Search company, investor...
Routific Solutions company logo

Routific Solutions

routific.com

Founded Year

2012

Stage

Grant | Alive

Total Raised

$3.55M

Last Raised

$1.36M | 3 yrs ago

About Routific Solutions

Routific is a route optimization solution for last-mile delivery fleets, saving businesses up to 40% on time and fuel.

Headquarters Location

555 West Hastings St. Suite 1410

Vancouver, British Columbia, V6B 4N6,

Canada

Missing: Routific Solutions's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Routific Solutions's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Research containing Routific Solutions

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Routific Solutions in 1 CB Insights research brief, most recently on May 18, 2021.

Expert Collections containing Routific Solutions

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Routific Solutions is included in 1 Expert Collection, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

4,285 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

Latest Routific Solutions News

Global Route Optimization Software Market (2022 to 2027) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts

Jun 1, 2022

News provided by Share this article Share this article The global route optimization software market reached a value of US$ 6.7 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 17.7 Billion by 2027, exhibiting at a CAGR of 17.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor. Route optimization software enables the user to manage and plan delivery routes via robust algorithms. It is efficient, cost-effective, and provides a remarkable user experience compared to manual route planning, which is error-prone and time-intensive. Moreover, it can update already planned routes in real-time, thereby improving driver management and planning for future business challenges. Nowadays, leading players are introducing new route optimization software that minimizes fuel costs and saves time. It integrates digital technology, historical traffic data, weather conditions, and scenario modeling to help identify the fastest, economical, and planned route with multiple stop points. Route Optimization Software Market Trends: Due to digitization and the expansion of business globally, manual route optimization has become more challenging. This represents one of the key factors propelling enterprises around the world to adopt route optimization software as it is efficient, scalable, accurate, flexible, and robust. Apart from this, the escalating demand for online food delivery solutions on account of their convenience, along with the increasing utilization of smartphones and the burgeoning food and beverage (F&B) industry, is bolstering the market growth. In addition to this, food service providers are focusing on improving the accuracy of online orders, simplifying order processing, and providing discount coupons to expand their consumer base. This, in turn, is contributing to market growth. Moreover, small and medium-sized enterprises (SMEs) are relying on route optimization software to increase productivity and improve their customer experience. It also assists in managing driver schedules, available hours, total stops, fulfillment estimates, and legal requirements. Furthermore, rising fuel prices are anticipated to promote the adoption of modern route optimization software to lower operational, fuel, and driver payroll costs significantly. Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players being Caliper Corporation, Environmental Systems Research Institute Inc., Geoconcept SAS, Microlise Telematics Pvt. Ltd., Omnitracs (Solera Holdings Inc.), Ortec B.V., Paragon (Aptean), PTV Planung Transport Verkehr AG (Porsche SE), Route4me Inc, Routific Solutions Inc, Verizon Communications Inc. and Workwave LLC (IFS AB). Key Questions Answered in This Report: How has the global route optimization software market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global route optimization software market? What are the key regional markets? What is the breakup of the market based on the solution? What is the breakup of the market based on the deployment type? What is the breakup of the market based on the organization size? What is the breakup of the market based on the vertical? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global route optimization software market and who are the key players? What is the degree of competition in the industry? Key Topics Covered:

Routific Solutions Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Routific Solutions Rank

Routific Solutions Frequently Asked Questions (FAQ)

  • When was Routific Solutions founded?

    Routific Solutions was founded in 2012.

  • Where is Routific Solutions's headquarters?

    Routific Solutions's headquarters is located at 555 West Hastings St., Vancouver.

  • What is Routific Solutions's latest funding round?

    Routific Solutions's latest funding round is Grant.

  • How much did Routific Solutions raise?

    Routific Solutions raised a total of $3.55M.

  • Who are the investors of Routific Solutions?

    Investors of Routific Solutions include Sustainable Development Technology Canada, FireStarter Fund, Pallasite Ventures and Techstars.

  • Who are Routific Solutions's competitors?

    Competitors of Routific Solutions include Sorted, Onfleet, Deliverr, Cartwheel, OptimoRoute, Route Reports, SimpliRoute, Nuport, Urbantz, Wise Systems and 15 more.

Compare Routific Solutions to Competitors

Locus Logo
Locus

Locus is a deep-tech platform that automates human decisions in the supply chain to provide efficiency, and consistency in logistics operations. The platform uses proprietary algorithms to offer smart logistics solutions like route optimization, real-time tracking, insights, and analytics beat optimization, efficient warehouse management, vehicle allocation, and utilization. Locus also helps companies optimize their end-to-end supply chain network with its strategic consulting offering. The company powers deliveries across Southeast Asia, the Indian Subcontinent, Europe, and North America.

Route4Me Logo
Route4Me

Route4Me provides popular route optimization technology planning software for small businesses, fleets, and independent professionals. It is based in Hackensack, New Jersey.

Onfleet Logo
Onfleet

Onfleet is a B2B software platform for last-mile delivery. Onfleet handles millions of deliveries per month for thousands of businesses globally. The software includes smartphone apps for drivers, a cloud-based dispatch dashboard, automatic customer notifications, analytics, and more. The company was founded in 2015 and is based in San Francisco, California.

Bringg Logo
Bringg

Bringg is a SaaS and mobile-based platform that enables businesses to manage deliveries in an efficient way so that customers receive their deliveries within a reasonable time.

Urbantz Logo
Urbantz

Urbantz is a delivery management platform to optimize and control first and last-mile operations.

Cartwheel Logo
Cartwheel

Cartwheel is an on-demand delivery management software for restaurants and beyond. It helps businesses to launch a delivery program in-house or upgrade their third-party delivery infrastructure. It was founded in 2020 and is based in Los Angeles, California.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.