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TNX Logistics

FOUNDED : 2016

LOCATION : Europe, Germany

TEAM SIZE : 2-10

SOLUTION MATURITY : Startup

FUNDING ROUND : Seed

Core functionality
Logistics Procurement
Additional functionality
Niche Category Specific
Description

TNX Logistics is an early stage German startup providing a data science platform for purchasing of spot road transportation requirements, serving logistics procurement.

The platform leverages data and behavioural science to optimise freight costs and places a strong emphasis on ease-of-use. It provides carrier profiling, load bundling, price predictions, smart tendering, a white label carrier portal, carrier representative playbook, and a powerful analytics solution.

TNX’s AI solution combines statistical ML and AI with symbolic AI: the first extracting patterns and insights from large amounts of data and the latter focusing on ‘humanising’ the results and presenting those in a concrete way, which can be used mostly for bundling requirements.

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