GenLogs utilizes a nationwide network of AI-driven roadside sensors to provide real-time freight intelligence, enabling users to identify trustworthy carriers and shippers based on precise equipment and lane data. This technology addresses the challenges of fraud and inefficiency in freight booking by offering reliable insights and targeted recommendations, significantly reducing operational costs.
Funding
$9.5M 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.
LL+2Founders
Product
Problem
The freight industry faces challenges in verifying carrier trustworthiness and identifying reliable capacity due to fragmented data sources and the risk of fraud, leading to inefficiencies and increased operational costs. Traditional methods rely on manual calls and load boards, which often lack real-time insights into equipment and lane data.
Solution
GenLogs offers a freight intelligence platform that leverages a nationwide network of AI-driven roadside sensors to provide real-time data on carriers, shippers, and assets. This sensor network captures billions of data points, offering a single point of view for users to identify trustworthy carriers and available capacity. By providing visibility into truck and equipment patterns, GenLogs enables users to source capacity that matches their specific equipment needs and origin-destination pairings, eliminating the need for email blasts and untrustworthy load boards. The platform also helps combat fraud by allowing users to visibly inspect carriers and their equipment, search for missing trailers, and prevent unauthorized double brokering.
Target Audience
The primary users are freight brokers, 3PLs, and shippers seeking to identify reliable carriers, source capacity efficiently, and combat fraud in the freight booking process.
Features
- Nationwide sensor network providing real-time freight intelligence
- AI-driven analysis of carrier, shipper, and asset data
- Identification of shippers with lane intelligence for every facility
- Capacity sourcing based on equipment needs and O/D pairing
- Carrier vetting for legitimacy and fraud prevention
- Missing asset identification and location tracking
- Photographic evidence of bad actors
- Searchable database of 500,000 shippers with lane intelligence
- Filters for fleet size, insurance requirements, service scores, authority age, and equipment type