About RailState
RailState is a company based in Quincy (United States) founded in 2019 by John Schmitter.. RailState has raised $4 million across 1 funding round. RailState offers products and services including Rail Network Intelligence Platform, Commodity Data Service, and Predictive Analytics Tools. RailState operates in a competitive market with competitors including Everysens, Telegraph, Parker Lane Group, PREDITIC and Transit Insight, among others.
- Headquarter Quincy, United States
- Founders John Schmitter
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Railstate Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
May 07, 2024
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Investors
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Employee Count
Employee Count
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Products & Services of RailState
RailState offers a comprehensive portfolio of products and services, including Rail Network Intelligence Platform, Commodity Data Service, and Predictive Analytics Tools. 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.
Offers real-time rail data for improved network visibility and planning.
Tracks shipments and disruptions on rail networks for traders.
Uses machine learning to forecast rail trends and bottlenecks.
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Funding Insights of RailState
RailState has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in May 2024. 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 Series A — $4.0M
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First Round
First Round
(07 May 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series A - RailState | 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 |
Investments & Acquisitions by RailState
| 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 - RailState
| 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 |
Railstate Comparisons
Competitors of RailState
RailState 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 Everysens, Telegraph, Parker Lane Group, PREDITIC and Transit Insight, 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.
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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 Railstate
Frequently Asked Questions about RailState
When was RailState founded?
RailState was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is RailState located?
RailState is headquartered in Quincy, United States.
Is RailState a funded company?
RailState is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on May 07, 2024.
What does RailState do?
RailState was founded in 2019 and is based in Quincy, United States. The platform is focused on the rail freight sector, where AI is utilized to offer visibility into industry operations. Predictive analytics are provided alongside real-time data on rail network conditions, including train volume, mix, priority on segments, commodity flows, train direction, and speed. These services support tracking and reporting for freight stakeholders.
Who are the top competitors of RailState?
RailState's top competitors include Everysens, Telegraph and Axiom Rail.
What products or services does RailState offer?
RailState offers Rail Network Intelligence Platform, Commodity Data Service, and Predictive Analytics Tools.