NextBillion.ai provides high-performance Route Optimization and Distance Matrix APIs for large-scale logistics operations. These APIs enable users to solve complex routing problems with over 50 hard and soft constraints, including truck-specific routing. The platform delivers low-latency ETAs and optimized routes for thousands of stops, helping businesses reduce operational costs and manual scheduling time.
Funding
$34.3M 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
Logistics companies face challenges in optimizing multi-stop delivery routes due to high API costs from existing providers and the complexity of incorporating real-world operational constraints. Inefficient route planning leads to increased operational costs, missed delivery windows, and difficulties in scaling operations to meet fluctuating demand.
Solution
NextBillion.ai offers a suite of route planning APIs designed to optimize multi-stop delivery routes while managing costs and improving efficiency. The platform allows logistics companies to incorporate over 50 operational constraints, including truck-specific restrictions, custom maps, and real-time traffic data, to generate accurate ETAs and distances. By offering flexible pricing models based on orders or vehicles, NextBillion.ai enables businesses to avoid the unpredictable costs associated with pay-per-call APIs. The platform's low-latency endpoints can solve large routing problems with thousands of stops in seconds, reducing manual route editing and improving overall operational efficiency.
Target Audience
The primary target audience includes logistics companies, trucking firms, last-mile delivery services, field service organizations, and mobility providers seeking to optimize their routing and dispatch operations while controlling API costs.
Features
- Route Optimization API: Generates efficient routes for drivers and field service agents, considering 50+ constraints and custom travel costs.
- Distance Matrix API: Provides accurate transit ETAs and distances between all origins and destinations with a low-latency endpoint, supporting matrix sizes up to 5000x5000.
- Directions API: Computes the shortest or fastest route between an origin and a destination for cars, motorcycles & trucks, considering real-time & historical traffic data and allowing to avoid tolls, highways and sharp turns.
- Truck-safe routing: Generates routes compliant with trucking regulations, considering vehicle dimensions and hazardous materials.
- Flexible pricing: Offers pricing models based on the volume of orders or the number of vehicles/agents, in addition to traditional API call-based pricing.
- Mapfusion: Allows to tailor and control the quality of routes by swapping in new map data depending on what works best for a given territory or routing problem.
- Integrations: Integrates with telematics and ERP systems to add advanced routing and dispatch capabilities.
- On-premise deployment: Offers on-premise deployment for customers who want to take full control of their maps and routing.