What is Datatrac?
Datatrac specializes in optimizing scheduled, routed, and on-demand shipments, serving a diverse clientele including couriers, carriers, freight forwarders, and customs brokers. Leveraging over 45 years of industry experience, the company's flagship platform, DatatracWeb, provides critical real-time visibility and a suite of customizable features designed to streamline complex logistics operations. Complementing its web-based services, Datatrac offers robust mobile solutions that empower drivers with essential tools for order management and communication, thereby enhancing last-mile delivery efficiency. The company's scalable technology infrastructure and innovative add-on services are engineered to help businesses achieve greater operational efficiency and elevate their customer service standards.
How much funding has Datatrac raised?
Datatrac has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Datatrac?
The company's large-scale late-stage funding context suggests a strategic phase focused on scaling operations, expanding market reach, and potentially integrating new technologies to maintain its competitive edge in the logistics sector. This capital infusion is likely to fuel further development of its platform, enhance its mobile capabilities, and strengthen its position against emerging competitors. Datatrac's continued investment in innovation and customer-centric solutions positions it for sustained growth and leadership in the evolving logistics technology landscape.
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