Last deal

$617.3K
Local Amount - GBP 500K

Amount

Venture - Series Unknown

Stage

09.09.2019

Date

1

all rounds

$617.3K

Total amount

General

About Company
The Algorithm People specialize in fleet optimization and decarbonization services for the transportation industry.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2019

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Their AI-driven algorithms help increase vehicle utilization, reduce costs, and cut emissions, making the planning process quicker and more efficient. They also identify suitable vehicles and routes for electric and low emission vehicles, maximizing return on investment. Founded in 2019 and based in Newcastle upon Tyne, UK, The Algorithm People assist commercial vehicle operators in operating more efficiently.