About ODYN
ODYN is a company based in Somerville (United States) founded in 2016 by Konstantin Klitenik and John Sweeney was acquired by Turvo in July 2019.. ODYN has raised $1.32 million across 1 funding round from investors including Turvo. ODYN operates in a competitive market with competitors including FourKites, TrusTrace, Blume Global, Shippeo and Tive, among others.
- Headquarter Somerville, United States
- Founders Konstantin Klitenik, John Sweeney
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Sectors
Transportation, Automotive & LogisticsTechnology
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Phone
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Website
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Social
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Funding Insights of ODYN
ODYN has successfully raised a total of $1.32M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.32 million completed in November 2017. 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 Seed — $1.3M
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First Round
First Round
(06 Nov 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2017 | Amount | Seed - ODYN | Valuation |
investors |
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| 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 ODYN
ODYN has secured backing from 1 investor. Prominent investors backing the company include Turvo. 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 and AI-based platform for collaborative logistics is 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 ODYN
| 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 - ODYN
| 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 |
Odyn Comparisons
Competitors of ODYN
ODYN 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 FourKites, TrusTrace, Blume Global, Shippeo and Tive, 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 |
AI and web-based visibility solutions for supply chains are developed.
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| domain | founded_year | HQ Location |
Blockchain-based traceability and sustainability solutions for the fashion industry
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| domain | founded_year | HQ Location |
Cloud-based supply chain visibility solutions are provided for logistics stakeholders.
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| domain | founded_year | HQ Location |
SaaS-based road freight transportation management platform for carriers and shippers
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| domain | founded_year | HQ Location |
Provider of cloud-based cargo tracking solutions
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| domain | founded_year | HQ Location |
AI-enabled solutions for shipment monitoring and tracking are provided.
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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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Frequently Asked Questions about ODYN
When was ODYN founded?
ODYN was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is ODYN located?
ODYN is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.
Who is the current CEO of ODYN?
Marc Held is the current CEO of ODYN.
Is ODYN a funded company?
ODYN is a funded company, having raised a total of $1.32M across 1 funding round to date. The company's 1st funding round was a Seed of $1.32M, raised on Nov 06, 2017.
What does ODYN do?
Armada has developed an AI web-enabled connected solution to track and monitor shipments in a supply chain. The solution consists of a connected tile that is put in the shipment to be tracked and a dashboard to view real-time updates and insights, the tile connects to local wifi networks to relay location information, condition, weather, humidity, shock vibrations, etc. The solution claims to use deep learning to assess the impact of these factors on shipment delivery. The price of the solution varies as per the number of shipments to be monitoredmonth. The company has partnered with iPass, a global mobile connectivity provider to utilize their network for transmitting data.
Who are the top competitors of ODYN?
Who are ODYN's investors?
ODYN has 1 investor. Key investors include Turvo.
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