About Wakeo

Wakeo offers a real-time visibility platform for multimodal transport flows, utilizing machine learning algorithms to provide predictive ETAs and actionable data. This technology enables businesses to proactively manage delays, optimize transport plans, and reduce costs associated with demurrage and detention by up to 50%.

```xml <problem> Many businesses lack real-time visibility into their multimodal transport flows, leading to reactive management of delays and increased costs associated with demurrage, detention, and inefficient transport planning. The complexity of global supply chains, involving various modes of transport and numerous data sources, makes it difficult to obtain a single, accurate view of shipment status and estimated arrival times. </problem> <solution> Wakeo provides a real-time visibility platform that aggregates data from multiple sources to offer predictive ETAs and actionable insights for multimodal transport flows. Using machine learning algorithms, the platform proactively identifies potential delays, enabling businesses to optimize transport plans and reduce costs. Wakeo integrates with existing TMS and ERP systems, providing a single source of truth for shipment data and facilitating data-driven decision-making. The platform's capabilities extend beyond basic tracking to include intelligent analytics and carbon footprint calculations, empowering businesses to build resilient and sustainable supply chains. By providing a comprehensive view of the entire transport process, Wakeo enables businesses to improve customer satisfaction, reduce working capital, and optimize transport costs. </solution> <features> - Real-time tracking of multimodal shipments across sea, air, road, rail, and barge in over 180 countries - Predictive ETAs powered by machine learning algorithms - Intelligent analytics to identify performance bottlenecks and optimize transport plans - Carbon footprint calculator to measure and reduce transportation emissions - Trusted Routes feature providing reliability scoring for different trade lanes - Seamless integration with existing TMS, ERP, and other IT systems through APIs - Customizable alerts and notifications for proactive delay management - Secure data storage and access controls </features> <target_audience> Wakeo's primary customers include shippers and freight forwarders seeking to improve supply chain visibility, reduce costs, and enhance customer satisfaction. </target_audience> <revenue_model> Wakeo generates revenue through subscription fees based on the features used and the volume of shipments tracked. </revenue_model> ```

What does Wakeo do?

Where is Wakeo located?

Wakeo is based in Paris, France.

When was Wakeo founded?

Wakeo was founded in 2016.

How much funding has Wakeo raised?

Wakeo has raised 32630000.

Location

Paris, France

Founded

2016

Funding

32630000

Employees

70 employees

Major Investors

Statkraft Ventures

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Wakeo

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Executive Summary

wakeo.co 5K+

Crunchbase

Founded 2016 – Paris, France

Funding

Estimated Funding

$20M+

Major Investors

Statkraft Ventures

Team (50+)

No team information available.

Company Description

Problem

Many businesses lack real-time visibility into their multimodal transport flows, leading to reactive management of delays and increased costs associated with demurrage, detention, and inefficient transport planning. The complexity of global supply chains, involving various modes of transport and numerous data sources, makes it difficult to obtain a single, accurate view of shipment status and estimated arrival times.

Solution

Wakeo provides a real-time visibility platform that aggregates data from multiple sources to offer predictive ETAs and actionable insights for multimodal transport flows. Using machine learning algorithms, the platform proactively identifies potential delays, enabling businesses to optimize transport plans and reduce costs. Wakeo integrates with existing TMS and ERP systems, providing a single source of truth for shipment data and facilitating data-driven decision-making. The platform's capabilities extend beyond basic tracking to include intelligent analytics and carbon footprint calculations, empowering businesses to build resilient and sustainable supply chains. By providing a comprehensive view of the entire transport process, Wakeo enables businesses to improve customer satisfaction, reduce working capital, and optimize transport costs.

Features

Real-time tracking of multimodal shipments across sea, air, road, rail, and barge in over 180 countries

Predictive ETAs powered by machine learning algorithms

Intelligent analytics to identify performance bottlenecks and optimize transport plans

Carbon footprint calculator to measure and reduce transportation emissions

Trusted Routes feature providing reliability scoring for different trade lanes

Seamless integration with existing TMS, ERP, and other IT systems through APIs

Customizable alerts and notifications for proactive delay management

Secure data storage and access controls

Target Audience

Wakeo's primary customers include shippers and freight forwarders seeking to improve supply chain visibility, reduce costs, and enhance customer satisfaction.

Revenue Model

Wakeo generates revenue through subscription fees based on the features used and the volume of shipments tracked.