Grip offers a "smart logistics engine" that sits on top of customers' existing order management systems and manages perishable shipments using real-time network conditions such as weather, carrier on-time delivery and box performance. Unlike flat shipping logic, Grip adjusts shipping recommendations dynamically to hold orders proactively, notify customers of potential delays and identify improvement areas. Customers are onboarded and can begin shipping in a matter of hours; Grip charges monthly SaaS fees based on company size and integration complexity. In a short period the company has processed hundreds of thousands of orders and customers have seen a 25% reduction in failure rates and a 30% reduction in shipping costs. The company currently has six employees and plans to use funding to develop technology, expand fast innovation cycles, add features and improve user experience to reduce waste and improve customer experience.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2022