GoRamp (UAB Gorampa) offers a cloud-based transportation management platform that enables companies to automate logistics procurement, plan real-time shipments, manage docks and yards, communicate with carriers and track KPIs. The product is positioned to reduce costs tied to warehouse congestion and enable data-driven supply-chain decisions. Founded in 2017, the company serves customers in over 20 countries. GoRamp says it will deploy new funding to accelerate growth in key European markets and to strengthen its foothold in the US. Management highlights low competition in the SME market and a loyal customer base as drivers for rapid expansion. The company raised capital in July 2023 to support that international growth and continued product innovation. GoRamp offers a logistics SaaS platform that helps manufacturing, retail and production companies source, plan and monitor transportation shipments. The company says its platform eliminates 70% of operational work, increases warehouse loading efficiency by 20% and can reduce logistics costs by up to 25%. GoRamp is used by customers including Pfizer, Thermofisher Scientific, Continental, Mondelez and Storenso. The startup operates in 18 countries across Europe, the U.S., Canada and Australia, and its customer count grew 2.5x last year. Management attributes recent demand growth to pandemic-driven increases in transportation volumes and strained warehousing capacity. The new funding will be used to accelerate expansion in Western Europe and the U.S. GoRamp offers a real-time logistics platform that reduces manual, repetitive tasks such as negotiating prices, coordinating truck arrivals, and creating subjective reports. The platform speeds up external and internal communication for transportation shipments, helps warehouses plan workflows to avoid queues, and gives C-level managers KPI visibility for data-driven process improvements. Since launching, GoRamp says it has played an important role in educating the manufacturing industry in the Baltics, where many manufacturers remain reluctant to adopt off-the-shelf logistics systems. The company identifies a key challenge as enabling third-party partners (carriers, suppliers, customers) to input shipment information and feedback directly into ERP systems. GoRamp has been active during the COVID-19 pandemic, helping manufacturers manage shifting logistics challenges, and now plans to grow its customer portfolio in Poland and Western Europe. The startup was founded in 2017 and has received at least €120K earlier this year plus the recent €450K investment. GoRamp offers a real-time transport management platform that connects supply chain members and centralizes information and documentation exchange for manufacturing and retail companies. The company positions its product as a fast-to-deploy centralized transport management system that can be implemented in a few days without upfront investment. GoRamp quantifies its value with a “70-4-20” metric: up to 70 percent of manual tasks automated, up to 4 times faster information exchange across the logistics chain, and up to 20 reduced logistics costs. The startup says the transport management sector is technologically underdeveloped and focuses on market education to convince customers that centralized, traceable logistics need not be costly or time‑intensive. Early customers were acquired directly through the co-founders. The company plans to use new funds to strengthen its position in the Baltic market, expand into Poland, grow the team, and invest in marketing.

Total raised

$5M

Funding rounds

4

Latest round

Seed

Latest activity

Jul 2023