Transflo
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Transflo - overview
Established
1991
Location
Tampa, FL, US
Primary Industry
Software
About
Transflo is a US-based company specializing in logistics management software, enhancing operational efficiency across the transportation supply chain with a focus on mobile solutions and real-time insights. Founded in 1991 in Tampa, US, Transflo develops software solutions for the logistics industry. The company has undergone strategic pivots to focus on mobile and telematics technology to improve logistics workflows. Frank Adelman and Renee Krug serve as co-CEOs.
Transflo has engaged in 4 different funding deals, with the most recent deal occurring on December 14, 2021. Transflo offers an interconnected suite of logistics management software solutions designed to enhance efficiency across various segments of the transportation supply chain. Their core products include Transflo Mobile+, a mobile application that allows drivers to manage their journeys seamlessly, and a comprehensive telematics platform that provides fleet operators with real-time tracking and visibility into vehicle performance and compliance. Additionally, Transflo provides Workflow AI, which automates back-office operations, significantly reducing paperwork and enhancing productivity.
The company's product suite serves a diverse clientele, including carriers, brokers, factors, and shippers, focusing primarily on the North American market. By integrating with existing systems, Transflo's solutions target key pain points like inefficient communication, slow invoicing processes, and compliance management, making them essential for organizations looking to streamline their freight operations. Transflo generates revenue primarily through subscription-based models for its software solutions. Customers, including logistics companies and fleet operators, pay for access to products like Transflo Mobile+ and its telematics systems, which enable efficient tracking and management of logistics processes.
The company's flagship offerings cater to various user needs, from drivers needing a central app for journey management to fleet managers requiring comprehensive visibility over their operations. Revenue is also likely derived from partnerships with other service providers in the logistics ecosystem, facilitating seamless integration and enhanced functionality across the supply chain. The structure of these transactions typically reflects B2B relationships, emphasizing long-term contracts and recurring fees, which are standard within the logistics software industry. Transflo is set to utilize the investment from Bregal Sagemount and True Wind Capital, received on December 14, 2021, to accelerate its growth goals, enhance product development, and expand its acquisition strategy.
The company plans to introduce new products designed to further streamline logistics operations, although specific release dates are not disclosed. Additionally, there are intentions to expand into new geographic markets, specifically targeting opportunities in regions with growing transportation needs over the next few years.
Current Investors
Carousel Capital, Gary Comer Inc
Primary Industry
Software
Sub Industries
Logistics & Distribution, Analytics & Performance Software, Logistics Software
Website
www.transflo.com/
Verticals
Artificial Intelligence, Cloud Computing, Mobile Apps
Total Amount Raised
Subscriber access only
Transflo - 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, Corporate Carve Out | Completed | RMJ Technologies, Inc.'s Telematics Assets | - | ||||||||
| Add-on | Completed | Assured Telematics Inc. | - | ||||||||
| Secondary Buyout | Completed | Transflo | - | ||||||||
| Add-on | Completed | Microdea Inc. | - | ||||||||
| Secondary Buyout | Completed | Transflo | - |
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