Zendera

Zendera

Convinced that small, local transport companies can think smarter and deliver better than the international transport giants.

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DateInvestorsAmountRound
-investor investor

€0.0

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NOK13.0m

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
NOK20202021202220232024
Revenues00000000000000000000
% growth-712 %87 %147 %9 %
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin(1978 %)(374 %)(362 %)(42 %)(16 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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Zendera AS operates as a logistics-focused Software-as-a-Service (SaaS) company, providing a transport management system engineered to enhance the operational efficiency of small and medium-sized transport operators. The firm was established in Norway in 2016, with its formal registration on January 31, 2017. It was founded by Kim Iversen, who currently serves as the company's Chief Executive Officer. Based in Oslo, the company targets the persistent challenges of low efficiency and high emissions that characterize the transportation industry.

The core of Zendera's offering is its Transport Control Tower, a centralized platform that facilitates streamlined information sharing and real-time data access for dispatchers, drivers, and end customers. This system utilizes dynamic route optimization, employing sophisticated algorithms to adjust for variables like traffic in real-time, thereby reducing travel time and fuel consumption. The platform includes features such as order management, a mobile application for drivers to manage tasks and share delivery information, and real-time tracking for recipients. This digital approach minimizes manual communication, leading to fewer delivery discrepancies and improved resource management. The business model is B2B, generating revenue by providing its software to logistics companies, with a key customer segment being businesses that manage fleets of 5 to 50 trucks.

Zendera has secured multiple rounds of funding to fuel its growth. After an initial grant of $30.2K in September 2018, the company has raised a total of $2.06M. A significant funding round in February 2022 brought in 13 million NOK (approximately $1.46M), with contributions from notable investors including Patrik Berglund, the founder of Xeneta, and Møller Mobility Group. This capital is earmarked for international expansion, with a primary focus on the UK market, which is experiencing a shortage of drivers.

Keywords: transport management system, logistics software, route optimization, SaaS, fleet management, real-time tracking, delivery management, supply chain tech, mobility tech, last-mile delivery, freight tech, B2B logistics, dynamic routing, transport control tower, operational efficiency, Kim Iversen, Møller Mobility Group, Xeneta, Patrik Berglund, Oslo startup

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