Rose Rocket
Latest round
- Series B
Last raised
- Jun 2023
Total raised
- $63M
Investors
- 8
About Rose Rocket
Based in Toronto, Canada, Rose Rocket, Inc.Founded in Toronto, Canada, in 2015, Rose Rocket, Inc. specializes in developing a transportation management system designed to streamline logistics processes.Rose Rocket offers an AI-native transportation management system (TMS) designed to streamline logistics operations for businesses in the supply chain sector. The core product is a comprehensive TMS that integrates various functions, including order management, real-time tracking of loads and drivers, invoicing, auditing, and freight payment solutions. Utilizing advanced AI tools, the platform automates routine tasks, significantly reducing manual data entry and the need for spreadsheets. Key features such as Rosie, DataBot, and Freight Audit & Pay enhance operational efficiency by autofilling data, extracting information from documents, and ensuring invoice accuracy.Rose Rocket generates revenue primarily through a subscription-based model for its TMS platform, offering different pricing tiers that cater to various client needs within the logistics industry. Clients typically enter into agreements that provide access to the software for a recurring fee, which can scale based on the number of users or volume of transactions processed. The flagship services, including interfaces for freight auditing and automated data ingestion, are integral to the platform's value proposition and appeal to businesses looking to optimize their logistics processes. Revenue is also driven by partnerships with carriers and brokers who leverage the system to improve operational workflows, enhance customer service, and facilitate faster payment cycles.In June 2023, Rose Rocket, Inc. Rose Rocket is focusing on designing and launching new products that will further integrate AI capabilities into their platform. Additionally, the company plans to expand into new markets across Europe and Asia by late 2024, optimizing their logistics solutions for a wider audience.
Who invested in Rose Rocket
8 investors across 3 rounds
See all investors in Rose Rocket
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Rose Rocket
Who invested in Rose Rocket?
Rose Rocket has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rose Rocket raised?
Rose Rocket has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Rose Rocket last raise money?
Rose Rocket's most recent round on record is a Series B, in Jun 2023.
What does Rose Rocket do?
Based in Toronto, Canada, Rose Rocket, Inc.
Where is Rose Rocket headquartered?
Rose Rocket is headquartered in Toronto, Canada.
Which VCs invest in companies like Rose Rocket?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Rose Rocket's stage. Their profiles are linked below.
VCs backing software startups at Series B
Raising like Rose Rocket? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.