Chronotruck
Financials
Estimates*
EUR | 2017 | 2018 |
---|---|---|
Revenues | 1.5m | 5.5m |
% growth | - | 265 % |
EBITDA | (1.4m) | (2.3m) |
% EBITDA margin | (92 %) | (41 %) |
Profit | (1.3m) | (2.4m) |
% profit margin | (87 %) | (43 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
* | €3.5m | Series A | |
N/A | Acquisition | ||
Total Funding | $3.9m |
Recent News about Chronotruck
EditChronotruck is a disruptive startup in the European road transport market, aiming to revolutionize the logistics industry by connecting shippers and carriers in real time. The platform serves professional clients, including businesses that need to ship goods and carriers who provide transportation services. Operating in the logistics and freight market, Chronotruck leverages technology to offer instant quotes and geotagged trucks, ensuring that shippers can find nearby carriers quickly and efficiently. The business model is based on a digital marketplace that matches supply and demand, reducing empty return trips and optimizing truck utilization. Chronotruck generates revenue through transaction fees charged to both shippers and carriers for using the platform. By providing a transparent and efficient solution, Chronotruck aims to lower shipping costs by up to 70%, streamline the logistics process, and enhance the overall quality and security of transport services.
Keywords: logistics, freight, real-time connection, geotagged trucks, instant quotes, digital marketplace, transport costs, empty return trips, European market, professional clients.