Company profile: TextLocate
1.1 - Company Overview
Company description
- Provider of automated location update and partner carrier communication tools, featuring a unique dashboard, two-way text messaging, and an enhanced API. Enables one-time location requests to drivers via text without app downloads or continuous tracking, and offers API integration to automate visibility solutions and system integrations.
Products and services
- API Integration: Full enhanced API integration service that automates visibility and system connections, enabling customers to trigger one-time location requests and streamline partner-carrier communications from existing platforms
- Proprietary Workflow for Location Updates: SMS-based, app-free workflow that sends one-time location requests via text message from the dashboard, capturing driver responses without continuous tracking to automate partner-carrier updates
- Two-Way Text Messaging: SMS channel enabling two-way text with partner carriers and drivers to coordinate location updates and communication, reducing manual follow-ups and complementing the dashboard and API workflows
Key contacts
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Financial details
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1.2 - Competitors and similar companies to TextLocate
Motus
HQ: United States
Website
- Description: Provider of the most accurate vehicle management and reimbursement platform, leveraging a sophisticated configuration engine that incorporates real-time data across hundreds of variables to drive significant cost reductions, ensure compliance, and reimburse employees exactly what they deserve.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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uShip
HQ: United States
Website
- Description: Provider of an online transport marketplace and transparent platform for shipping large or bulky items—from cars to cranes and furniture to freight—serving the freight, household goods, and vehicle shipping markets, and helping people, businesses, e-commerce sellers, and multinational logistics companies ship with greater speed and efficiency.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Sensatag
HQ: The Netherlands
Website
- Description: Provider of low-cost, low-power industrial IoT tracking solutions for non-powered mobile assets, offering hybrid tracking technologies including Wi-Fi, GPS, and Sigfox, a 0G global network.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Revenova
HQ: United States
Website
- Description: Provider of CRM-powered, cloud-based transportation management systems built on Salesforce for 3PLs, freight brokers, carriers and shippers. Features multimodal planning, pricing and capacity management, plus Fleet Operations for asset management, route planning, dispatch, incident management and driver pay, and a Brokerage module to manage customer and carrier relationships and integrate with other Salesforce applications.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Montway
HQ: United States
Website
- Description: Provider of nationwide car shipping services, offering open auto transport for cost-effective, fast service; enclosed auto transport to protect luxury, classic, or high-value cars; fleet vehicle transport for multiple cars, trucks, and specialty vehicles with speed and reliability; and OEM auto transport moving new vehicles from factories, marshalling yards, railheads, and ports to dealers or distribution centers with a focus on safety and efficiency.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Montway company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for TextLocate
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to TextLocate
2.2 - Growth funds investing in similar companies to TextLocate
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4 - Top valuation comps for TextLocate
4.2 - Public trading comparable groups for TextLocate
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