About DispatchTrack
DispatchTrack is a company based in Saratoga (United States) founded in 2011.. DispatchTrack has raised $144 million across 1 funding round from investors including Spectrum Equity. DispatchTrack has completed 1 acquisition, including DispatchTrack. DispatchTrack offers products and services including Route Optimization, Real-Time Tracking, Scheduling and Tracking, Performance Insights, and Driver Mobile App. DispatchTrack operates in a competitive market with competitors including Samsara, WiseTech Global, Radius, Lytx and Kale Logistics Solutions, among others.
- Headquarter Saratoga, United States
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Sectors
TechnologyTransportation, Automotive & Logistics
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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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Total Equity Funding
$144 M (USD)
in 1 rounds
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Latest Funding Round
$144 M (USD), Private Equity Round
May 12, 2020
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of DispatchTrack
DispatchTrack offers a comprehensive portfolio of products and services, including Route Optimization, Real-Time Tracking, Scheduling and Tracking, Performance Insights, and Driver Mobile App. 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.
AI tool for efficient delivery route planning and adjustments
System for live updates on delivery status and locations
App for automated customer scheduling and delivery notifications
Platform for data analysis on delivery performance and trends
App for drivers to handle on-site delivery tasks and communications
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Funding Insights of DispatchTrack
DispatchTrack has successfully raised a total of $144M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $144 million completed in May 2020. 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 1
- Last Round Private Equity Round — $144.0M
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First Round
First Round
(12 May 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2020 | Amount | Private Equity Round - DispatchTrack | Valuation | Spectrum Equity |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 DispatchTrack
DispatchTrack has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Spectrum Equity. 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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Growth equity investments and partnerships in finance and related sectors.
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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 DispatchTrack
DispatchTrack has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DispatchTrack. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Delivery management software is supplied for fleet tracking and dispatch.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DispatchTrack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Dispatchtrack Comparisons
Competitors of DispatchTrack
DispatchTrack 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 Samsara, WiseTech Global, Radius, Lytx and Kale Logistics Solutions, 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 |
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| domain | founded_year | HQ Location |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Cloud-based logistics software suite is provided for supply chain management.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Provider of video telematics and fleet management solutions
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| domain | founded_year | HQ Location |
Cloud-based platforms for logistics, ports, and trade facilitation are provided.
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| domain | founded_year | HQ Location |
Provider of integrated solutions for fleet management
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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 Dispatchtrack
Frequently Asked Questions about DispatchTrack
When was DispatchTrack founded?
DispatchTrack was founded in 2011 and raised its 1st funding round 9 years after it was founded.
Where is DispatchTrack located?
DispatchTrack is headquartered in Saratoga, United States. It is registered at Saratoga, California, United States.
Is DispatchTrack a funded company?
DispatchTrack is a funded company, having raised a total of $144M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $144M, raised on May 12, 2020.
What does DispatchTrack do?
Dispatch Track is a fleet management software which provides real time visibility into the delivery operation through real time updates and GPS tracking, with features for route optimization and emails and text messages to customers with delivery schedules and allow them to track their deliveries online, tracking driver habits, maintaining electronic logs for DOT and DispatchTracks Billing Manager which automates the entire billing process and calculates the revenues and settlements for 3PL providers. Also provides warehouse inventory tracking woth features to capture pictures, view audit history and track and generate bar code labels.
Who are the top competitors of DispatchTrack?
DispatchTrack's top competitors include Samsara, WiseTech Global and Kale Logistics Solutions.
What products or services does DispatchTrack offer?
DispatchTrack offers Route Optimization, Real-Time Tracking, Scheduling and Tracking, Performance Insights, and Driver Mobile App.
How many acquisitions has DispatchTrack made?
DispatchTrack has made 1 acquisition, including DispatchTrack.
Who are DispatchTrack's investors?
DispatchTrack has 1 investor. Key investors include Spectrum Equity.
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