Company profile: TNX Logistics
1.1 - Company Overview
Company description
- Provider of a procure-to-pay platform for major users of road transport, lowering transport spend by >7% and introducing zero-touch invoicing, with 99.5% of invoices processed no-touch. Solutions include Autonomous Procurement, a data science platform automating road transport procurement to achieve lower freight rates, and Autonomous Quotation for fast, accurate, affordable freight quotations for brokerages of all sizes.
Products and services
- Procure-to-Pay Platform: Enterprise-grade system lowering road transport spend by >7% and introducing zero-touch invoicing with 99.5% no-touch invoice processing for major transport users
- Autonomous Procurement: Industrial-grade, data-science platform automating road transport procurement using data and behavioral science to secure lower freight rates for major transport users
- Autonomous Quotation: Modular application producing fast, accurate freight quotations, architected to be accessible and affordable for freight brokerages of all sizes in road transport
Key contacts
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Financial details
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1.2 - Competitors and similar companies to TNX Logistics
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
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- Total funding raised: $●●●m
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Airspace
HQ: United States
Website
- Description: Provider of technology-enabled time-critical logistics through a platform designed to expedite deliveries, improve accuracy, and provide full transparency for critical shipments.
- 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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Indigo
HQ: United Kingdom
Website
- Description: Provider of custom warehouse management and logistics software systems, and industry-specific software that assists manufacturers and distributors in running and expanding their operations.
- 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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LoadDelivered
HQ: United States
Website
- Description: Provider of technology-enabled third-party logistics and reliable, cost-effective transportation solutions for customers ranging from Fortune 500 companies to small distribution networks, with experience in virtually every industry.
- 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 LoadDelivered company profile →
SmartDrive
HQ: United States
Website
- Description: Provider of video-based fleet safety and transportation intelligence solutions, combining video analysis, predictive analytics, telematics and compliance applications with a managed service to improve driver performance, reduce collisions, save fuel and lower operating costs; offerings include extended recording, flexible program design, advanced tracking and backhaul optimization for asset and risk management.
- 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 SmartDrive 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 TNX Logistics
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to TNX Logistics
2.2 - Growth funds investing in similar companies to TNX Logistics
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4 - Top valuation comps for TNX Logistics
4.2 - Public trading comparable groups for TNX Logistics
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