Terminal 49, Inc.
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Terminal 49, Inc. - overview
Established
2015
Location
Walnut, CA, US
Primary Industry
Software
About
Terminal 49, Inc. is a logistics technology company that provides automated container tracking and real-time shipping visibility solutions to enhance the efficiency of supply chain operations. Founded in 2015 in Walnut, California, Terminal 49 specializes in container tracking solutions. The company, led by CEO Akshay Dodeja, has raised a total of USD 8.
00 mn in funding through its Series A round, attracting investments from Afore Capital, BoxGroup, Grand Ventures, Initialized Capital, Liquid 2 Ventures, and Stage 2 Capital. The firm has completed 3 deals since its inception and currently holds a valuation of USD 24. 339 mn. Terminal49 specializes in providing automated container tracking and real-time shipping visibility solutions designed to streamline logistics operations for various stakeholders within the supply chain.
Their core product is a comprehensive platform that integrates standardized data from over 150 trusted sources, including ocean carriers and rail carriers, to deliver real-time updates on container statuses throughout their journey. This platform is utilized by logistics teams, freight forwarders, cargo owners, and drayage providers, allowing them to access critical information such as estimated time of arrivals (ETAs), last free days (LFDs), and alerts for container pickups. Terminal49's solutions are primarily deployed across North America, but they also offer global tracking capabilities, ensuring clients have visibility into their shipments regardless of their geographical location. The platform enhances operational efficiency by eliminating manual tracking processes and reducing potential delays, thereby improving customer satisfaction.
Terminal49 generates revenue through a subscription-based model, offering scalable pricing plans that cater to different client needs within the logistics and shipping sectors. The company provides tiered access to its suite of services, which includes the real-time dashboard, API integrations, and reporting capabilities, ensuring that clients can select a level of service that aligns with their operational requirements. Clients typically include logistics technology providers, freight forwarders, and cargo owners who rely on precise tracking and timely updates to manage their shipping processes effectively. The firm’s revenue structure is reinforced by partnerships with various stakeholders in the logistics ecosystem, facilitating direct transactions for services that enhance visibility and reduce operational risks.
Each subscription is designed to provide comprehensive access to the Terminal49 platform, ensuring clients have the tools necessary to optimize their supply chain management. Terminal49 has plans to enhance its product offerings with new features designed to improve user experience and operational efficiency, with anticipated releases scheduled for early 2024. The firm aims to expand its services into international markets, specifically targeting Europe and Asia by mid-2025. The recent funding of USD 8.
00 mn from the Series A round will support these initiatives, allowing Terminal49 to invest in technology development and market expansion.
Current Investors
Initialized Capital, BoxGroup, Liquid 2 Ventures
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Logistics Software, Systems Management Software
Website
www.terminal49.com
Verticals
Cloud Computing
Company Stage
Series A
Total Amount Raised
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