Simplified Logistics, LLC
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Simplified Logistics, LLC - overview
Established
2003
Location
Westlake, OH, US
Primary Industry
Logistics & Distribution
About
Simplified Logistics, LLC specializes in providing secure user authentication and credential management services through a user-friendly digital platform, catering to various sectors including finance, healthcare, and technology. Simplified Logistics, LLC offers user authentication solutions aimed at enhancing data privacy and security. Founded in 2003, the company is headquartered in Westlake, US. In January 2018, it merged with Redwood Logistics, LLC, under the management of CEO Mark Yeager.
The founders, Andrew Friedman and Mike Finn, previously established other ventures which contributed to their experience in this sector. The company's primary offerings revolve around a user-centric digital platform that facilitates secure user authentication and credential management. The core product allows users to register for a unique Login ID, enhancing their ability to access various services while ensuring data privacy and security. This platform is designed to streamline the login process for end-users, addressing common pain points associated with forgotten credentials and unauthorized access.
The service targets a diverse client base, including businesses in sectors such as finance, healthcare, and technology, who require robust security measures for their users. Geographic markets for these offerings extend to North America, Europe, and parts of Asia, catering to both B2B and B2C segments. This comprehensive approach to user authentication aligns with the growing demand for secure digital solutions across various industries. The company's revenue structure is primarily based on subscription-based models, focusing on partnerships with various organizations that require authentication services for their platforms.
Clients typically engage in a contractual agreement that specifies the terms of service, including the provision of Login IDs and ongoing credential management support. This transactional framework not only ensures a steady revenue stream but also fosters long-term relationships with businesses that prioritize security. Flagship services included in these agreements encompass advanced user authentication and identity verification tools, essential for maintaining client trust and satisfaction. As businesses increasingly recognize the importance of cybersecurity, the demand for these services is anticipated to drive consistent revenue growth.
Following the merger in January 2018 with Redwood Logistics, Simplified Logistics, LLC aims to enhance its product offerings and expand its reach. Future initiatives include the design and launch of new security solutions tailored for emerging markets, particularly in Asia by 2024. The company intends to utilize resources from the merger to bolster its development team, focusing on innovative authentication technologies that address future security challenges.
Primary Industry
Logistics & Distribution
Sub Industries
Freight Transportation Services
Website
www.simplifiedlogistics.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Simplified Logistics, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Strive Logistics, LLC | - | ||||||||
| Merger | Completed | Simplified Logistics, LLC | - | ||||||||
| Buyout | Completed | Simplified Logistics, LLC | - |
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Simplified Logistics, LLC - employee data


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