Transeop
Online marketplace for road freight logistics services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
€200k | Seed | ||
| Total Funding | 000k | ||
| EUR | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | (11 %) |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | (8 %) | (12 %) |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Transeop is a digital freight platform that connects companies requiring shipping services with a network of transport providers for national and international routes. The company was founded in 2016 by Francisco González García and Juan Carlos Horcas Cerrillo, two computer engineers who started the venture in a student apartment with the goal of solving inefficiencies in the transport sector.
The platform serves as an online marketplace where businesses can request quotes, compare prices, and book transportation for palletized or containerized cargo. Transeop's technology aims to simplify logistics management by replacing numerous phone calls and emails with a streamlined digital process. It caters to a variety of shipping needs, including loose pallets, groupage, full truckloads, and temperature-controlled freight. The business model focuses on optimizing transport routes by utilizing empty return trips and available space in trucks, which helps reduce costs for shippers and increase revenue for carriers while also lowering carbon emissions. Shippers receive immediate quotes through the platform, while carriers can find loads to fill their empty capacity without intermediaries or auctions.
Transeop developed a proprietary algorithm that uses artificial intelligence and machine learning to calculate transport prices in real-time with high accuracy, considering up to 35 factors such as seasonality and route. The company has received funding through several seed rounds and accelerator programs, with investors including SouthUp Ventures and Grupo Andres Neumaticos. Initially focused on the Spanish market, Transeop has expanded its services to cover routes across Europe.
Keywords: freight marketplace, logistics platform, road transport, pallet shipping, freight brokerage, digital logistics, cargo transport, trucking marketplace, full truckload, groupage, international shipping, supply chain technology, freight optimization, freight quoting, haulage services, logistics software, european transport, freight management, artificial intelligence in logistics, transport management