Company profile: VeriTread
1.1 - Company Overview
Company description
- Provider of online heavy-haul freight solutions, including a marketplace for shippers to list loads and receive competing bids from qualified transport providers, a full-service brokerage managing transport from pickup to delivery, tools for equipment specs, real-time pricing, instant cost estimates, load planning and permits, a freight estimator, and a carrier app with booking and e-docs.
Products and services
- VeriTread Exchange: A full-service brokerage that orchestrates all heavy-haul freight transportation stages from pickup through delivery, coordinating end-to-end shipment management for customers
- VeriTread Marketplace: An online platform that enables shippers to list heavy-haul freight and obtain competing bids from qualified transport providers, enhancing carrier selection and price transparency
- VeriTread Freight Estimator: A proprietary tool that automates heavy equipment freight cost estimation using actual cost data and equipment specifications for shipments
Key contacts
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Financial details
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1.2 - Competitors and similar companies to VeriTread
HaulHub
HQ: United States
Website
- Description: Provider of a platform for heavy construction companies that powers transportation and digital ticketing for producers and contractors, plus systems for digital chain of custody, source record and project reconciliation, telematics-based payment notifications, and material quantity certification, alongside an E-DOT platform for public works with real-time supply chain integration and ArcGIS-based State map updates.
- 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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Generix Group
HQ: France
Website
- Description: Provider of software solutions for manufacturing, logistics, and retail ecosystems, offering WMS SOLOCHAIN for warehouse operations (inventory management, order fulfillment, shipment tracking), a collaborative supply chain platform integrating WMS, TMS, RMS, and VMI, plus EDI, e-invoicing, P2P, and O2C solutions.
- 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 Generix Group company profile →
Earth Class Mail
HQ: United States
Website
- Description: Provider of virtual mailbox and virtual address services that make postal mail paperless. Offers business addresses, secure digitization and scanning of mail with junk mail filtering, fully searchable cloud access, automatic check deposit, and cloud integrations. Serves individuals through enterprise-level businesses.
- 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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Transparix
HQ: The Netherlands
Website
- Description: Provider of TME SaaS that captures all relevant transportation data from shipment creation through Proof of Delivery and invoicing, enabling transparency and reliable, complete information to manage inbound and outbound goods flows.
- 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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Ermes X
HQ: Italy
Website
- Description: Provider of software development and software-as-a-service solutions leveraging operational research algorithms and artificial intelligence on cloud architectures to optimize operational activities, including personnel planning and warehouse management services.
- 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 Ermes X 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 VeriTread
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Buyer group 2: ████████ ████████
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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 VeriTread
2.2 - Growth funds investing in similar companies to VeriTread
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4 - Top valuation comps for VeriTread
4.2 - Public trading comparable groups for VeriTread
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