Company profile: ShipTrack
1.1 - Company Overview
Company description
- Provider of a cloud-based logistics management platform for tracking, dispatch, and operations management with customizable workflows, featuring real-time dispatch to driversβ devices, route optimization, a mobile app for iOS and Android, a self-service client portal for job creation, tracking, label printing and reporting, and an administration portal for workflow configuration, user management, analytics and reports.
Products and services
- Real-Time Dispatch: A cloud-based feature that dispatches jobs in real-time to drivers' devices using a cloud-based system to coordinate assignments
- Route Optimization: An algorithmic tool that optimizes delivery routes to save time and fuel, considering various logistical variables during route calculation
- Logistics Management Platform: A scalable platform that allows for tracking, dispatch, and management of logistics operations with customizable workflows in a cloud-based environment
Key contacts
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Financial details
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1.2 - Competitors and similar companies to ShipTrack
Ubigrate
HQ: Germany
Website
- Description: Provider of a software integration platform for business activity monitoring, connecting enterprise systems with data from intelligent devices such as RFID, barcodes, sensors, PLCs, and industrial scales. Develops software products for process data capture in production and logistics, offered as SaaS.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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JEAR Logistics
HQ: United States
Website
- Description: Provider of freight brokerage services connecting shippers with carriers across the continental United States and Canada, featuring a custom load board with personalized login, dedicated Logistics Account Executives, 24/7 live response, and a carrier qualification process aligned with TIA standards.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Teletrac Navman
HQ: United States
Website
- Description: Provider of GPS fleet management solutions for cross-country trucking hauls and local construction projects, delivering data to stay on schedule, reduce costs, and allocate resources where they are needed every day.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Ruby Has
HQ: United States
Website
- Description: Provider of enterprise-level end-to-end supply chain and third-party logistics (3PL) services for omni-channel brands of any size, customization, or scale, featuring cutting-edge technology, seamless integration, and an uncompromising commitment to quality, supported by four warehouse locations.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Quartix
HQ: United Kingdom
Website
- Description: Provider of vehicle tracking systems and in-vehicle tracking technology for site and field services, transportation, security, and other industries. Serves subscribers from small businesses to major corporations, helping maximize fleet operation efficiency with benefits including lower operating costs, more responsive delivery times, and improved vehicle security.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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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 ShipTrack
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Buyer group 2: ββββββββ ββββββββ
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Buyer group 3: ββββββββ ββββββββ
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to ShipTrack
2.2 - Growth funds investing in similar companies to ShipTrack
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4 - Top valuation comps for ShipTrack
4.2 - Public trading comparable groups for ShipTrack
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