Transmetrics is a rapidly growing startup that is dramatically changing the cargo transport industry worldwide by predicting and optimizing capacity utilization. This is a huge industry - more than €2 trillion globally. At the same time, it is extremely inefficient - average capacity utilization is only 57%, and 1 in 4 trucks you see on the road is traveling empty!
To solve this problem, Transmetrics developed a Big Data predictive analytics SaaS that is designed specifically for cargo transport industry. We use statistical algorithms, data mining, and machine learning techniques to create accurate shipping demand forecasts and to suggest the most optimal transport plan. Being the first company in the world to focus on predictive optimization for cargo industry, Transmetrics is already working with the leading logistics companies worldwide.
The Transmetrics founders and team have extensive domain knowledge in the cargo industry as well as deep technical expertise in building massive data processing and predictive analytics solutions. We have solid backing by both venture capital and high-profile angel investors from the industry.