About Baton
Baton is a company based in San Francisco (United States) founded in 2019 was acquired by Ryder in August 2022. It operates as a AI-as-a-Service. Baton has raised $13.8 million across 2 funding rounds from investors including Ryder, Prologis and 8VC. Baton offers products and services including Digital Platform. Baton operates in a competitive market with competitors including Tarot Analytics, OptiWays, Dimaps and I Bring It, among others.
- Headquarter San Francisco, United States
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Products & Services of Baton
Baton offers a comprehensive portfolio of products and services, including Digital Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform is built to optimize freight networks.
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Funding Insights of Baton
Baton has successfully raised a total of $13.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.5 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $10.5M
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First Round
First Round
(01 Nov 2019)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series A - Baton | Valuation | 8VC , Maersk Growth | |
| Nov, 2019 | Amount | Seed - Baton | Valuation | 8VC |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Baton
Baton has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ryder, Prologis and 8VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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VC fund focused on early stage trade & logistics sectors
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Founded Year | Domain | Location | |
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Early-stage investments are provided to transformative technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Baton
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Baton
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Baton Comparisons
Competitors of Baton
Baton operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tarot Analytics, OptiWays, Dimaps and I Bring It, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Web-based route planning and optimization solutions for fleets are provided.
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| domain | founded_year | HQ Location |
AI-enabled route optimization for multi-stop logistics is provided.
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| domain | founded_year | HQ Location |
Cloud-based route optimization solutions are provided for delivery businesses.
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| domain | founded_year | HQ Location |
Provides route optimization for deliveries up to 200 stops via mobile and PC apps.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Baton
Frequently Asked Questions about Baton
When was Baton founded?
Baton was founded in 2019.
Where is Baton located?
Baton is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Baton a funded company?
Baton is a funded company, having raised a total of $13.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.3M, raised on Nov 01, 2019.
What does Baton do?
A digital platform is being built by Baton to eliminate waste in the trucking industry. Focus is placed on leveraging optimization and AI to enhance freight networks. Efforts are made to reduce carbon emissions through efficient planning. The supply chain industry is targeted for transformation with innovative solutions.
Who are the top competitors of Baton?
Baton's top competitors include Dimaps, OptiWays and Tarot Analytics.
What products or services does Baton offer?
Baton offers Digital Platform.
Who are Baton's investors?
Baton has 14 investors. Key investors include Ryder, Prologis, 8VC, Maersk Growth, and Lineage.
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