Transmetrics, founded in 2013, is a Bulgarian-based company that leverages AI and Machine Learning to enhance logistics operations for service providers and trucking companies. Their innovative platform blends human expertise with AI capabilities to optimize transport planning, significantly improving operational efficiency and sustainability.
Specializing in predictive analytics, Transmetrics offers unprecedented accuracy in forecasting transport flows. This capability allows its clients to achieve up to a 10% reduction in transport costs, a 14% increase in fleet utilization, and a 12% decrease in fleet size without compromising service quality. These achievements contribute to substantial ecological and economic benefits, demonstrating Transmetrics' unique positioning in the logistics sector.
The company recently secured a €1.70M grant investment from NextGenerationEU in September 2023 under the European Union's funding initiatives, underscoring its potential for impact and growth.