Member - Tracks GmbH

The road freight industry is the backbone of our economy with continuously growing volumes of goods transported by trucks. But it is also responsible for 6% of the European CO2 emissions. Despite the fact that fuel consumption accounts for more than 30% of the costs of a truck fleet operator, fuel management and optimization is often neglected because of missing transparency. Tracks is a Berlin-based startup founded in 2018 aiming to make road freight more efficient, safer, cleaner and fairer. After starting off with the advances of platooning, our team now leverages the power of artificial intelligence and big data to help the industry reduce their environmental footprint and increase efficiency. Thereby we are getting closer to our vision of a future powered by sustainable freight transport. We use artificial intelligence to analyze fleet performance to provide fleet owners of any size with real-time performance analytics to empower road freight companies to increase fuel efficiency to reduce their energy consumption and ecological footprint. This includes advanced performance analysis of single vehicles, transparent efficiency comparison between vehicles and recommendations tools with actionable insights to increase efficiency of their fleets and help them make better decisions, all in a single-view dashboard. This significantly improves the customers’ bottom line and strengthens their competitive advantage in the market. Furthermore, Tracks enables effective CO2 emissions management to increase transparency and sustainability for shippers. This includes automated carrier emissions reporting, transparent overview of their performance and advanced performance analysis of single vehicles. A win-win for shippers and their road freight carriers. Series A Fundraising We are raising €6m in Series A to strengthen our position in DACH and to expand sales and operations throughout Europe in 2022/23.