GXO Logistics | May 17, 2022
GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced a new partnership with Sente Foundry (“Sente”), a global startup investment and innovation platform that brings corporations, public institutions and investors together to discover high-potential technology startups with inventive ideas and scalable solutions that can help solve today’s greatest supply chain challenges.
“Our partnership with Sente reflects our ongoing commitment to providing our customers with cutting-edge automated solutions that increase safety, productivity, accuracy and scalability, We look forward to working with Sente to identify innovators around the world that are using emerging technologies to develop game-changing solutions to make logistics a competitive advantage.”
-Sandeep Sakharkar, Chief Information Officer, GXO
During the year-long collaboration, Sente will conduct a global search for and evaluation of the world’s most promising technology-focused startups. The start-ups will be selected specifically for their potential to help GXO meet its strategic priorities, including accelerating warehouse innovation for customers that are increasingly looking to automate their logistics operations.
Sente COO Gerod Carfantan, leader of Sente’s Supply Chain and Transportation domain, said, “We’re excited by this opportunity to connect GXO with startups with scalable groundbreaking ideas. Today’s logistics challenges are increasingly complex, and GXO has led the way globally with creative solutions, innovation and collaboration. We’re inspired by GXO’s mission to realize logistics at full potential and we look forward to helping the company achieve even greater success.”
About GXO Logistics
GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider and is benefiting from the rapid growth of ecommerce, automation and outsourcing. GXO is committed to providing a diverse, world-class workplace for approximately 120,000 team members across more than 900 facilities totaling approximately 200 million square feet. The company partners with the world’s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut, USA. Visit GXO.com for more information and connect with GXO on LinkedIn, Twitter, Facebook, Instagram and YouTube.
About Sente Foundry
Sente Foundry, LLC (“Sente”) is a Chicago-based early-stage startup investment program that works with corporations, family offices, and institutional investors to connect startups with innovative and scalable opportunities using its unique “CVC-as-a-Service” platform. Sente searches the world for the most high-potential startups and helps them scale through partnerships with its partners. With Sente, startups can scale faster and do so internationally; investors get line-of-sight and a new way to invest in the world’s most promising startups; and corporations accelerate innovation like never before. Since its founding in 2013, Sente has supported early-stage companies that operate in over 40 countries, have received over $35 million in funding, and have generated revenues exceeding $80 million. Find Sente online at sente.link, LinkedIn, and Twitter.
HERE Technologies | May 11, 2022
HERE Technologies, the world’s leading location data and technology platform announced it has entered a five-year strategic collaboration agreement with Amazon Web Services (AWS) to help organizations improve their supply chain visibility, transportation and logistics (T&L), fleet routing, and estimated times of arrival (ETAs) from the first-to-last mile of delivery.
According to Gartner®, “real-time transportation visibility continues to be a key priority for shippers and 3PLs, and their customers,” and by 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions.i Another Gartner report states, “increasingly, supply chain visibility adoption is no longer a “nice to have” for any organization— no matter the size, geography or industry.”ii
As part of the collaboration, HERE will list its Supply Chain Solutions that are utilized by T&L companies globally in AWS Marketplace, a curated digital catalog that customers can use to find, buy, deploy, and manage third-party software, data, and services to build solutions and run their businesses. Additionally, HERE will work with AWS to bring to market advanced capabilities for T&L participants to leverage, such as warehouse and yard management, predictive ETA calculations, and CO2 fleet emission solutions.
HERE Supply Chain Solutions build on enterprise-grade map content and core location services (APIs for advanced traffic enabled routing, geofencing, geocoding, and mobile SDKs). HERE Supply Chain Solutions connect and integrate data from multiple stakeholders in the transportation ecosystem to optimize planning, prediction of events, shipment ETAs, and location-based analytics.
HERE Supply Chain Solutions include:
HERE Asset Tracking delivers real-time visibility of asset location and status. HERE leverages a Platform-as-a-Service model to enable businesses to track their assets seamlessly indoor and out. Businesses can reduce time and money spent on missing equipment and focus on optimizing asset utilization and efficiency.
HERE Tour Planning creates cost- or time-optimized tours for all vehicles in a fleet, incorporating vehicle type and capacity, to maximize utilization. The calculations reflect current traffic and use special truck-routing attributes, such as road, height, and turn restrictions, when heavy vehicles are used.
HERE Last Mile is an end-to-end software-as-a-service (SaaS) application for managing last mile and urban deliveries. It comes with a web-planning dashboard, mobile driver app, and real-time tracking for more accurate ETAs. Customers can easily integrate with their existing order management and Customer Relationship Management systems or use it standalone.
"The requirements for efficient tour planning are constantly growing in the transportation industry, corresponding to increased shipment volumes, complex planning processes and a shortage of skilled workers, Using HERE Tour Planning, we have developed a comprehensive application that fully automates the transport planning process, with accurate traffic data, shipment prioritization, and delivery window compliance. This solution allows customers to reduce the time needed to plan hundreds of vehicles' routes from several hours to just a few minutes."
-Tobias Braun, IT Project Manager at Active Logistics
AWS is supporting HERE’s innovative location-based service applications on AWS to increase visibility across supply chains while tackling some of the largest challenges in T&L globally. The development roadmap includes:
Extending asset visibility beyond transportation modes and into the yards and warehouses
Enabling tracking beyond containers, pallets, and cages to monitoring the location and status of actual shipments;
Increasing the accuracy of predictive arrival and departure times (ETA/ETD) across transportation modes with AI/ML; and
Providing services to measure fleet CO2 emissions in compliance with global standards and to conduct what-if scenario planning for fleet transitions to alternative fuels and drive trains.
“At the center of supply chain visibility is location intelligence. We have seen now that deep insights on the ‘where’ and ‘when’ dimensions of operations deliver tremendous value, from optimizing inbound and outbound logistics to middle and last mile delivery execution, We are proud to work with AWS on deploying these cost and time saving solutions for companies to minimize dwell times, predict ETAs more accurately across every stage, and begin the crucial step of measuring fleet CO2 emissions as the transition to EV vehicles accelerates and economies decarbonize.”
-Edzard Overbeek, CEO at HERE Technologies.
T&L companies around the world rely on real-time visibility for customer satisfaction and operational efficiency. When shipments do not arrive on time, or don’t arrive at all, someone’s bottom line is impacted, said Bill Vass, Vice President, AWS Engineering. “The AWS Services for data management and aggregation power HERE Supply Chain Solutions, and are required for the most relevant customer data to be conflated with the latest location intelligence to solve the visibility and predictability problem throughout a supply chain.
HERE is a partner to customers across the ecosystem of shippers, 3PL’s, 4PL’s, freight forwarders, and road carriers. Hundreds of companies within the transportation, logistics, and mobility sectors utilize HERE location data, software, and technology to create leading fuel, time, and cost saving applications.
By integrating supply chain data and combining it with rich enterprise-grade location data and services, HERE provides meaningful insights for supply chain operators to better optimize their workflows across the entire supply chain, from factory to inside the warehouse and outside on the yard, all the way to the last mile delivery. With data analytics, HERE machine learning algorithms can predict possible disruptions, identify patterns, and prescribe strategies to improve overall supply chain logistics performance.
About HERE Technologies
HERE, the location data and technology platform, moves people, businesses and cities forward by harnessing the power of location. By leveraging our open platform, we empower our customers to achieve better outcomes - from helping a city manage its infrastructure or a business optimize its assets to guiding drivers to their destination safely. To learn more about HERE, please visit here.com and 360.here.com.
DealerOn | March 03, 2022
DealerOn and DRAIVER announced a strategic partnership today that will give dealers a turnkey solution for test drives and vehicle delivery that is fully integrated into the online shopping process through DealerOn's Apex digital retailing tool.
The agreement brings together DealerOn, the leader in automotive websites, with DRAIVER, the number one logistics platform, on-demand driver marketplace and vehicle delivery system.
The process of moving inventory around is wildly inefficient and costly for dealers, DRAIVER comes to the dealer's rescue by offering a solution that pairs dealers with vetted drivers that can get cars into the hands of car shoppers without the overhead. The direct integration with DealerOn's Apex means it's never been easier for our mutual dealership customers to ensure test drives are quick and easy."
DealerOn CEO Ali Amirrezvani.
When using Apex to browse a dealership's inventory, customers have a safe and easy way to have any vehicle delivered to them for a test drive.
DRAIVER is thrilled to partner with DealerOn, giving us the opportunity to integrate our AI powered vehicle delivery platform combined with our national marketplace of vetted and insured drivers directly with DealerOn, whose new products are poised to be the standard for online retailing will provide our mutual client dealerships the best-in-class tools and services they need to compete in today's digital retail and home delivery marketplace."
Anthony Monteiro CRO at DRAIVER
DealerOn is the leader in automotive digital marketing, providing dealerships with platforms scientifically engineered to generate more leads than the competition, to crafting a web presence as personal as each individual dealership. DealerOn has extensive partnerships with the biggest names in the industry from Ford to GM and looks forward to a long and fruitful collaboration with DRAIVER.
SOFTWARE AND TECHNOLOGY
SWVL | March 26, 2022
Swvl Inc. ("Swvl" or the "Company"), a global provider of transformative tech-enabled mass transit solutions, announced a definitive agreement to acquire door2door, a European high-growth mobility platform that partners with municipalities, public transit operators, corporations, and automotive companies, providing software for on-demand mobility, multimodal routing and mobility analytics. The closing of the door2door transaction is subject to customary closing conditions and is expected to be completed in Q2 2022.
Founded in 2012 with the mission of making cities smarter, door2door has developed a leading proprietary MaaS software platform that can be easily integrated into any existing transit network. door2door has a strong commercial track record with 70 deployments across 10 European countries and approximately 24% market share in Germany, Europe's largest mass transit market. Swvl and door2door share a commitment to expanding access to affordable transportation and unlocking economic, social, and environmental benefits for riders and their communities.
Mostafa Kandil, Swvl Founder and CEO, said, "Swvl and door2door share an ongoing commitment to disrupting traditional public transportation systems with tech-enabled mobility solutions focused on accessibility, convenience and sustainability. door2door's impressive foothold in Europe, and particularly DACH2, complement Swvl's recent growth efforts, including our acquisitions of controlling interests in Shotl and Viapool, which launched the Swvl platform in Europe and Latin America, respectively. By significantly expanding our European footprint and furthering our MaaS and SaaS capabilities, we continue to deliver on our growth objectives, while effectively scaling the Swvl platform to key additional geographies."
The transaction with door2door will create a leading global mass transit player, with synergies on offerings, geography, partnerships and product domain:
Boosts Swvl's momentum of growth and expansion in Europe and beyond by bringing the Company's total geographic presence to more than 20 countries on 4 continents.
Leverages door2door's impressive growth track record, with 45% CAGR in number of customers from 2018-2021, >90% customer retention and 7.5x revenue growth from 2017-2021.
Provides compelling market opportunities with access to more than 100 additional European cities.
Provides a launch pad when combined with Shotl to tap into the $22.5 billion SaaS/TaaS market in Europe, where door2door brings a deep understanding of market dynamics.
Unlocks the full potential of SaaS for Swvl through door2door's proprietary mobility orchestration platform with fleet operations management, insights and reporting, and a driver, passenger and attendant application combined with strong technology in the form of a white-label engine, API integration and free floating options.
Allows Swvl to integrate door2door's scalable technology stack with Swvl's proprietary technology to predict and identify latent demand, create routes around demand clusters, create dynamic routes and cost efficient plans, price supply through bidding, and enhance dynamic pricing capabilities.
Enables partnerships with municipalities, public transit operators, corporations, non-emergency medical transportation and smart city organizations, and automotive companies.
Offers a complementary suite of mobility solutions including EV/AV fleet management, on-demand and fixed route public transit, corporate and campus shuttles, autonomous logistics delivery and demand management to add to Swvl's existing suite.
Advances Swvl's ESG strategy by accelerating its adoption of EV/AV technology and creating partnership opportunities to digitize non-emergency medical transport.
Maintains an outstanding policy network on both a national and EU level, providing additional opportunities to enter new markets and expand Swvl's B2G business.
"We are excited to embark on this next phase of growth alongside the Swvl team. We have been impressed by Swvl's ability to rapidly scale its business while continuing to provide best-in-class, transformative mobility solutions for customers. Now we are looking forward to leveraging the combined capabilities of our platforms to alleviate many of the burdens and inefficiencies posed by traditional commuting methods."
-Dr. Tom Kirschbaum, door2door Co-CEO
Maxim Nohroudi, door2door Co-CEO, said, With Swvl and door2door joining forces today we are building a global mass transit company. Swvl's outstanding TaaS experience adds value to our European customers, while door2door complements Swvl with MaaS solutions and B2G capabilities. Together, we are catering to diverse mass transit challenges worldwide, providing a truly global mobility platform.
Youssef Salem, Swvl CFO, said, "The acquisition of door2door provides us with a leading position in Central Europe, attractive SaaS revenue base and pipeline, complementary suite of new mobility products, strong hub in Berlin and a launch pad for further European and global expansion across marketplace and SaaS offerings. Following our recent acquisitions of controlling interests in Shotl and Viapool, investments in mass transit platforms in the United Kingdom and Mexico and launches across Latin America and Europe, this transaction further demonstrates our ability to utilize our growth capital and public currency to pursue accretive organic and inorganic strategic initiatives. We look forward to capitalizing on the numerous opportunities provided by this transaction and furthering partnerships to advance our leading market position as a provider of technology-enabled mass transit solutions on a global scale. We are confident that the Swvl platform will have a very positive and sustained impact on European transit."
Swvl is a global provider of transformative tech-enabled mass transit solutions, offering intercity, intracity, B2B and B2G transportation across 115 cities in 18 countries. The Company's platform provides complimentary semi-private alternatives to public transportation for individuals who cannot access or afford private options. Every day, Swvl's parallel mass transit systems are empowering individuals to go where they want, when they want – making mobility safer, more efficient, accessible, and environmentally friendly. Customers can book their rides on an easy-to-use proprietary app with varied payment options and 24 / 7 access to high-quality private buses and vans.Swvl was co-founded by Mostafa Kandil, who launched Carmudi in the Philippines, which became the largest car classifieds platform in the country in just six months. He then served as Rocket Internet's Head of Operations. In 2016, Kandil joined Careem, a ride-sharing company and the first unicorn in the Middle East, where he launched services in multiple new markets.For additional information about Swvl, please visit www.swvl.com.
door2door is a European high-growth mobility platform providing software solutions for on-demand shared mobility, multimodal routing and mobility analytics. The Berlin-based company licenses its B2G/B2B mobility software to municipalities, mass transit operators, transit agencies, corporations, and automotive companies, with 70 deployments across 10 European countries and approximately 24% market share in Germany, Europe's largest mass transit market. Founded by Dr. Tom Kirschbaum and Maxim Nohroudi with the goal of making cities smarter, door2door has been appointed by LinkedIn as "Top-10 Startup in Germany" and "European Company of the Year".