Carpool Logistics

Carpool Logistics

Optimized automotive logistics and delivery of Reinvented vehicle logistics with a digital platform for shippers and carriers.

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DateInvestorsAmountRound
investor

€0.0

round
investor investor

€0.0

round
*

$12.0m

Series A
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2022
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

More about Carpool Logistics
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Carpool Logistics is a dynamic startup specializing in vehicle logistics, primarily serving shippers and individual carriers. The company operates in the vehicle transportation market, focusing on optimizing the shipment of both used and new cars. Carpool Logistics leverages a unique business model that consolidates vehicles from multiple shippers heading to similar destinations. This method, known as pooling, helps carriers maximize their load capacity, reduce empty hauls, and increase their earnings potential.

The company's services are particularly beneficial for auction houses, dealerships, and individual car owners who need to transport vehicles across the country. By pooling shipments, Carpool Logistics ensures faster turnaround times and more efficient logistics operations. The company also offers a range of support services, including electronic Proof of Delivery (ePOD) and QuickPay options, which streamline the payment process for carriers.

Carpool Logistics makes money by charging shippers for the transportation services and offering carriers access to a nationwide inventory of pooled vehicle shipments. This approach not only simplifies the booking process but also provides transparent pricing, eliminating the need for manual paperwork and lengthy phone calls. The upcoming CARPOOL app aims to further enhance user experience by providing easy access to contractual lanes and high-traffic routes, ensuring that trucks remain full year-round.

In summary, Carpool Logistics is revolutionizing the vehicle logistics industry by optimizing shipments, reducing operational inefficiencies, and providing a seamless experience for both shippers and carriers.

Keywords: vehicle logistics, car transportation, pooling shipments, auction vehicles, dealerships, nationwide inventory, QuickPay, ePOD, CARPOOL app, optimized lanes.

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