Manifold Freight
Company Overview
Manifold Freight, formerly known as Spot Bot, is a Seattle-based company operating in the B2B supply chain and logistics industry. The company is committed to revolutionizing spot freight procurement for carriers, brokers, and shippers. Manifold Freight is designed to streamline freight operations and redefine cost structures through innovative software solutions.
Services
Manifold Freight offers a suite of services tailored to the freight logistics industry. These include aggregating shipment opportunities from various shipper and brokerage sources into a single location. Their specialized software automates the spot procurement process, ensuring no data entry mistakes and no missed opportunities. The platform also builds tenders automatically, enhancing existing TMS systems without requiring long data migrations.
Products
The inaugural product of Manifold Freight significantly reduces empty miles and increases revenue for users. The platform aggregates, integrates, and enhances existing shipment data, thereby optimizing logistics and operations. This product has helped the company achieve $3,100 in monthly revenue within two months of its launch.
History and Growth
Manifold Freight was part of Y Combinator's Winter 2024 batch and operates within the United States and Canada. Despite having a small team of 2, the company has made substantial strides in the freight logistics industry. Within months of its launch, Manifold Freight achieved notable revenue and continues to address the inefficiencies in a $100+ billion industry.
Market and Impact
Manifold Freight operates in a large, $100+ billion industry, aiming to streamline logistics operations and reduce unnecessary costs. The company's automated solutions provide more margin for businesses and eliminate bad loads. By reducing empty miles, Manifold Freight enhances revenue and improves operational efficiency for carriers, brokers, and shippers.