Emerge is a web-based truckload management system that utilizes predictive analytics and automated decision support to enhance freight procurement efficiency for shippers. The platform connects shippers with a network of pre-vetted carriers, optimizing contract negotiations and reducing transportation spend.
Funding
$172.5M 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.
Founders
Product
Problem
Shippers often struggle with inefficient freight procurement processes, leading to suboptimal contract negotiations and increased transportation costs. Managing complex annual events, mini bids, and spot market fluctuations requires significant manual effort and can result in missed opportunities for cost savings.
Solution
Emerge offers a freight procurement platform designed to streamline transportation spend management for shippers of all sizes. The platform, ProcureOS, facilitates contract procurement by optimizing negotiations and automating RFP processes, ensuring shippers secure the best carrier rates. Emerge AI provides predictive analytics and automated decision support, enabling users to anticipate market trends and optimize spend. The Emerge Marketplace connects shippers with a wide network of pre-vetted carriers, fostering reliable freight partnerships. For immediate needs, the platform's spot procurement features allow for quick responses to market demands, reducing touchpoints and overall spend.
Target Audience
The primary target audience includes shippers seeking to optimize their freight procurement processes, reduce transportation costs, and enhance their carrier network.
Features
- Contract Procurement tools for managing annual RFPs and mini bids
- Emerge AI for spend optimization, contract benchmarking, and lane intelligence
- Emerge Marketplace for accessing a network of pre-vetted carriers
- Spot Procurement features for quote execution, dynamic booking, and real-time tracking
- Integration capabilities with top TMS companies and data partners via no-code integrations
- Carrier scorecards and reporting & analytics dashboards for performance monitoring
- Secure, SOC2 compliant platform with multi-region data hosting