Manifold offers a centralized platform designed to automate freight quoting and bidding processes for logistics operations. The system consolidates customer opportunities onto a single screen, enabling data-driven bid decisions to maximize profit per load. By implementing automated bidding rules, the platform helps users streamline operations and increase their load win rate.
Funding
$2.4M 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.
NSFounders
Product
Problem
The spot freight market is highly fragmented, forcing dispatchers at medium to large asset-based carriers to manually sift through numerous load boards, emails, and broker communications to find suitable shipments. This time-consuming process limits their access to higher-value, shipper-direct freight opportunities. Relying on public load boards results in significant margin erosion due to high brokerage fees.
Solution
Manifold provides a centralized platform that aggregates spot freight opportunities from various sources, including shipper-direct postings, into a single dashboard. This aggregation enables carriers to efficiently find and bid on more profitable freight. The platform streamlines operations, allowing for faster bidding while minimizing erroneous bids through built-in guardrails. By providing comprehensive analytics on bidding patterns, margins, and team activities, Manifold empowers carriers to identify missed opportunities and optimize their spot market performance.
Target Audience
Manifold primarily targets medium to large asset-based carriers operating with 50+ trucks seeking to improve their spot market margins and reduce operational costs associated with finding and bidding on freight.
Features
- Aggregates spot freight opportunities from TMS, email, load boards, and direct shippers into a unified platform.
- Streamlines the bidding process, enabling carriers to bid on more freight in less time.
- Implements bidding guardrails to reduce erroneous bids and enhance profitability.
- Provides analytics on team performance, bidding patterns, and margins.
- Parses spot opportunity emails and integrates them with other spot opportunities.
- Offers insights into missed opportunities and potential new business lanes using historical data.