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Objective Logistics developed specialized software solutions to optimize operational efficiency and enhance customer engagement for businesses in the restaurant and retail sectors. The company focused on delivering data-driven insights and tools that enabled clients to streamline workforce management, improve sales performance, and elevate the overall guest experience through intelligent resource allocation and predictive analytics.
The company was co-founded in 2009 by Philip H. Beauregard, Dan Velcea, and Matthew R. Grace. Their collective insight stemmed from recognizing significant inefficiencies in staff scheduling and demand forecasting within high-volume service environments, leading them to build a platform that intelligently addressed these challenges for more effective operations.
Objective Logistics served a diverse clientele across the restaurant and retail industries, providing sophisticated tools to manage labor and optimize service delivery. The company's overarching vision was to empower these businesses with actionable intelligence, fostering improved operational fluidity and ultimately driving sustained success by ensuring exceptional service and maximized revenue potential.
Objective Logistics has raised $8.5M across 3 funding rounds.
Objective Logistics has raised $8.5M in total across 3 funding rounds.
Objective Logistics has raised $8.5M in total across 3 funding rounds.
Objective Logistics's investors include Jeff Fagnan, Accomplice VC, Craft Ventures, CRV, Foundation Capital, General Catalyst, Matrix, NextView Ventures, The Engine, Google Ventures, Rich Miner, Canary Ventures.
Objective Logistics was a Boston-based technology company founded in 2009 that developed software in computer software, engineering, analytics, and logistics sectors. It generated $6.4 million in annual revenue, raised $8 million in funding, and employed a small team before its acquisition by Bit9, Inc. in June 2015[1]. The company served businesses in freight, logistics, big data, and transportation, likely addressing optimization challenges in supply chain analytics and engineering software, though specific product details are limited post-acquisition[1].
As a portfolio-style startup in the logistics tech space, it demonstrated early growth momentum with significant funding and revenue, positioning it as an innovator before integration into Bit9's operations[1].
Objective Logistics emerged in 2009 in Boston, Massachusetts, at 109 Kingston St., focusing on software for analytics, engineering, and freight logistics[1]. Little public information exists on its founders or precise idea origins, but it quickly gained traction, securing $8 million in funding and scaling to $6.4 million in revenue with technologies like G Suite, ASP.NET, and Gmail integrated into its stack[1].
A pivotal moment came in June 2015 when Bit9, Inc. acquired the company, as reported by Fortune, marking the end of its independent operations and likely integrating its logistics analytics capabilities into Bit9's cybersecurity and endpoint protection portfolio[1].
Objective Logistics rode the early 2010s wave of big data and analytics in logistics, a precursor to today's AI-driven platforms like route optimization and real-time tracking seen in leaders such as Oracle Cloud Logistics and Uber Freight[1][2]. Its timing aligned with rising demand for software to handle complex supply chains, influencing the ecosystem by contributing analytics tools that prefigured modern trends in TMS (Transportation Management Systems) and WMS (Warehouse Management Systems)[2][4].
Market forces like globalization and e-commerce growth favored such innovators, and its 2015 acquisition by Bit9 exemplified how logistics tech merged with enterprise software, paving the way for integrated solutions amid disruptions like those later amplified by pandemics[1][7].
Post-2015 acquisition, Objective Logistics no longer operates independently, with its technology absorbed into Bit9 (now part of Carbon Black/VMware), ending its standalone trajectory[1]. Looking ahead, its legacy endures in the logistics tech boom—trends like AI automation, IoT tracking, and predictive analytics will shape similar startups, potentially evolving its contributions through Bit9's endpoint security integrations for supply chain data protection[2][4][7].
As an early player, it underscores how nimble analytics firms fuel ecosystem growth, tying back to its roots as a Boston innovator that scaled efficiently before strategic exit.
Objective Logistics has raised $8.5M across 3 funding rounds. Most recently, it raised $5.0M Series A in July 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2013 | $5.0M Series A | Jeff Fagnan | Accomplice VC, Craft Ventures, CRV, Foundation Capital, General Catalyst, Matrix, NextView Ventures, The Engine, Google Ventures |
| Nov 30, 2011 | $1.5M Other Equity | Jeff Fagnan, Rich Miner | Canary Ventures, NextView Ventures |
| Nov 1, 2011 | $2.0M Seed | Accomplice VC, Craft Ventures, CRV, Foundation Capital, General Catalyst, Matrix, NextView Ventures, The Engine |