About CTS Express
CTS Express is a company based in Tarnby (Denmark) founded in 2012 was acquired by Jetpak Group in December 2021.. CTS Express operates in a competitive market with competitors including sennder, TruKKer, Buyandship, Jungheinrich and Stellar Value Chain, among others.
- Headquarter Tarnby, Denmark
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Jetpak Group
(Dec 28, 2021)
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Funding Insights of CTS Express
| 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 CTS Express
CTS Express has secured backing from 1 investor. Prominent investors backing the company include Jetpak Group. 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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Air and road transportation and logistic services are provided.
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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 CTS Express
| 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 - CTS Express
| 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 |
Cts Express Comparisons
Competitors of CTS Express
CTS Express 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 sennder, TruKKer, Buyandship, Jungheinrich and Stellar Value Chain, 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 |
Tech-enabled platform matches shippers and carriers for trucking loads.
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| domain | founded_year | HQ Location |
Trucking services are booked via an online marketplace platform.
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| domain | founded_year | HQ Location |
Ship-based transportation and delivery services are provided globally.
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| domain | founded_year | HQ Location |
Industrial equipment such as forklifts and automated vehicles is manufactured.
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| domain | founded_year | HQ Location |
Provider of warehousing, cold & supply chain management, and LTL transportation services
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| domain | founded_year | HQ Location |
Logistics and transportation services are provided by ModivCare.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about CTS Express
When was CTS Express founded?
CTS Express was founded in 2012.
Where is CTS Express located?
CTS Express is headquartered in Tarnby, Denmark.
Who is the current CEO of CTS Express?
Kenneth Marx is the current CEO of CTS Express.
What does CTS Express do?
CTS Express was established in 2012 in Tarnby, Denmark, as a provider of road freight transportation services. Operations are centered on logistics and delivery solutions within the transportation sector. Services encompass standard and specialized freight handling for businesses. The company is headquartered in Denmark and serves regional routes, with oversight by CEO Kenneth Marx. Focus remains on reliable road-based transport infrastructure.
Who are the top competitors of CTS Express?
CTS Express's top competitors include sennder, Jungheinrich and Nuvocargo.
Who are CTS Express's investors?
CTS Express has 1 investor. Key investors include Jetpak Group.