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 company based in Rochester Hills (United States) founded in 1992 was acquired by Valsoft in September 2023.. The company has 19 employees as of April 06, 2024. ICL Systems offers products and services including AutoLoad Planner, Vehicle Logistics (VLMS), Rail Shipment (RSVP), YMS Express, and Network Optimization. ICL Systems operates in a competitive market with competitors including WiseTech Global, Magaya Corporation, Vector AI, Freightwalla and GoComet, among others.

  • Headquarter Rochester Hills, United States
  • Employees 19 as on 06 Apr, 2024
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Icl Systems India Private Limited
  • Date of Incorporation 13 Feb, 2019
  • Jurisdiction Dlf Qe, Haryana, India
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
    $814.73 K (USD)
    -3.23
    as on Mar 31, 2023
  • Net Profit
    $64.33 K (USD)
    11.51
    as on Mar 31, 2023
  • EBITDA
    $84.36 K (USD)
    -23.71
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    19

    as on Apr 06, 2024

  • Acquired by
    Valsoft

    (Sep 22, 2023)

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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. 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.

Primary

Tool for planning and optimizing transportation loads efficiently.

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

Software for centralizing rail data and analytics.

Application for managing daily yard activities effectively.

SaaS tool to design and optimize transportation networks.

People of ICL Systems
Headcount 50-200
Employee Profiles 12
Employee Profiles
People
Josh Delcorvo
Director, Rubicon VLS
People
Renee Stevens
Director, Accounting
People
Ginney Jhamb
CTO
People
Brian Hook
VP, Sales, Marketing & Products

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Funding Insights of ICL Systems

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ICL Systems

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

All
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ICL Systems

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ICL Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Icl Systems Comparisons

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Competitors of ICL Systems

ICL Systems 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 WiseTech Global, Magaya Corporation, Vector AI, Freightwalla and GoComet, 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
Cloud-based logistics software suite is provided for supply chain management.
domain founded_year HQ Location
Cloud-based supply chain and logistics software is offered to businesses.
domain founded_year HQ Location
AI-driven freight forwarding and management are automated for logistics.
domain founded_year HQ Location
Freight forwarding software is offered for enterprise shipment management.
domain founded_year HQ Location
AI-powered multimodal logistics platform for end-to-end supply chain digitization
domain founded_year HQ Location
Cloud based platform providing freight forwarding solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Icl Systems

Frequently Asked Questions about ICL Systems

When was ICL Systems founded?

ICL Systems was founded in 1992.

Where is ICL Systems located?

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

How many employees does ICL Systems have?

As of Apr 06, 2024, the latest employee count at ICL Systems is 19.

What is the annual revenue of ICL Systems?

Annual revenue of ICL Systems is $814.73K as on Mar 31, 2023.

What does ICL Systems do?

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.

Who are the top competitors of ICL Systems?

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

What products or services does ICL Systems offer?

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

Who are ICL Systems's investors?

ICL Systems has 1 investor. Key investors include Valsoft.

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