Loading organizations...
Loading organizations...
Solvo.ai has raised $4.0M across 1 funding round.
Solvo.ai has raised $4.0M in total across 1 funding round.
Solvo.ai has raised $4.0M in total across 1 funding round.
Solvo.ai's investors include Cambridge Innovation Capital, Frontline Ventures.
Solvo.ai is a technology company specializing in AI-driven price optimization for the freight forwarding and logistics industry. Its core product is a Price Optimisation Engine that leverages artificial intelligence combined with human expertise to help freight forwarders and logistics companies make efficient, profitable, and confident pricing decisions at scale. The solution analyzes historical data, market trends, and customer behavior to generate dynamic pricing recommendations that adapt in real-time to market changes, helping clients protect profit margins and improve yield performance. Solvo.ai serves global logistics companies, integrating its AI models via APIs into customers’ existing systems to enhance pricing strategies for both ocean and air freight sectors. Since its launch, the company has rapidly grown its data coverage and model sophistication, training on millions of TEUs and metric tons of cargo data to deliver robust, scalable pricing intelligence[1][2][3][6].
Founded in 2021, Solvo.ai emerged from the recognition of a significant untapped potential for AI to optimize and bring resilience to strategic decision-making in freight forwarding. The company’s name, derived from the Latin “to solve,” reflects its mission to address complex pricing challenges in logistics. The founding team includes Gaurav Bajaj, a mechanical engineer and MBA with a passion for human-machine collaboration; Dr. Dongho Kim, a serial tech entrepreneur and machine learning expert; and Daniel Bataller, a logistics veteran with experience scaling Freightos to a Nasdaq listing. Their combined expertise in AI, logistics, and startup scaling has driven Solvo.ai’s evolution from concept to a robust AI-powered pricing engine used by top global logistics players[1][3][2].
Solvo.ai rides the growing trend of applying AI and machine learning to complex supply chain and logistics challenges, particularly in pricing and decision intelligence. The timing is critical as the freight forwarding industry faces increasing market volatility, complexity, and the need for agility post-COVID. Traditional pricing methods struggle to keep pace with rapid market shifts, creating demand for intelligent, adaptive solutions. Solvo.ai’s technology addresses these market forces by enabling freight forwarders to optimize margins, improve utilization, and reduce revenue leakage through data-driven pricing. This not only enhances operational efficiency but also contributes to a more resilient and sustainable logistics ecosystem by aligning pricing strategies with real-time market dynamics[1][7][8].
Looking ahead, Solvo.ai is poised to expand its influence by deepening AI capabilities and broadening its product suite to cover more aspects of freight forwarding decision-making. Trends such as increased digitization of logistics, growing demand for real-time data insights, and the push for sustainability will shape its journey. The company’s focus on combining human expertise with AI positions it well to lead innovation in pricing intelligence, potentially evolving into a comprehensive decision intelligence platform for logistics. As market complexity grows, Solvo.ai’s role in enabling smarter, faster, and more profitable decisions will likely become increasingly vital, reinforcing its mission to transform global freight forwarding through practical AI[1][3][8].
Solvo.ai has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in October 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2022 | $4.0M Seed | Cambridge Innovation Capital, Frontline Ventures |