About SimpliRoute
SimpliRoute is a company based in Santiago (Chile) founded in 2014.. SimpliRoute has raised $11.51 million across 5 funding rounds from investors including Wayra, TheVentureCity and Fundacion Chile. SimpliRoute offers products and services including Route Optimizer, Live Tracking, and Integrations. SimpliRoute operates in a competitive market with competitors including HERE, Zubie, Routeware, Wise Systems and PTV Group, among others.
- Headquarter Santiago, Chile
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$11.51 M (USD)
in 5 rounds
-
Latest Funding Round
$8 M (USD), Series A
Dec 10, 2021
-
Investors
Wayra
& 4 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of SimpliRoute
SimpliRoute offers a comprehensive portfolio of products and services, including Route Optimizer, Live Tracking, and Integrations. 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.
Optimizes delivery routes to minimize costs and time.
Provides real-time vehicle location and status updates.
Connects with external tools for seamless logistics operations.
Unlock access to complete
Funding Insights of SimpliRoute
SimpliRoute has successfully raised a total of $11.51M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in December 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 5
- Last Round Series A — $8.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - SimpliRoute | Valuation |
investors |
|
| Apr, 2020 | Amount | Series A - SimpliRoute | Valuation | TheVentureCity |
|
| Nov, 2018 | Amount | Seed - SimpliRoute | Valuation |
investors |
| 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 SimpliRoute
SimpliRoute has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Wayra, TheVentureCity and Fundacion Chile. 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 |
|---|---|---|---|---|
|
Tech startups in fintech and SaaS are accelerated and incubated.
|
Founded Year | Domain | Location | |
|
Startups are accelerated across sectors by Wayra.
|
Founded Year | Domain | Location | |
|
Venture capital and acceleration are provided to tech startups.
|
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 SimpliRoute
| 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 - SimpliRoute
| 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 |
Simpliroute Comparisons
Competitors of SimpliRoute
SimpliRoute 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 HERE, Zubie, Routeware, Wise Systems and PTV Group, 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 |
Location-based services and mapping solutions are provided globally.
|
|
| domain | founded_year | HQ Location |
Vehicle data is monitored through plugin devices for usage-based insurance.
|
|
| domain | founded_year | HQ Location |
Fleet operations are managed through software solutions provided by Routeware.
|
|
| domain | founded_year | HQ Location |
Offers AI & web-based route optimization software
|
|
| domain | founded_year | HQ Location |
Modeling and simulation software for transportation scenarios is provided.
|
| 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 Simpliroute
Frequently Asked Questions about SimpliRoute
When was SimpliRoute founded?
SimpliRoute was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is SimpliRoute located?
SimpliRoute is headquartered in Santiago, Chile. It is registered at Santiago, Region Metropolitana De Santiago, Chile.
Is SimpliRoute a funded company?
SimpliRoute is a funded company, having raised a total of $11.51M across 5 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Nov 05, 2015.
What does SimpliRoute do?
SimpliRoute was founded in 2014 in Santiago, Chile, within the logistics technology sector. Cloud-based solutions for route planning, fleet monitoring, delivery traceability, and reporting are offered to optimize operations. Services support various clients, including Unilever, Walmart, and Kitchen Center, across delivery and supply chain management. The platform enables efficient tracking and analysis for businesses in multiple regions.
Who are the top competitors of SimpliRoute?
SimpliRoute's top competitors include HERE, Zubie and RouteMatch.
What products or services does SimpliRoute offer?
SimpliRoute offers Route Optimizer, Live Tracking, and Integrations.
Who are SimpliRoute's investors?
SimpliRoute has 5 investors. Key investors include Wayra, TheVentureCity, Fundacion Chile, Soluciones Orion, and 500 Global.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.