TrackChain Analysis: $2M Raised
What is TrackChain?
TrackChain builds TrackChain OS, a logistics suite that automates freight transport from planning through payment. The system connects ERP, WMS, and GPS data with AI procurement, autonomous execution, shipment tracking, and invoice auditing. The company says it has processed more than 2.5 million shipments and cut operational tasks by 90 percent.
Location
2261 Market St, San Francisco, California 94114, US
Employees
11-50
Founded
2021
Revenue
$0.7-5.7M
Product Features & Capabilities
- dynamic freight quoting, load assignment, route management, real-time shipment tracking, automation, analytics, visibility, financial tools, integration with major ERPs
How much TrackChain raised
1 - $2,045,000
August 31, 2021Lead Investor: AngelHub VC and 4 other investors
Who are the founders of TrackChain
EN
Eduardo Narvaez
Founder and CEO
HA
Hugo Alvarez
Founder and CFO-Growth
Investors
- Y Combinator
- AngelHub VC
- Soma Capital
- JAM Fund
- Super Capital
Competitors Overview
TrackChain operates in the logistics solutions market, where its main competitors include:
-
Chain.io: This company provides integration solutions for supply chain data, enabling businesses to connect various systems and streamline operations. Notable advantages include a focus on data integration and collaboration across different platforms, which can enhance visibility and efficiency in logistics.
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Wilya: Wilya offers workforce management solutions tailored for industrial manufacturing and logistics. Their platform allows factories to manage flexible work schedules and create a pool of on-demand talent. This flexibility can be a significant advantage in adapting to changing logistics demands, although it focuses more on workforce management than on logistics operations directly.
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REPOWR: This platform specializes in trailer capacity logistics, connecting shippers with a network of trusted carriers and equipment owners. REPOWR's advantage lies in its ability to simplify the process of reserving trailers, making it easier for companies to manage their transportation needs.
These competitors highlight different aspects of logistics solutions, with Chain.io focusing on data integration, Wilya on workforce flexibility, and REPOWR on trailer management, each offering unique advantages that may appeal to various segments of the logistics market.
Market Focus
TrackChain primarily focuses on the logistics industry, providing advanced logistics solutions such as dynamic freight quoting, load assignment, route management, and real-time shipment tracking.
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