About GroundCloud
GroundCloud is a company based in Minneapolis (United States) founded in 2016 was acquired by Descartes in February 2023.. GroundCloud offers products and services including GroundCloud CSP, VEDR, Safety Training, Route Optimization, and Fleet Tracking. GroundCloud operates in a competitive market with competitors including Idelic, XRS Corporation, TruTac, SambaSafety and ChartCo, among others.
- Headquarter Minneapolis, 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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- Legal Name The Descartes Systems Group Inc
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Products & Services of GroundCloud
GroundCloud offers a comprehensive portfolio of products and services, including GroundCloud CSP, VEDR, Safety Training, Route Optimization, and Fleet Tracking. 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.
Automates safety and operations for FedEx contractors
Provides video event data for driver coaching and compliance
Delivers automated quizzes and videos for driver safety
Optimizes delivery routes to increase efficiency
Tracks vehicles in real-time for better operations
Funding Insights of GroundCloud
| 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 GroundCloud
GroundCloud has secured backing from 1 investor. Prominent investors backing the company include Descartes. 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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Cloud-based solutions for transportation and supply chain management are offered.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by GroundCloud
| 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 - GroundCloud
| 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 |
Groundcloud Comparisons
Competitors of GroundCloud
GroundCloud 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 Idelic, XRS Corporation, TruTac, SambaSafety and ChartCo, 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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Offers AI & SaaS-based fleet management software
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Fleet management solutions are delivered via telematics for regulatory compliance.
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Tachograph analysis and compliance software is delivered for logistics fleets.
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Driver risk management solutions and motor vehicle records are provided.
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Digital navigation and maritime compliance services are offered.
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Web-based solutions for trucking compliance management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Groundcloud
Frequently Asked Questions about GroundCloud
When was GroundCloud founded?
GroundCloud was founded in 2016.
Where is GroundCloud located?
GroundCloud is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
What does GroundCloud do?
GroundCloud was founded in 2016 and is headquartered in Minneapolis, United States. Compliance management solutions are provided through a cloud platform tailored for logistics contractors. Operations focus on streamlining regulatory adherence, documentation, and reporting processes within the logistics sector. Services encompass tools for tracking certifications, audits, and safety standards, supporting contractors in meeting industry requirements across various geographic regions.
Who are the top competitors of GroundCloud?
GroundCloud's top competitors include Idelic, LogRock and SambaSafety.
What products or services does GroundCloud offer?
GroundCloud offers GroundCloud CSP, VEDR, Safety Training, Route Optimization, and Fleet Tracking.
Who are GroundCloud's investors?
GroundCloud has 1 investor. Key investors include Descartes.