SemiCab

“When we look at January that we just finished we were somewhere in the, in excess of eleven million analyzed, right? So a good 25 to 30 X growth during this period.”

“We like to target the lower end of 12 and a half to 15% on that on that revenue that we bring in.”

“We have a fairly unique business model in that we We don't go for transactional pricing and dynamic pricing that pretty much everybody in the digital freight space is bringing in.”

“Yeah, we started bringing on customers at the end of 2020, and we have eight customers that we have brought on during this time.”

“So out of the 1200 that have joined the platform, we have actively used 700 during our lifetime till this point.”

“So for example, a truck in a week would drive 2800 miles and get paid for less than 2000 miles. We use it for about 2500 miles. So those 500 additional miles generate, let's say, 12 to 1500 dollars in additional revenue. We take a part of that. So we don't mak…”

“In our case, we have to be, we have been able to maintain a good 99% plus load acceptance rate with every single one of our customers. Industry standard out there is somewhere between 50 and 70%.”

“Customers are large enterprises like Staples and PepsiCo Colgate, HP some of the smaller midsize companies that are always looking to move goods in a truckload, full truckload.”

“We have not raised institutional capital till now. So we have raised capital from all kinds of professionals, from the supply chain space, from the technology and finance space.”

“We try to be very targeted in how we bring in partners into the ecosystem, so we have about 1200 carriers, but we try to create a very long-term relationship with them”

“Where we go is we don't really specifically go and try to find supply from the small to midsize carriers or owner operators. We want to bring in the mid to large carriers because we are trying to create a virtual dedicated fleet in there.”

“So that was below fifteen million when we did the price round in the end of 20 20.”