About SemiCab
SemiCab is a company based in Atlanta (United States) founded in 2018 by Jagan Reddy and Ajesh Kapoor was acquired by Singing Machine in June 2024. SemiCab has raised $2.25 million across 2 funding rounds from investors including Sonata Software and Singing Machine. The company has 21 employees as of April 10, 2024. SemiCab offers products and services including Collaborative Transportation Platform. SemiCab operates in a competitive market with competitors including Algorhythm Holdings, Curbhub, e-FAST India, Comecari and T-CARGO, among others.
- Headquarter Atlanta, United States
- Employees 21 as on 10 Apr, 2024
- Founders Jagan Reddy, Ajesh Kapoor
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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 Smcb Solutions Private Limited
- Date of Incorporation 27 Dec, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$679.35 K (USD)85.88as on Mar 31, 2023
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Net Profit
$31.87 K (USD)-10.24as on Mar 31, 2023
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EBITDA
$45.97 K (USD)-11.73as on Mar 31, 2023
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Total Equity Funding
$2.25 M (USD)
in 2 rounds
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Latest Funding Round
$850 K (USD), Seed
Jan 13, 2021
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Investors
Sonata Software
& 1 more
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Employee Count
21
as on Apr 10, 2024
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Acquired by
Singing Machine
(Jun 12, 2024)
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Products & Services of SemiCab
SemiCab offers a comprehensive portfolio of products and services, including Collaborative Transportation Platform.
Optimizes freight operations by connecting shippers and carriers efficiently.
Funding Insights of SemiCab
SemiCab has successfully raised a total of $2.25M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $850 thousand completed in January 2021. 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 2
- Last Round Seed — $850,000
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First Round
First Round
(25 Feb 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Seed - SemiCab | Valuation |
investors |
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| Feb, 2020 | Amount | Seed - SemiCab | Valuation | Sonata |
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Investors in SemiCab
SemiCab has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Sonata Software and Singing Machine.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IT consulting and software development services are provided globally.
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Founded Year | Domain | Location | |
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Home karaoke systems and accessories are manufactured and distributed.
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Founded Year | Domain | Location |
Investments & Acquisitions by SemiCab
Financial Statements - SemiCab
Semicab Comparisons
Competitors of SemiCab
SemiCab 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 Algorhythm Holdings, Curbhub, e-FAST India, Comecari and T-CARGO, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered platform is used for collaborative logistics and freight streamlining.
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| domain | founded_year | HQ Location |
Provider of web-based collaborative transportation management solutions
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| domain | founded_year | HQ Location |
Facilitates collaboration between stakeholders for freight electrification and sustainable transport in India.
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| domain | founded_year | HQ Location |
Operates a freight exchange platform connecting shippers and carriers for efficient logistics solutions.
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| domain | founded_year | HQ Location |
Provides a web-based collaborative platform for logistics solutions.
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Latest news on Semicab
Frequently Asked Questions about SemiCab
SemiCab was founded in 2018 and raised its 1st funding round 2 years after it was founded.
SemiCab is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Ajesh Kapoor is the current CEO of SemiCab. They have also founded this company.
SemiCab is a funded company, having raised a total of $2.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Feb 25, 2020.
As of Apr 10, 2024, the latest employee count at SemiCab is 21.
Annual revenue of SemiCab is $679.35K as on Mar 31, 2023.
SemiCab was established in 2018 in Atlanta, United States, within the logistics sector. A platform leveraging cloud, IoT, and AI is maintained to connect shippers, carriers, and brokers for managing freight transport systems. Optimization of logistics is facilitated through AI and machine learning models. Shippers select carriers and book loads, while carriers are assigned pricing predictions for those loads. Operations focus on long-haul services across the region.
SemiCab's top competitors include Algorhythm Holdings, e-FAST India and Curbhub.
SemiCab offers Collaborative Transportation Platform.
SemiCab has 2 investors. Key investors include Sonata Software, and Singing Machine.