Transiteo is a France-based startup that offers a range of tools and solutions to simplify international product purchases and sales. Their services cater to e-merchants, logisticians, distributors, and forwarders, with a focus on Big Data, E-Commerce, and Logistics industries. Founded in 2017, the company secured a €800.02K Seed Round investment on 01 May 2019.
Their offerings include an artificial intelligence model for product classification, customs duty and tax calculation engine, and export and customs documents generator. The customer base consists of 70% trade and e-commerce entities, with major clients such as CDiscount and Fnac Darty. Transiteo's tools are accessible through a web platform, web services via API, and modules that integrate directly into e-commerce stores.
The startup's slogan succinctly captures its mission, emphasizing their commitment to facilitating global trade. The last investment, though relatively modest, hints at investor confidence in the potential of Transiteo's offerings within the rapidly evolving e-commerce and logistics landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | €800.02K | - | 01 May 2019 | |
Seed Round | €1.15M | - | 01 Dec 2018 |
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