Provides a transportation management system (TMS) designed specifically for freight brokers, integrating tools for pricing, service optimization, and gross profit management within a single platform. Enables small and medium-sized brokerages to streamline operations, improve cash conversion, and increase freight volume by offering enterprise-level technology and embedded financial services.
Funding
$24.6M 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
Small and medium-sized freight brokerages often lack access to enterprise-level technology, hindering their ability to compete with larger firms. Existing transportation management systems (TMS) can be complex, expensive, and difficult to integrate with other essential tools, leading to inefficiencies and lost profits. This disparity limits their capacity to optimize pricing, streamline operations, and effectively manage cash conversion.
Solution
MVMNT provides a cloud-native transportation management system (TMS) designed specifically for freight brokers, offering a user-friendly interface and a suite of AI-powered tools to streamline workflows. The platform integrates pricing, service optimization, and gross profit management into a single system, enabling brokers to make informed decisions quickly. MVMNT's TMS automates tasks such as email quoting, carrier sourcing, and customer invoicing, reducing manual data entry and improving accuracy. By offering transparent pricing and eliminating setup fees, MVMNT empowers small and medium-sized brokerages to access advanced technology and compete effectively in the market.
Target Audience
MVMNT primarily targets small and medium-sized freight brokerages seeking to enhance their operational efficiency, improve cash conversion, and increase freight volume through accessible and intuitive technology.
Features
- AI-powered email quoting for accurate and efficient rate generation
- Carrier identity verification and advanced monitoring for enhanced compliance
- Integration with FMCSA data for real-time carrier information
- Load history access for streamlined re-booking and quoting processes
- Advanced reporting dashboard with customizable views and filters
- Automated customer invoicing with real-time synchronization to QuickBooks Online (QBO)
- Batch invoicing and payment processing for efficient accounting workflows
- Carrier sourcing tools to identify and onboard new carriers
- Open API and native EDI support for seamless integration with existing systems
- Document generation for rate confirmations, bills of lading, and invoices