NewMile is a multi-sided network that provides on-demand material transportation by connecting contractors, truckers, dump sites, and material suppliers through a streamlined technology platform. This solution enhances operational efficiency by simplifying the logistics of quotes, forecasting, and payments in the construction materials industry.
Funding
$1.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AAMVPARFounders
Product
Problem
The construction materials industry faces logistical challenges in coordinating on-demand material transportation, including inefficient quoting processes, inaccurate forecasting, and cumbersome payment systems. This complexity leads to operational inefficiencies and increased costs for contractors, truckers, dump sites, and material suppliers.
Solution
NewMile offers a technology platform that streamlines on-demand material transportation by connecting contractors, truckers, dump sites, and material suppliers. The platform simplifies logistics, providing tools for efficient quoting, forecasting, and payment processing within the construction materials industry. By creating a centralized network, NewMile enhances operational efficiency and reduces complexities associated with material delivery.
Target Audience
The primary customers are contractors, truckers, dump sites, and material suppliers involved in the construction materials industry.
Features
- Streamlined quoting process for material transportation requests.
- Forecasting tools to predict material needs and optimize delivery schedules.
- Integrated payment system for secure and efficient transactions.
- Centralized platform connecting contractors, truckers, dump sites, and material suppliers.