
Transmate
An online collaboration platform that helps to make supply chains transparent.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | Seed | ||
Total Funding | 000k |
EUR | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Transmate, founded in 2015 and headquartered in Gooik, Belgium, provides a cloud-based platform designed to enhance transparency and efficiency in supply chain operations. The company was established by supply chain professionals who experienced firsthand the frustrations of limited visibility and administrative burdens in day-to-day logistics. This experience shaped the development of the Transmate platform, which aims to balance ease-of-use with the complexities of modern supply chain management.
The firm's core offering is a modular, software-as-a-service (SaaS) platform that integrates several key logistics functions into a single system. This includes a transport management system (TMS), freight procurement, rate management, and freight invoice auditing. Clients can utilize the entire suite or select specific modules that can be integrated with their existing Enterprise Resource Planning (ERP) systems like SAP, Oracle, and Navision. The business model appears to be subscription-based, with a pricing structure that scales with usage, making it accessible for companies starting with a limited budget. Transmate also offers managed services, such as conducting freight tenders and performing complete freight invoice audits on behalf of its clients.
The platform serves shippers by connecting them with their carriers and customers, facilitating collaboration through a central web portal and supporting mobile applications. It enables users to plan, allocate, book, and track shipments across all modes, including air, ocean, road (FTL/LTL), and parcel. A key feature is its dual approach to freight procurement, allowing users to manage pre-tendered rate cards and initiate spot rate requests to secure the best fit carrier based on cost and service. The system automates processes like comparing invoiced freight costs against calculated rates, handling discrepancies, and managing approvals for additional charges, thereby giving businesses greater control over their logistics spending.
Keywords: supply chain management, transport management system, TMS, freight procurement, freight tendering, rate management, freight invoice auditing, logistics software, supply chain visibility, SaaS, cloud logistics, shipment tracking, carrier management, freight booking, invoice verification, supply chain collaboration, spot rate tendering, logistics cost control, multimodal transport, ERP integration