Sovtes is a digital full-cycle road freight management solution. We save our shippers 15% on their delivery expenses by providing carrier competition and full-cycle visibility. 0.6% of Ukraine's road freight market is managed within Sovtes.
Current Status
Revenue 2019: $0.25M
Revenue 2020: $0.6M
Problem or Opportunity
Imagine you have 20 different orders for delivery, and you have 15 carrier partners. Each carrier communicates by a random channel from a set of phone, email, and 4 different messaging services. Your task is to pick the best possible match between the orders and the carriers in terms or schedule, locations, pricing and truck parameters within the shortest period. How would you solve this problem with a spreadsheet? Get the idea?
Solution (product or service)
We have a developed an ecosystem, in which shippers place orders, receive carrier offers, make weighted decisions, and optimize for the metric of choice.
We do both price discovery AND visibility, also we do expertise personal consulting on logistics optimization, and not just teach how to click buttons.
Business model
1. subscription ($4 per load)
2. freight forwarding (12% per load)
