
Channel19
Personalized digital freight aggregation platform helping to make life easier for freight trucking industry.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
* | $2.7m | Seed | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Channel19.io is a technology startup that operates in the logistics and transportation industry. The company offers a software solution that uses artificial intelligence (AI) to analyze transportation management system (TMS) and electronic logging device (ELD) data in real time. This allows Channel19 to predict and notify carriers of potential delivery issues while they are still in progress, enabling them to take proactive measures to avoid delays and penalties.
The company's software is designed to integrate seamlessly with existing systems, allowing for quick implementation and immediate visibility into fleet performance. This means that clients can start benefiting from the software's capabilities in as little as one day.
Channel19's primary clients are carriers in the logistics and transportation industry. These clients use the software to monitor their loads and improve their on-time delivery (OTD) scores. This not only helps them avoid penalties associated with late deliveries, but also leads to happier dispatchers, drivers, and customers.
The company's business model is likely based on a software-as-a-service (SaaS) model, where clients pay a subscription fee to use the software. This model provides a steady stream of recurring revenue for the company.
In summary, Channel19.io is a logistics and transportation software company that uses AI to help carriers improve their OTD scores, avoid penalties, and increase customer satisfaction.
Keywords: Logistics, Transportation, Software, AI, TMS, ELD, On-Time Delivery, SaaS, Fleet Performance, Customer Satisfaction.