Company profile: Ontruck
1.1 - Company Overview
Company description
- Provider of regional merchandise transport services via a technology platform that connects companies with a wide network of professional carriers and an immediate, transparent pricing system. Offers AI tech for transport including an AI Pricing Engine, AI Routing Engine, Predictive Incident System, and Forecast & Capacity Planner, plus Ontruck Economy with full traceability and zero risk of breakage or loss.
Products and services
- Ontruck Economy: Network-integrated transport service that delivers economical regional shipping with full traceability and zero risk of breakage or loss for pallets, parcels, and packages
- AI Tech for Transport: Enterprise-grade software that architects smart pricing, optimizes routes, anticipates operational problems, and delivers accurate transport forecasting to enhance profitability in regional merchandise operations
- AI Pricing Engine: Algorithmic platform that automates quoting, enables digital order entry, and applies smart pricing to regional shipments for immediate, transparent price management and profitability
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Ontruck
GXO
HQ: United States
Website
- Description: Provider of cutting-edge logistics solutions for multinational companies and blue-chip market leaders, including automated conveyor and sortation systems, warehouse robotics (mobile and collaborative), goods-to-person systems, robotic arms for fulfillment tasks, machine-vision technologies for touchless data gathering, and reverse logistics services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Fleet Advantage
HQ: United States
Website
- Description: Provider of fleet analytics and asset management solutions, including ATLAAS for data visualizations and metrics; EXchangeIT, a truck lease program enabling equipment replacement before lease end with used truck sales and residual risk management; TIPPINGPOINT to identify optimal truck replacement based on economic obsolescence; and turnkey asset management, flexible financing, and truck fleet studies to reduce lifecycle costs.
- 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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Saturn Freight Systems
HQ: United States
Website
- Description: Provider of cargo and transportation services as a transportation company.
- 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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Idelic
HQ: United States
Website
- Description: Provider of a driver management platform that consolidates fleet data systems and automates compliance, using AI-driven predictive analytics to detect risk, deliver targeted, behavior-based driver coaching to prevent accidents and improve retention, and inform proactive safety strategies. Offers Safety Suite, Predictive Analytics, Driver Coaching, and Business Insights for monitoring and reporting across fleet, terminal, and regional levels.
- 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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MyUS
HQ: United States
Website
- Description: Provider of international package forwarding and consolidation services enabling shoppers and businesses to buy from US and UK stores. Offers US and UK shipping addresses, combines multiple packages into one shipment, upfront TruePrice pricing based on weight only, US sales tax-free shopping via a special postal code, discounted international shipping rates through carrier deals, and free package repacking.
- 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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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Ontruck
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Ontruck
2.2 - Growth funds investing in similar companies to Ontruck
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4 - Top valuation comps for Ontruck
4.2 - Public trading comparable groups for Ontruck
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