Conduit Analysis: $6M Raised
What is Conduit?
Conduit provides a dock and yard management system for warehouses and logistics operators. The product replaces spreadsheets, phone calls, and disconnected tools with online scheduling, driver check-in, yard visibility, and facility-wide reporting. The site says customers use it across multiple facilities and integrates with WMS, TMS, YMS, ERP, EDI, and API-based systems.
Location
San Francisco, California, United States
Employees
11-50
Founded
2023
Revenue
$50-100M
Product Features & Capabilities
- Dock scheduling, yard management, driver check-in, modular software, real-time updates, custom scheduling rules, automated check-in system, yard management system, easy and flexible integrations, rich reporting, digital driver sign-in, appointment logs, whole network visibility.
Pricing
- Starter Plan: $10.00/month
- Connection: $10.00/month
- Custom Branding: $50.00/month
- Developer Plan: $250.00/month
- Custom Branding: $50.00/month
- Seat: $10.00/month
- Unlimited Plan: Pricing varies
How much Conduit raised
Seed Extension - $6 million
6 months agoWho are the founders of Conduit
Investors
- Bankless Ventures
- Helios Investment Partners
- Asiff Hirji
- Astir Ventures
- Core Innovation Capital
- Diagram Ventures
- Coinbase
- Paradigm
Business Model
Recurring revenue model through API integration fees and continuous client value delivery.
Competitors Overview
Conduit operates in the warehouse operations market, specifically focusing on dock scheduling, yard management, and automated check-in systems. Its main competitors include:
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Opendock: A cloud-based dock scheduling system that allows carriers to book appointments and manage logistics planning. It has a user rating of 4.5 and offers features like reporting and booking management. Pricing starts at $7,000/year.
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C3 Reservations: This software emphasizes intelligent planning and automated scheduling, providing real-time communication and reporting. It has a rating of 4.7 and is known for optimizing traffic for distribution centers.
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Streamliner: A yard management platform that enhances supply chain operations, including scheduling and monitoring. It has a rating of 4.5 and offers features like real-time notifications.
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YardView: Focused on yard management, it provides real-time information about assets in warehouses and distribution centers, boasting a high rating of 4.9.
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GoRamp: Offers a usage-based pricing model starting at $175 per month and has a strong overall rating of 4.8, making it a competitive option for businesses looking for flexible pricing.
Notable differences among these competitors include specialized features such as C3 Reservations' focus on intelligent planning and Opendock's centralized dock scheduling capabilities, which may provide distinct advantages depending on user needs.
Market Focus
Conduit primarily focuses on the logistics and supply chain industry, specifically providing solutions for warehouse operations, including dock scheduling, yard management, and automated check-in systems to enhance efficiency in shipping and receiving processes.
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