ICL Systems

Rochester Hills, United States Founded: 1992 • Age: 34 yrs Acquired By Valsoft
SaaS-based freight forwarding solutions are provided by ICL Systems.

About ICL Systems

ICL Systems is a Transportation, Automotive & Logistics company based in Rochester Hills (United States) founded in 1992, and was acquired by Valsoft in September 2023. SaaS-based freight forwarding solutions are provided by ICL Systems. The company has 19 employees. Its Indian entity Icl Systems India Private Limited reported revenue of β‚Ή2.25 Cr. ICL Systems offers products and services including AutoLoad Planner, Vehicle Logistics (VLMS), Rail Shipment (RSVP), YMS Express, and Network Optimization. Its focus areas include Consumer, Logistics Tech, Freight and Multimodal. Its competitors include WiseTech Global, Magaya Corporation and RXO; 1 of its 3 listed competitors has raised funding.

Company details

ICL Systems was founded in 1992 and is headquartered in Rochester Hills, United States. Operations focus on the logistics sector, where SaaS-based platforms for freight forwarding are developed and delivered. Services include software tools that streamline shipping processes, documentation, and compliance for global supply chains. The company serves clients through its domain, iclsystems.com, supporting efficient freight management across international borders.

Key Metrics
  • Indian entity revenue
    ₹2.25 Cr

    FY 2024 · -67% YoY

  • Indian entity net loss
    -₹19.7 Lakh

    FY 2024 · -9% margin

  • Indian entity EBITDA
    -₹5.2 Lakh

    FY 2024 · -2% margin

  • Investors
  • Employee Count
    19
  • Acquired by
    Valsoft

    (Sep 2023)

Products & Services of ICL Systems

ICL Systems offers a comprehensive portfolio of products and services, including AutoLoad Planner, Vehicle Logistics (VLMS), Rail Shipment (RSVP), YMS Express, and Network Optimization.

AutoLoad Planner
Fleet Management

Tool for planning and optimizing transportation loads efficiently.

Vehicle Logistics (VLMS)
Supply Chain Visibility

SaaS platform for end-to-end tracking of finished vehicles.

Rail Shipment (RSVP)
Rail Management

Software for centralizing rail data and analytics.

YMS Express
Yard Operations

Application for managing daily yard activities effectively.

Network Optimization
Logistics Planning

SaaS tool to design and optimize transportation networks.

Investors in ICL Systems

ICL Systems has secured backing from 1 investor. Prominent investors backing the company include Valsoft.

All
InvestorDescriptionFounded YearDomainLocation
valsoftcorp.com
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Investor details for ICL Systems

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Board of directors of Icl Systems India Private Limited (ICL Systems)

Icl Systems India Private Limited is the primary company behind ICL Systems. The board of Icl Systems India Private Limited currently have 4 directors; the longest-serving is Brian Christopher Hook, appointed in 2019. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Brian Christopher Hook
DIN 08361563
Director13 Feb 20197 yrs 8 moIcl Systems India Private Limited
Shalu Kedia
DIN 10167433
Director19 May 20233 yrs 5 moIcl Systems India Private Limited
Vinod Arora
DIN 10910214
Additional Director17 Jan 20251 yr 9 moIcl Systems India Private Limited
Amit Jain
DIN 06841824
IRP/RP/Liquidator30 Apr 20251 yr 6 moIcl Systems India Private Limited

People of ICL Systems

12 people are tracked at ICL Systems (8 in leadership, 4 in team); the tracked headcount is 19.

NameRoleGroup
Josh Delcorvo
Director, Rubicon VLSLeadership
Renee Stevens
Director, AccountingLeadership
Ginney Jhamb
CTOLeadership
VP, Sales, Marketing & ProductsLeadership
Gina Tovar
Managing Director, EuropeLeadership
Patrick Donahoe
Founder & CEOLeadership
Frank Agrusa
Director, Customer SuccessLeadership
Nicole Briones
Business Support DirectorLeadership
Luis Almanza
Business AnalystTeam
Chiranjeev Krishna
AnalystTeam
Gaurav Maheshwari
Senior System AnalystTeam
Meri Nociti
Business Analyst IIITeam
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Financials of ICL Systems

Figures of Icl Systems India Private Limited, the primary company behind ICL Systems, for FY 2024. Revenue was ₹2.25 Cr (-67% year on year). Net loss was -₹19.7 Lakh (-9% margin). EBITDA was -₹5.2 Lakh (-2% margin). Revenue has grown at a compounded annual rate of -28% over three years.

  • ₹2.25 CrRevenue · FY 2024 · -67% YoY
  • -₹19.7 LakhNet loss · -9% margin
  • -₹5.2 LakhEBITDA · -2% margin
  • ₹1 LakhPaid-up capital
  • 19Employees (provident fund records)
  • -28%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Icl Systems India Private Limited are on its company page.

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Detailed financial statements for ICL Systems

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Timeline of ICL Systems

2 dated milestones of ICL Systems across 31 years, from founding to its latest funding, stage changes and deals.

  1. Founded ICL Systems is founded.
  2. Exit Acquired by Valsoft.

Competitors of ICL Systems

ICL Systems has 3 listed competitors in our database, 1 of them funded. They include WiseTech Global, Magaya Corporation and RXO.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wisetechglobal.com1994Schaumburg, United States$35M610
Cloud-based logistics software suite is provided for supply chain management.
magaya.com2001Miami, United States129
Cloud-based supply chain and logistics software is offered to businesses.
rxo.com1998San Francisco, United States7,462
Cloud based platform providing freight forwarding solutions
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Detailed competitors of ICL Systems

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Web traffic of ICL Systems

The website of ICL Systems (iclsystems.com) receives about 1.7K visits a month.

  • Monthly visits
    1.7K

    ▲ 79.2% vs previous month

Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as ICL Systems (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.5 BUSD 10.72 B80,579
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based logistics software suite is provided for supply chain management.
1994Schaumburg, Illinois, United StatesUSD 35 MUSD 1.42 B3,600
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Frequently Asked Questions about ICL Systems

ICL Systems was founded in 1992.

ICL Systems is headquartered in Rochester Hills, United States. It is registered at Rochester Hills, Michigan, United States.

ICL Systems has 19 employees.

The primary company behind ICL Systems, Icl Systems India Private Limited, reported revenue of β‚Ή2.25 Cr for FY 2024, down 67% year on year.

ICL Systems was founded in 1992 and is headquartered in Rochester Hills, United States. Operations focus on the logistics sector, where SaaS-based platforms for freight forwarding are developed and delivered. Services include software tools that streamline shipping processes, documentation, and compliance for global supply chains. The company serves clients through its domain, iclsystems.com, supporting efficient freight management across international borders.

ICL Systems's top competitors include WiseTech Global, Magaya Corporation and RXO.

ICL Systems offers AutoLoad Planner, Vehicle Logistics (VLMS), Rail Shipment (RSVP), YMS Express, and Network Optimization.

ICL Systems has 1 investor. Key investors include Valsoft.

ICL Systems operates through Icl Systems India Private Limited.

Yes. ICL Systems was acquired by Valsoft in September 2023.

The legal entities of ICL Systems currently have 4 directors, including Brian Christopher Hook, Amit Jain, Shalu Kedia and others.

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