Route42 builds a transport intelligence platform that aggregates logistics data (planning, existing FMS, charters) and enriches it with other inputs like weather to identify operational and cost-saving opportunities. Its solutions include FleetBot, which coaches drivers and is reported to save companies around €1K per means of transport. The company says it has doubled its customer base every year since the product launch four years ago, and today one in ten Dutch trucks use its solutions. Route42 was founded in 2015 and positions itself to tackle low margins in the transport sector by reducing fuel waste, damage, and operational inefficiency. It announced a €700K raise and plans to use the funds to accelerate platform development, strengthen the development team, and increase client integrations. The startup aims to establish an international sales organisation and roll out its platform across Europe to become a leading data intelligence platform for transport.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2020