GoRamp

GoRamp

Provides a single cloud solution for manufacturing companies in the SME space.

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€3.0m

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-80 %189 %46 %
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

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GoRamp, a Lithuanian logistics technology company founded in 2017, offers a cloud-based transportation management system designed to digitize and streamline supply chain operations. The company was established by Jevgenij Polonis, Marius Repecka, and Ugne Palionyte, who leveraged their collective experience across different sectors of the shipping industry to address common pain points for manufacturers and carriers. Polonis's background as a key account manager for a large transportation business highlighted the need for an accessible logistics solution for small to medium-sized enterprises (SMEs) that lacked the resources to develop proprietary systems.

The firm operates on a subscription-based (SaaS) model, providing shippers with tools for proactive decision-making in sourcing, monitoring, and analyzing their freight logistics. GoRamp primarily serves manufacturing, retail, and production companies across a wide range of industries, including automotive, pharmaceuticals, food and beverage, and 3rd Party Logistics (3PL). Its client roster includes major international corporations such as Pfizer, Continental, and Mondelez. The business generates revenue by offering monthly subscription packages for its software.

GoRamp's platform is an integrated solution for managing inbound and outbound logistics. Key functionalities include warehouse dock scheduling, yard management, and freight management. The software automates processes like carrier selection, provides real-time freight tracking, and facilitates direct communication between shippers, carriers, and warehouses. This helps to reduce manual operational work, decrease truck wait times, and optimize warehouse efficiency. The platform features customizable dashboards, analytics for key performance indicators (KPIs), and document management. Since its inception, GoRamp has expanded its operations to over 18 countries and has secured approximately $5.64 million in funding over four rounds to fuel its growth in Europe and the United States.

Keywords: transportation management system, supply chain management software, logistics technology, freight management, dock scheduling, yard management, warehouse optimization, SaaS, real-time freight tracking, carrier management, logistics analytics, inbound logistics, supply chain digitization, SME logistics, 3PL solutions, fleet management, logistics automation, European logtech, order management, load planning

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