Sudu

Sudu

A VC-backed trucking services platform that utilizes big data, predictive analytics, and machine learning to connect companies that ship freight with a network of trucks and carriers.

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DateInvestorsAmountRound
-investor

€0.0

round
investor

€0.0

round
investor investor investor investor investor investor

€0.0

round
investor

€0.0

round

N/A

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth---24 %
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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More about Sudu
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Sudu operates as a technology-driven logistics and supply chain company, functioning as a digital freight brokerage. The company was established in 2015 with its headquarters located in the Atlanta metropolitan area. Sudu's foundation is built upon leveraging data analytics, predictive modeling, and machine learning to create a more efficient connection between shippers and a network of carriers. This model aims to address the needs of large enterprises requiring reliable freight transportation, offering them access to a vetted network of trucking professionals.

The core of Sudu's business is its digital platform, which streamlines the freight procurement process. For shippers, this translates into an ability to secure capacity and manage their logistics with enhanced visibility and data-driven insights. For the carriers and truckers within its network, the platform provides transparent, upfront pricing for loads, which eliminates the need for lengthy negotiations. Furthermore, it offers快付 (Kuai-Pay), a feature designed to ensure prompt payment for completed jobs, directly addressing a common pain point in the industry regarding cash flow for smaller operators. The company's revenue model is based on the margin between the price charged to the shipper and the payment made to the carrier for each successfully completed freight transaction.

The company serves a diverse client base that includes some of the world's largest enterprises, indicating a focus on high-volume, reliable freight services. By digitizing the brokerage process, Sudu competes in the third-party logistics (3PL) market, positioning itself against traditional freight brokers by offering a more technologically advanced and data-centric solution. The platform's ability to utilize predictive analytics helps in forecasting demand and optimizing routes, which can lead to cost savings and improved efficiency for its clients. Sudu's commitment to supporting a network of thousands of carriers, including a focus on minority and women-owned businesses, is a notable aspect of its operational philosophy.

Keywords: digital freight brokerage, logistics technology, supply chain management, predictive analytics, freight matching, trucking platform, carrier network, shipper solutions, upfront pricing, 3PL

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