# Foxtrot Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/foxtrot-systems

- Industry: Logistics & Distribution
- Headquarters: San Francisco, US
- Website: www.foxtrotsystems.com
- Total disclosed funding: $8.8M
- Latest round: Series A (Nov 17, 2017)
- Investors on record: 2

## About

Foxtrot Systems Inc. provides advanced digitization and automation solutions for enterprise fleets, enhancing operational efficiency and enabling real-time functionality across logistics processes.Founded in 2014 in San Francisco, US, Foxtrot Systems Inc. specializes in fleet digitization and automation. The company has completed three deals and raised a total of USD 8.829 mn through a Series A funding round led by Katalyst Ventures. The CEO and founder, Douglas Coughran, has led the company since its inception, focusing on transforming logistics operations for diverse industries.Foxtrot specializes in digitization and automation solutions tailored for enterprise fleets, enabling them to operate autonomously and in real-time. Their core products include next-generation fleet digitization tools that provide real-time visibility and communication across fleet operations, along with a driver app and SDK for existing applications to digitize proof of service. An integrated control tower dashboard and a comprehensive suite of APIs facilitate data management and operational analytics, allowing clients to optimize logistics processes efficiently. These solutions primarily serve businesses in the beverage, food, and e-commerce sectors, with a client base that spans 300+ cities across 13 countries, including significant markets in North America and Latin America. By addressing the challenges of fleet management and enhancing service delivery, Foxtrot positions itself as a key player in the automation of logistics operations.Foxtrot's revenue model is primarily driven by subscriptions and partnerships aimed at enterprise clients, which includes logistics service providers and large-scale distributors. The company generates income through its suite of automation services, which are sold as part of comprehensive solutions that integrate seamlessly into clients’ existing logistics infrastructures. Each client engages with Foxtrot to leverage specific product offerings, such as real-time dispatching and route execution automation, to improve efficiency and reduce operational costs. Pricing structures for these services are typically determined on a contractual basis, tailored to individual client needs and the scale of their operations. While specific pricing details are not disclosed, flagship products are designed to deliver measurable performance improvements, thereby enhancing client value and driving client retention in their targeted markets.Foxtrot Systems Inc. plans to utilize the recent venture funding to further enhance their automation solutions and expand their product offerings. Upcoming products include advanced features for their digital platform aimed at improving client logistics operations, with planned releases throughout the next year. Additionally, the company aims to penetrate new geographic regions, specifically targeting markets in Europe and Asia by the end of 2025, leveraging the new funding to support this expansion.

## Funding rounds

- Series A, Nov 17, 2017, $8.8M — Katalyst Ventures
- Seed, Oct 1, 2015 — Ranch Ventures

## Investors

- Ranch Ventures (https://capitalatlas.ai/funds/ranch-ventures) — Seed
- Katalyst Ventures — Series A