🚀 Strada Routing: Logistics AI | Drop #25

🔒 This is a free DailyDropout.FYI issue. Enjoy!

🔥 A. Free Clubhouse Invites!

We are giving away 10 Clubhouse invites! Simply respond to this email, and we’ll send it over.

🚀 B. This week’s startup

Truckers can drive 600–650 miles per day. Who’s routing all of their stops? This week’s startup created an AI/ML platform to connect the dots.

⚾ The Elevator Pitch:

The global trucking market is valued at $1.1 trillion. That’s huge.

Traveling Salesman Problem Visualization on Make a GIF
Background Image

👇 The Drop Down

Site: http://stradarouting.com/
School: Harvard
Founded: 2020
Stage: Seed
Tech trend: Logistics
Traction: Deep developed connections, several record-breaking routes optimized
Team — Harvard 2022; Computational and Applied Mathematics
Landon Smith — Founder

🔍 Paolo’s Analysis

  1. 🛠️ Unparalleled value
    The real-world benefits of reducing cost, saving time, and lowering GHE’s are a showstopper for anyone who has been following the transportation industry.
  2. 💰 High complexity, high reward:
    Mitigating travel risk, balancing demand, and optimizing routes are useful in several emerging logistics verticals. Top-of-mind verticals are last-mile delivery, grocery, and long-haul applications.
  3. 📈 Impact beyond efficiency:
    Requiring zero or “minimal” capital expenditure to implement, Strada exemplifies the term “software eating the world”. Without the need of upgrading a carrier fleet, Strada makes it possible for transportation companies to test, learn, and implement at low risk and cost. Imagine operating a large trucking fleet and being able to save tens of millions of dollars, which could be diverted into expenditures on autonomous fleets.

💡 Founders Corner

🤝 Want more?

C. 🐦 DailyDropout.FYI Twitter

We have a Twitter account. Follow our account for startup updates, Drop notifications, giveaways, and more.

Upgrade an inbox. Forward this issue to a friend!

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
DailyDropouts.FYI

DailyDropouts.FYI

Startup newsletter that sends bite-sized updates about the coolest student startups once a week.