Overview

Isometric Technologies offers a platform designed to improve transportation performance for shippers, brokers, and carriers. Their tools help clients measure the total cost of transportation by providing reliable industry benchmarks and managing performance data. This allows users to identify hidden service costs, improve their carrier procurement processes, and build stronger relationships within their networks. Unlike many competitors, ISO focuses specifically on delivering analytical insights that enhance operational efficiency and cost-effectiveness. The company's goal is to empower clients in the logistics and transportation sector to optimize their operations through data-driven decision-making.

Simplify's Take

What believers are saying

• ISO's inclusion in FreightWaves FreightTech Top 25 boosts its industry credibility.
• Collaboration with Highway reduces risk in carrier selection, enhancing service reliability.
• Growing demand for real-time data analytics aligns with ISO's core offerings.

What critics are saying

• Acquisition by Triumph Financial may disrupt existing client relationships.
• Increased competition from emerging platforms could erode ISO's market share.
• Reliance on manual data processes increases risk of costly inaccuracies.

What makes Isometric Technologies unique

• ISO provides a single source of truth for supply chain data.
• ISO collaborates with MIT for cutting-edge research in supply chain management.
• ISO's platform uncovers hidden service costs, enhancing carrier procurement processes.

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Funding

Total Funding

$15M

Meets

Industry Average

Funded Over

1 Rounds

$15,000,000

Series A

Sep 2022

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Meet Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$15M

$30M