Routific

Routific

Intelligent route optimization for growing delivery businesses. Plan, optimize, & track deliveries all in one platform.

Founded 2012 Canada

Canada 31 employees Venture round Total: $3.02M Logistics, SaaS +2

Routific is a Canadian-based startup founded in 2012 that offers an intelligent logistics platform specializing in route optimization for last-mile delivery fleets. The company's slogan "Intelligent route optimization for growing delivery businesses" encapsulates its core mission. Routific's proprietary algorithm not only enhances the efficiency of delivery routes but also leads to significant cost savings. Their ability to save businesses up to 40% on time and fuel sets them apart in the market. Moreover, they offer a seamless user experience that further establishes their position as a leading solution in the industry. The startup has garnered notable attention from investors, including Techstars Chicago, Pallasite Ventures, Firestarter Fund, and Axiom Zen. Their latest injection of funding, a $1.00M Venture Round investment on 04 June 2024, indicates sustained support and interest from the investment community. Notably, their recent investment from SCALE AI, Canada's AI Global Innovation Cluster underscores their relevance in the evolving landscape of AI and technology. Routific operates within the realms of Logistics, SaaS, Transportation, Logistics and Delivery, aligning with the current trends in the tech industry. With a strong foundation, innovative approach, and backing from prominent investors, Routific stands as a compelling player within the logistics and delivery sector, poised for further growth and success.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	$1.00M	1	SCALE AI \| Canada's AI Global Innovation Cluster	04 Jun 2024
Grant	$1.80M	1	Sustainable Development Technology Canada	22 Aug 2019
Non Equity Assistance	Undisclosed	1	Creative Destruction Lab	11 Oct 2017
Seed Round	Undisclosed	3	FireStarter Fund, Pallasite Ventures +1	24 Feb 2016
Pre Seed Round	$218.00K	2	Right Side Capital Management, Techstars	10 Jul 2015

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

$1.00M

SCALE AI | Canada's AI Global Innovation Cluster

04 Jun 2024

Grant

$1.80M

Sustainable Development Technology Canada

22 Aug 2019

Non Equity Assistance

Undisclosed

Creative Destruction Lab

11 Oct 2017

Seed Round

Undisclosed

FireStarter Fund, Pallasite Ventures +1

24 Feb 2016

Pre Seed Round

$218.00K

Right Side Capital Management, Techstars

10 Jul 2015

FAQ About Routific

Intelligent route optimization for growing delivery businesses. Plan, optimize, & track deliveries all in one platform.

Routific was founded in 2012.

Routific is headquartered in Canada.

Routific operates in Logistics, SaaS, Transportation and Logistics and Delivery. Its work centres on route optimization, API, startups and courier. Its customers include Delivery businesses, Logistics companies and Fleet management operations.

Routific has approximately 31 employees.

Routific has completed 5 funding rounds, raising a total of $3.02M. The latest funding stage is Venture round.

Routific offers: Route optimization software, Real-time tracking and delivery management, AI-powered algorithms for efficient routing.

Top alternatives and competitors to Routific include Track-POD, MyRouteOnline Route Planner, Elite EXTRA an Epicor solution, VONZU Tech , DriveYello. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Routific and Track-POD are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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FAQ About Routific