The Routing Company

company

About

The Routing Company provides turnkey fleet management solution for on-demand shared cars, shuttles and buses.

  • 1 - 10

Details

Last Funding Type
Series A
Last Funding Money Raised
$15M
Industries
Artificial Intelligence,Automotive,Software
Founded date
Oct 1, 2018
Number Of Employee
1 - 10
Operating Status
Active

The Routing Company makes an end-to-end platform enabling operators of shuttles and buses to offer on-demand, dynamically routed transportation service. Targeting the projected $30b high-capacity mobility-as-a-service market and capitalizing on the decline of car ownership and the widespread adoption of e-hailing, Routable enables a new low-cost, highly efficient and ultra-convenient transportation option to commuters, fleet operators, and corporations.

Borne from 5 years of PhD research at MIT, Routable AI employs patent-pending routing algorithms and AI that offer a 10x advantage over current routing methodologies. Routable’s platform has been shown to reduce fleet sizes by as much as 80% simply due to more efficient routing and optimization.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$15M
The Routing Company has raised a total of $15M in funding over 2 rounds. Their latest funding was raised on Mar 21, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 21, 2022 Series A $15M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
The Routing Company is funded by 1 investors. SYSTEMIQ are the most recent investors.
Investor Name Lead Investor Funding Round
SYSTEMIQ Series A