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About Rose Rocket
Industries
Automotive & Transportation
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$63M
Headquarters
Canada
Founded
2015
Overview
Rose Rocket offers software solutions for the trucking and logistics industry, focusing on improving operational efficiency. Their platform replaces traditional Transportation Management Systems (TMS) and allows businesses to manage their logistics without heavy upfront costs or complicated changes. The software includes features like automated order entry, better visibility for customers, and streamlined dispatch processes for drivers and carriers. Unlike many competitors, Rose Rocket operates on a subscription-based model, making it accessible for a wide range of clients. The company's goal is to help businesses in the trucking sector increase revenue, enhance profit margins, and lower operational costs.
Simplify's Take
What believers are saying
- Rose Rocket raised $38M in Series B funding to scale its TMS solutions.
- The demand for real-time freight visibility aligns with Rose Rocket's customer visibility focus.
- 5G technology adoption will benefit Rose Rocket's communication-focused platform.
What critics are saying
- Increased competition from TMS providers leveraging AI and machine learning.
- Potential integration challenges with existing legacy systems may cause delays.
- Rising concerns over data privacy and security in SaaS logistics platforms.
What makes Rose Rocket unique
- Rose Rocket offers a cloud-native TMS platform with no significant upfront investment.
- The platform enhances operational efficiency internally and across freight networks.
- Rose Rocket provides automated order entry and improved dispatch experiences.
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Funding
Total Funding
$63M
Above
Industry Average
Funded Over
2 Rounds
Y CombinatorIndustry standards
Benefits
Health Insurance
Health Savings Account/Flexible Spending Account
Parental Leave
Stock Options
Paid Vacation
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 10%Rose Rocket, a SOC II compliant, cloud-native provider of transportation management software (TMS) for trucking companies and 3PLs, today announced th
Rose Rocket raised US $25 million in Series A funding in October 2021 led by Addition Capital and Shine Capital with participation from Ripple Ventures, Scale-Up Ventures, Kevin Mahaffey, Funders Club and Y-Combinator.
Today, Canada-based Rose Rocket announced that it closed a $38 million series B funding round led by Scale Venture Partners with participation from Addition Capital, Shine Capital, Scale-Up Ventures, FundersClub and Y Combinator.
To help improve its competitive edge in logistics, UniGroup partnered with Rose Rocket, a Canada-based software company that develops transportation management software by the same name.
Rose Rocket, a Toronto, Canada-based SaaS provider of transportation management software (TMS) for trucking companies and 3PLs, raised $25m in Series A funding. The round was led by Lee Fixel of Addition Capital and Mo Koyfman of Shine Capital with participation from Ripple Ventures, Scale-Up Ventures, Kevin Mahaffey, Funders Club and Y-Combinator. The company intends to use the funds to […]
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About Rose Rocket
Industries
Automotive & Transportation
Enterprise Software
Company Size
51-200
Company Stage
Series B
Total Funding
$63M
Headquarters
Canada
Founded
2015
There are no jobs for Rose Rocket right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Rose Rocket