About Zuum
Zuum is a company based in Ontario (United States) founded in 2016 by Mustafa Azizi and Matt Tabatabai. Zuum has raised $32.68 million across 6 funding rounds from investors including CVC, Bridge Community Bank and Capital Financial Group. Zuum operates in a competitive market with competitors including LogiNext, Freight Tiger, Logospot, Transporeon and Shipwell, among others.
- Headquarter Ontario, United States
- Founders Mustafa Azizi, Matt Tabatabai
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Zuum Transportation Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$32.68 M (USD)
in 6 rounds
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Latest Funding Round
$100 K (USD), Series A
Jan 30, 2024
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Investors
CVC
& 8 more
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Employee Count
Not available
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People of Zuum
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Funding Insights of Zuum
Zuum has successfully raised a total of $32.68M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $100 thousand completed in January 2024. 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.
Investors in Zuum
Zuum has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include CVC, Bridge Community Bank and Capital Financial Group.
| Investor | Description | Founded Year | Domain | Location |
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Mezzanine financing and equity investments are provided by CVC.
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Venture capital firm backed by Holman Enterprises.
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Venture capital firm focused on big data, IoT, and human machine
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Investor details for Zuum
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Investments & Acquisitions by Zuum
Investment portfolio details for Zuum
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Financial Statements - Zuum
Detailed financials for Zuum
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Zuum Comparisons
Peer comparison for Zuum
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Competitors of Zuum
Zuum 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 LogiNext, Freight Tiger, Logospot, Transporeon and Shipwell, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based AI platform for transportation management and optimization is provided.
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Freight and logistics are managed via web-based platform.
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SaaS-based transport management solutions are provided by LogiSpot.
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Cloud-based transport management solutions are provided for logistics enterprises.
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Online booking platform for freight transportation
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Transportation management systems are provided for third-party logistics firms.
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Detailed competitors of Zuum
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Latest news on Zuum
Complete news archive for Zuum
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Frequently Asked Questions about Zuum
Zuum was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Zuum is headquartered in Ontario, United States. It is registered at Ontario, California, United States.
Matt Tabatabai is the current CEO of Zuum. They have also founded this company.
Zuum is a funded company, having raised a total of $32.68M across 6 funding rounds to date.
A web-based marketplace was established in 2016 in Ontario, United States, to link shippers and carriers within the freight logistics sector. Freight details are posted by shippers via the app, prompting alerts to nearby carriers who review pickup locations, times, prices, and submit phone-based offers. Confirmed bookings enable real-time tracking of freight movement, along with notifications for pickups and drop-offs. Proof of delivery is issued upon final confirmation.
Zuum's top competitors include LogiNext, Freight Tiger and Vector.
Zuum has 9 investors. Key investors include CVC, Bridge Community Bank, Capital Financial Group, Trinity Life Sciences, and Estes.