analytics) and domain (Transport and Logistics) areas. Our products have brought significant benefits to the top-tier logistics companies worldwide that have experienced an up to 25% reduction in transport costs while increasing their fleet utilization up to 14% and maintaining high service levels. This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 945610.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
11/2015 Seed Round $330.6k
1/2017 Seed Round 1 $515.9k LAUNCHub Ventures
LAUNCHub Ventures
2/2015 Seed Round $113.1k
6/2013 Angel Round $110.4k
10/2018 Seed Round $1.8M
7/2016 Seed Round $250.6k
12/2019 Grant 1 $1.9M European Commission
European Commission
European Commission
European Commission
2/2014 Seed Round 1 $485.6k LAUNCHub Ventures
LAUNCHub Ventures
3/2013 Seed Round 1 $64.7k LAUNCHub Ventures
LAUNCHub Ventures
Announced Date Name Price

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