Transmetrics

📍 Sofia, Bulgaria🗓 Founded 2013👥 52 employees💰 Last funded Feb 2023
As a state-of-the-art AI platform developed exclusively for the Supply Chain, Transmetrics optimizes transport planning by leveraging the power of predictive analytics and machine learning. Transmetrics combines the strengths of humans with those of AI, ensuring the highest operational benefits, and reducing the environmental impact of logistics. Transmetrics has developed a unique approach for analyzing, modeling, and predicting transport flows with very high accuracy. Our unrivaled technology requires a rare combination of knowledge in multiple disciplines, something unique to Transmetrics. Our advantage comes from having strong experience in both the technical (Big Data and Predictive Analytics) and domain (Transport and Logistics) areas. Our products have brought significant benefits to top-tier logistics companies worldwide that have experienced an up to 10% reduction in transport costs while increasing their fleet utilization by up to 14%, reducing the fleet size by 12%, and maintaining high service levels. The project has received funding from Bulgarias Recovery and Resilience Plan, a part of European Union’s NextGenerationEU instrument under Grant Agreement BG-RRP-2.006-0006-C01
2
Total investors
1
Early stage
0
Mid stage
1
Late stage
2013
Founded
Investor geography2 countries
Bulgaria
1
France
1
Frequently asked questions
Who invested in Transmetrics?
Transmetrics has 2 investors on record on gritt.io, including 1 early-stage backers and 1 late-stage investors.
When did Transmetrics last raise funding?
The most recent investment in Transmetrics recorded on gritt.io was in February 2023.
When was Transmetrics founded?
Transmetrics was founded in 2013.
What industry is Transmetrics in?
Transmetrics operates in Software Development. Find similar Software Development investors on gritt.io.
Where is Transmetrics based?
Transmetrics is headquartered in Sofia, Bulgaria.