About Tachyon
Tachyon is a company based in Riyadh (Saudi Arabia) founded in 2019. It operates as a SaaS (Software-as-a-Service), and B2B2C. Tachyon has raised $1.6 million across 1 funding round. Tachyon offers products and services including TachyonTMS, TachyonBullet, TachyonFMS, TachyonOMS, and TachyonWMS. Tachyon operates in a competitive market with competitors including Homoola, Trellah, HJM Tech, JitPlus and Itruck Company, among others.
- Headquarter Riyadh, Saudi Arabia
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.6 M (USD)
in 1 rounds
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Latest Funding Round
$1.6 M (USD), Seed
Oct 24, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of Tachyon
Tachyon offers a comprehensive portfolio of products and services, including TachyonTMS, TachyonBullet, TachyonFMS, TachyonOMS, and TachyonWMS. 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.
A platform designed to streamline transport operations digitally.
A solution for managing last-mile delivery operations efficiently.
A system built to enhance fleet performance digitally.
A tool designed to unify order lifecycle management.
A system created to optimize warehouse operations effectively.
Funding Insights of Tachyon
Tachyon has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in October 2022. 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 — $1.6M
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First Round
First Round
(24 Oct 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Tachyon | 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 Tachyon
| 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 - Tachyon
| 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 |
Tachyon Comparisons
Competitors of Tachyon
Tachyon 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 Homoola, Trellah, HJM Tech, JitPlus and Itruck Company, 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 |
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| domain | founded_year | HQ Location |
An online marketplace is operated for booking ground transportation services.
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| domain | founded_year | HQ Location |
Serves as a logistics platform directly connecting shippers and carriers.
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| domain | founded_year | HQ Location |
Offers a comprehensive truck booking platform for efficient logistics management.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for efficient freight transportation services.
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| domain | founded_year | HQ Location |
Offers an app-based marketplace connecting shippers and carriers for efficient logistics.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Tachyon
When was Tachyon founded?
Tachyon was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Tachyon located?
Tachyon is headquartered in Riyadh, Saudi Arabia.
Is Tachyon a funded company?
Tachyon is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Oct 24, 2022.
What does Tachyon do?
Tachyon is established as a B2B digital logistics platform that facilitates the management of transport and logistics operations through a cloud-based system. Various solutions like TachyonTMS for transport management, TachyonBullet for last-mile delivery, and TachyonFMS for fleet management are provided. The platform serves sectors such as FMCG, pharmaceuticals, automotive, and oil gas across Saudi Arabia. Operations are streamlined by integrating IoT for real-time tracking and offering a user-friendly interface. Costs and time are reduced through optimized routing and AI-powered analytics offered by TachyonInsights. A comprehensive ecosystem is supported for businesses to enhance service quality in logistics.
Who are the top competitors of Tachyon?
What products or services does Tachyon offer?
Tachyon offers TachyonTMS, TachyonBullet, TachyonFMS, TachyonOMS, and TachyonWMS.