QUICK FACTS

HEAD OFFICE

78, Hristo Smirnenski blvd
Sofia 1164
Bulgaria

COUNTRIES SUPPORTED

Bulgaria

LANGUAGES OFFERED

English

category

CATEGORIES

Big Data, Analytics, Business intelligence, Predictive analytics

INDUSTRIES

Technology, Transportation

PRICING

Subscription

10k to 100k EUR per month

SIZE OF CUSTOMERS

Large, Global Enterprise

 
Founders:
 
Year founded:March 18, 2013
Funding received: $ 420 Thousand
Investors:
 
#Employees:11-50 employees
Awards won:13
 

Overview

TransMetrics is a big data startup from Europe and they focus solely on the € 5.4 trillion transport and logistics industry. It is a Bulgarian startup that received seeding funding from the European LAUNCHHub Fund to accelerate their business and prepare for public launch. Currently TransMetrics is in closed Beta.

TransMetrics brings big data to the transport and logistics industry to improve capacity optimization, reduce costs and reduce CO2 emission. The predictive analytics software that they are developing, and which will be available as a Software-as-a-Service product, will help transport companies predict shipping volumes. The software learns from past shipping histories and use external forecasts to make these predictions.

On their website they claim that transport network, be it trucks, planes, trains or ships, remain unused for on average 40%. Therefore they have developed this game-like simulation product that will enable network managers to gain a few percentage extra capacity utilization, which could result in millions of savings.

TransMetrics was founded early 2013 by Asparuh Koev, CEO, Anna Shaposhnikova, CCO, Rado Nikolov, CTO, and Alexander Petkov, Head of Customer Implementations. The objective is to showcase their product in September and they currently work with one of the top 15 transport and logistics companies in the world to test the product. They have a strong management, backed with industry experience.

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