About Traansmission
Traansmission is a company based in Veteran (Canada) founded in 2012 was acquired by Shiplync in April 2017.. Traansmission has raised $165 thousand across 5 funding rounds from investors including Carnegie Mellon University, Entrepreneurs Roundtable Accelerator and Yope. Traansmission operates in a competitive market with competitors including Uber Freight, Truckstop.com, Arrive Logistics, Freightera and Loadlink, among others.
- Headquarter Veteran, Canada
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Sectors
Transportation, Automotive & Logistics
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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
$165 K (USD)
in 5 rounds
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Latest Funding Round
$50 K (USD), Seed
Jul 15, 2014
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Investors
Carnegie Mellon University
& 3 more
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Employee Count
Employee Count
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Acquired by
Shiplync
(Apr 01, 2017)
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Funding Insights of Traansmission
Traansmission has successfully raised a total of $165K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $50 thousand completed in July 2014. 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 Seed — $50,000
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First Round
First Round
(07 Mar 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2014 | Amount | Seed - Traansmission | Valuation |
investors |
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| Jun, 2014 | Amount | Seed - Traansmission | Valuation |
investors |
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| Jun, 2014 | Amount | Seed - Traansmission | Valuation | Entrepreneurs Roundtable Accelerator |
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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 |
Investors in Traansmission
Traansmission has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Carnegie Mellon University, Entrepreneurs Roundtable Accelerator and Yope. 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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Startups are accelerated in fintech, SaaS, climate, and various sectors.
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Founded Year | Domain | Location | |
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Yope is focused on empowering university-born founders through funding.
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Founded Year | Domain | Location | |
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University offers multiple courses across engineering and business mangement
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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 Traansmission
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Traansmission
| 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 |
Traansmission Comparisons
Competitors of Traansmission
Traansmission 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 Uber Freight, Truckstop.com, Arrive Logistics, Freightera and Loadlink, 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 |
Trucking carriers are matched with shippers via an online marketplace.
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| domain | founded_year | HQ Location |
Online load board integrated with freight management functionalities
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| domain | founded_year | HQ Location |
Tech-enabled freight forwarding services are provided for shippers and carriers.
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| domain | founded_year | HQ Location |
Load matching and booking platform
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| domain | founded_year | HQ Location |
Provides digital tools for trucking load matching and fleet management services.
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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 Traansmission
When was Traansmission founded?
Traansmission was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Traansmission located?
Traansmission is headquartered in Veteran, Canada. It is registered at Veteran, Alberta, Canada.
Is Traansmission a funded company?
Traansmission is a funded company, having raised a total of $165K across 5 funding rounds to date. The company's 1st funding round was a Seed of $40K, raised on Mar 07, 2014.
What does Traansmission do?
Traansmission was founded in 2012 in Veteran, Canada, as a platform in the logistics sector. Direct communication between shippers and truckers is enabled via a real-time, location-based system, eliminating intermediaries. Loads are found, picked up, and delivered using the app. A proprietary route-matching algorithm is employed to pair shipments with truckers based on current position, destination, and preferences. Operations focus on the shipping marketplace domain.
Who are the top competitors of Traansmission?
Traansmission's top competitors include Uber Freight, Truckstop.com and Arrive Logistics.
Who are Traansmission's investors?
Traansmission has 4 investors. Key investors include Carnegie Mellon University, Entrepreneurs Roundtable Accelerator, Yope, and Shiplync.