Transmetrics

Transmetrics is an AI-powered analytics and planning software for logistics service providers and trucking companies.

General Information
Company Name
Transmetrics
Founded Year
2013
Location (Offices)
Bulgaria +1
Founders / Decision Makers
Number of Employees
53
Industries
AI, Analytics, B2B +5
Funding Stage
Grant
Social Media

Transmetrics - Company Profile

Transmetrics is a Bulgarian-based startup that specializes in optimizing logistics planning and asset management through the use of predictive analytics and AI. Founded in 2013, the company has developed a state-of-the-art AI platform tailored for the supply chain industry. By combining human expertise with AI capabilities, Transmetrics achieves operational benefits and reduces the environmental impact of logistics. Transmetrics' unique approach involves analyzing, modeling, and predicting transport flows with exceptional accuracy. Their expertise spans across multiple disciplines, including Big Data, Predictive Analytics, Transport, and Logistics. Their products have delivered substantial benefits to top-tier logistics companies worldwide, with up to a 10% reduction in transport costs, a 14% increase in fleet utilization, a 12% reduction in fleet size, and the retention of high service levels. In September 2023, Transmetrics secured a €1.70M grant investment from the NextGenerationEU as part of Bulgaria's Recovery and Resilience Plan, which is aligned with the European Union’s NextGenerationEU instrument under Grant Agreement BG-RRP-2.006-0006-C01. With its innovative approach and proven track record, Transmetrics is well-positioned to continue making significant strides in the analytics, B2B, logistics, SaaS, and transportation industries.

Taxonomy: Predictive analytics, AI platform, Logistics planning, Transport optimization, Supply chain management, Predictive modeling, Machine learning, Big data analytics, Fleet management, Transport cost reduction, Fleet utilization, Environmental impact reduction, Data-driven logistics, Transport flow analysis, Domain expertise

Funding Rounds & Investors of Transmetrics (11)

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Funding Stage Amount No. Investors Investors Date
Grant €1.70M 1 15 Sep 2023
Convertible Note €2.50M 2 23 Feb 2023
Grant €1.67M 1 European Commission 12 Dec 2019
Seed Round €1.54M - 01 Oct 2018
Seed Round €490.00K 1 LAUNCHub Ventures 01 Jan 2017

View All 11 Funding Rounds

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