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Transmetrics

The AI engine Fit Assessment

Beta

The company effectively utilizes AI technology and focuses on optimizing logistics processes.

Blurb

Transmetrics optimizes logistics planning and asset management by leveraging the power of predictive analytics and artificial intelligence.

HQ Location

Sofia (Bulgaria)

Founded

2013

Employees

11 - 50

Total funding raised

$9.99M

Funding Status

Non-Equity Assistance, March 28, 2024

As a state-of-the-art AI platform developed exclusively for the Supply Chain, Transmetrics optimizes transport planning by leveraging the power of predictive analytics and machine learning. Transmetrics combines the strengths of humans with those of AI, ensuring the highest operational benefits, and reducing the environmental impact of logistics.



Transmetrics has developed a unique approach for analyzing, modeling, and predicting transport flows with very high accuracy. Our unrivaled technology requires a rare combination of knowledge in multiple disciplines, something unique to Transmetrics. Our advantage comes from having strong experience in both the technical (Big Data and Predictive Analytics) and domain (Transport and Logistics) areas. Our products have brought significant benefits to top-tier logistics companies worldwide that have experienced an up to 10% reduction in transport costs while increasing their fleet utilization by up to 14%, reducing the fleet size by 12%, and maintaining high service levels.



The project has received funding from Bulgaria's Recovery and Resilience Plan, a part of European Union’s NextGenerationEU instrument under Grant Agreement BG-RRP-2.006-0006-C01