Rectangle provides modern technology solutions to address persistent data challenges within the supply chain industry. The platform simplifies the movement of tracking, shipment, and customs data, replacing manual processes like copy-pasting. This approach aims to lower operational costs associated with legacy systems and unreliable EDI integrations.
Funding
$750K 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
Freight operations teams spend a significant amount of time on repetitive, manual tasks such as data entry, shipment tracking, and updating various systems. This reliance on manual processes leads to inefficiencies, increased operational costs, and reduced focus on revenue-generating activities. The lack of seamless integration between different platforms further exacerbates these challenges.
Solution
Rectangle is an automation platform designed to streamline freight operations by automating repetitive tasks and integrating with existing systems. The platform eliminates the need for manual data entry by connecting to over 100 transportation management systems (TMS), freight management systems (FMS), and enterprise resource planning (ERP) platforms. By automating workflows such as scheduling pickups, uploading documents to carrier portals, and submitting delivery exceptions, Rectangle frees up operations teams to focus on customer service, building client relationships, and other high-value activities. The platform's seamless integrations and automation capabilities boost productivity, improve margins, and enhance customer satisfaction.
Target Audience
Rectangle primarily targets freight brokers, freight forwarders, carriers, shippers, and third-party logistics (3PL) providers seeking to automate their freight operations and improve efficiency.
Features
- Automated data entry across multiple systems, eliminating manual input and reducing errors
- Integration with over 100 TMS, FMS, and ERP platforms via secure AES-256 encryption
- Workflow automation for tasks such as scheduling pickups, updating shipper portals, and submitting delivery exceptions
- Real-time shipment tracking and visibility across different platforms
- Customizable automation rules to adapt to specific operational needs
- Automated document processing and uploading to carrier portals
- Automated exception management and alerts for potential issues
- Integration with ELD providers like Samsara and Motive for real-time driver location and status updates