Transmetrics is one of the most promising Bulgarian startups, which brings Big Data and predictive analytics to cargo transport industry in order to improve capacity utilization.
At Transmetrics we are dedicated to changing cargo transport industry by making it more efficient and environmentally friendly. The 2 trillion EUR global cargo transport industry spends over half of its resources to transport air. We offer a Big Data predictive analytics solution that allows cargo transport companies to accurately predict future shipping volumes weeks ahead, helping them to eliminate empty space before it occurs and optimize their networks accordingly. This enables transport companies to improve their capacity utilization, achieve significant savings and reduce their environmental impact.
To develop its product, Transmetrics successfully completed 3 pilot projects with logistics companies, including the #1 transport company in the world. In 2015, Transmetrics signed the contract with its first official customer - a DPD-network partner and since then the team is working with several world-known clients.
Transmetrics has grown to 20 highly skilled employees working full- and part-time.In addition, our Board of Directors and Advisory Board consists of the current and former professionals from the logistics companies, such as DHL, TNT Aviation, a.hartrodt, Hellmann Worldwide Logistics, who are helping us every step of the way. Up until now, Transmetrics has raised over EUR 1 million from LAUNCHub and several business angels.
For our solution, Transmetrics has been internationally recognized with various awards, including Forbes Business Awards, Startup of the Year by BAIT, Berlin Startup Activation by EIT ICT Labs (winner), Pioneers Festival (Top-8 out of 850 startups) and others.