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Optiyol

The AI engine Fit Assessment

Beta

Optiyol utilizes AI technology in its self-learning optimization engine and focuses on logistics optimization through its route optimization software.

Blurb

Optiyol helps freight and passenger transportation fleets for smarter route schedules that reduce costs and improve on-time performance.

HQ Location

San Francisco (United States)

Founded

2014

Employees

11 - 50

Total funding raised

$1.52M

Funding Status

Seed, $218.53K, March 12, 2024
Subspaces
  • Route Optimization

Optiyol is a logistics technology firm founded by a team of operations researchers to tackle real-life planning challenges. Optiyol’s route optimization software reduces transportation costs and improves visibility for logistics, e-commerce, CPG, F&B, manufacturing and retail companies in their last-mile, long-haul and middle-mile operations. Compared to traditional methods, Optiyol reduces fuel costs by 15-25% and fleet size by 5-10%, while also improving on-time delivery rates by 20-30%. Optiyol solutions are used to optimize and track over 300 distribution operations in different geographies with unique challenges. Institutional VCs like Ford-Otosan's Driventure, EIT Urban Mobility (Co-Founded by European Union), Fark Labs and Turk Telekom have backed Optiyol.