About Taric
Taric is a company based in Madrid (Spain) founded in 1987 by Enrique Miret Bernal and Guillermo Salafranca was acquired by WiseTech Global in August 2018.. Taric offers products and services including TariffOne, CargoWise, LegisTaric, and DrBackup. Taric operates in a competitive market with competitors including GoodShip, Chinsay, LSP Solutions, FreightOptics and Subezy, among others.
- Headquarter Madrid, Spain
- Founders Enrique Miret Bernal, Guillermo Salafranca
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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 Taric S.A.U.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$2.18 M (USD), Grant
Jan 01, 2022
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Investors
WiseTech Global
& 1 more
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Employee Count
Employee Count
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Acquired by
WiseTech Global
(Aug 10, 2018)
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Products & Services of Taric
Taric offers a comprehensive portfolio of products and services, including TariffOne, CargoWise, LegisTaric, and DrBackup. 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.
Online tool for arancel and tariff data management
Platform for supply chain and logistics operations
Service for customs legislation and compliance
Backup solution for document and activity control
Funding Insights of Taric
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $2.2M
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First Round
First Round
(12 Nov 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Grant - Taric | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - Taric | Valuation |
investors |
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| Dec, 2015 | Amount | Grant - Taric | Valuation |
investors |
| 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 Taric
Taric has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include WiseTech Global and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Cloud-based logistics software suite is provided for supply chain management.
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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 Taric
| 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 - Taric
| 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 |
Taric Comparisons
Competitors of Taric
Taric 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 GoodShip, Chinsay, LSP Solutions, FreightOptics and Subezy, 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 |
Provider of AI & web-based freight contract management solutions
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| domain | founded_year | HQ Location |
Online contract management is provided for freight and commodities.
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| domain | founded_year | HQ Location |
Software solutions provider for customs brokerage and bonded warehouse management
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| domain | founded_year | HQ Location |
Provides software solutions for auditing, optimizing, and managing transportation costs.
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| domain | founded_year | HQ Location |
Platform connects transport firms with qualified subcontractors using AI and secure payments.
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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 Taric
When was Taric founded?
Taric was founded in 1987 and raised its 1st funding round 28 years after it was founded.
Where is Taric located?
Taric is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
What does Taric do?
Taric was founded in 1987 in Madrid, Spain, to deliver SaaS-based software for customs declaration and logistics management. Core offerings include customs management software addressing trade compliance, import-export processes, and documentation requirements, alongside a document management solution and TaricTrans, an ERP system tailored for logistics operators. Consultancy and training services are extended to clients in the sector. Acquisition by WiseTech Global occurred in August 2018.
Who are the top competitors of Taric?
Taric's top competitors include GoodShip, Chinsay and LSP Solutions.
What products or services does Taric offer?
Taric offers TariffOne, CargoWise, LegisTaric, and DrBackup.
Who are Taric's investors?
Taric has 2 investors. Key investors include WiseTech Global, and European Union.