Tread

Tread

Digitizes construction logistics with TMS software

Overview

Tread.io provides a Transportation Management System (TMS) for construction materials logistics. Its software digitizes and streamlines how materials are bought, moved, and sold, letting users plan ahead, dispatch hundreds of drivers with one click, and receive real-time updates on their own fleet without extra hardware. The system acts as a single source of truth, reducing disputes and increasing transparency in the logistics process. Tread.io earns money through a subscription model and offers additional features sold separately, giving a flexible pricing structure. What sets Tread.io apart is its focus on the construction industry niche, its end-to-end approach to material logistics, and its emphasis on live fleet visibility and dispute elimination without requiring extra hardware. The company’s goal is to simplify and improve construction material logistics, making the process more efficient, transparent, and reliable for contractors, suppliers, and logistics providers.

About Tread

Simplify's Rating
Why Tread is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Automotive & Transportation

Industrial & Manufacturing

Enterprise Software

Company Size

11-50

Company Stage

Series A

Total Funding

$2.5M

Headquarters

Toronto, Canada

Founded

2016

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Simplify's Take

What believers are saying

  • Tread launched OCR, AI scale-ticket reading, mobile, API docs, and rate management.
  • A 2026 update shows faster expansion into web, mobile, and connected-account workflows.
  • LinkedIn hiring says Mucker-backed Series A planning to scale from $XM to $XXM+ ARR.

What critics are saying

  • Tread still depends on narrow construction logistics budgets and long enterprise sales cycles.
  • Autodesk and heavier rivals can bundle logistics features into broader construction suites.
  • If customer concentration stays high, one lost Fortune 500 account can crush ARR growth.

What makes Tread unique

  • Tread unifies dispatch, tickets, settlements, and billing for bulk-materials hauling.
  • Autodesk Construction Cloud integration embeds Tread inside builders' daily workflows.
  • Named users include Cemex, CRH, and Martin Marietta, signaling enterprise-grade adoption.

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Funding

Total Funding

$2.5M

Above

Industry Average

Funded Over

0 Rounds

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-5%

2 year growth

-7%
Pit & Quarry
Mar 19th, 2024
P&Q Profile: Tread's Sameer Bhalla

Sameer Bhalla joined Tread in October 2022, identifying an opportunity to apply his skill set and experience in logistics and transportation management to the construction materials industry.

Tread
Jan 23rd, 2024
Tread named a "CEMEX Ventures' Top 50 Contech Startup"

more Tread Technologies Inc. is honored to announce that Tread has been selected by CEMEX Ventures as one of the Top 50 most promising Contech Startups in 2024.

Tread
Jan 9th, 2024
Kicking Off the New Year with Tread

Over the last six months, Tread Technologies Inc. launched the platform and introduced key features such as OCR and AI-assisted scale ticket reading, rate management, a new mobile app, API documentation, and much more.

Tread
Oct 26th, 2023
Tread Welcomes Tim Chung, VP Sales, and Adena DeMonte, Head of Marketing, to Leadership Team

As Tread Technologies Inc. accelerate its growth heading into 2024, Tread Technologies Inc. is excited to announce the expansion of its leadership team with two key hires - Tim Chung, Vice President of Sales, and Adena DeMonte, Head of Marketing.

BetaKit
Dec 3rd, 2020
Tread tracks positive momentum as COVID-19 fuels tech adoption in construction sector

The COVID-19 pandemic is challenging sectors that have, until now, experienced relatively low levels of technological transformation. One sector that is no exception to this trend is construction.

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