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Turvo, headquartered in Sunnyvale, California, is revolutionizing the logistics and supply chain industry. The company offers a cloud-based platform that unifies the entire supply chain, providing real-time visibility and collaboration for all stakeholders involved. This includes shippers, carriers, and brokers, enabling them to connect seamlessly and manage freight more efficiently.

Turvo operates in the logistics and supply chain market, which is a critical sector given the increasing global interconnectedness and the rise of e-commerce. Traditional methods of tracking and managing shipments have become outdated, leading to inefficiencies and a lack of transparency. Turvo addresses these issues by digitizing the entire process, from order placement to final delivery, ensuring that all parties have access to the same information in real-time.

The company's business model is based on a Software-as-a-Service (SaaS) approach. Clients subscribe to Turvo's platform, paying a recurring fee for access to its suite of tools and features. This model provides a steady stream of revenue and allows Turvo to continuously update and improve its services. The platform's capabilities include real-time tracking, document management, and communication tools, all designed to streamline operations and reduce the administrative burden on logistics professionals.

Turvo makes money through subscription fees from its clients, which include a wide range of businesses involved in shipping and logistics. By offering a comprehensive solution that enhances visibility and collaboration, Turvo helps its clients reduce costs, improve efficiency, and provide better service to their customers.

In summary, Turvo is a game-changer in the logistics and supply chain industry, offering a modern, digital solution to an age-old problem. Its platform brings order to chaos, making it easier for businesses to move goods efficiently and transparently.

Keywords: logistics, supply chain, cloud-based, real-time tracking, collaboration, SaaS, shippers, carriers, brokers, efficiency.

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Investments by Turvo

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ACQUISITION by Turvo Jul 2019