🚀 Strada Routing: Logistics AI | Drop #25

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🚀 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.

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👇 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

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