Rose Rocket provides transportation management software solutions for freight brokers, enterprise companies, and 3PL providers.

Rose Rocket

Rose Rocket is a provider of modern trucking and logistics software that helps today’s businesses operate more efficiently internally within their teams, and externally within their freight network.

The Rose Rocket Platform replaces what companies traditionally look to a TMS (Transporation Management System) to solve for, without the upfront investment or change-management risk.

Rose Rocket tackles the most prominent problems within a trucking and logistics business, one by one, helping companies increase revenue, improve margins or cut costs.

Start by automating your order entry, giving your customers more visibility, or improving your dispatch experience to drivers or carriers.

Rose Rocket is a venture-backed alumni company of Y-Combinator, and is headquartered in Toronto, Canada.

Y Combinator

Ripple Ventures

Kevin Mahaffey

Addition

ScaleUP Ventures

Shine Capital

FundersClub

Addition Capital

Scale Venture Partners

🚛 What’s Your Transportation Business’s Secret Sauce?

Every business has a unique edge—the “secret sauce” that sets it apart. But turning those unique strengths into real, repeatable results is where many companies hit a roadblock. 

Our new eBook, “The Power of the 20% in Transportation,” is here to help you uncover and leverage that competitive edge to boost your business.

🌟 In this eBook, you’ll discover:
- How to find the 20% of your business that drives 80% of your success
- Practical strategies to leverage your differentiators and stand out in the industry
- Real examples from transportation companies that have perfected their differentiators

It’s all about focusing on what truly matters and amplifying what you do best. Ready to dive in?

👉 Download the eBook: https://lnkd.in/gMNjQ-Yr

#transportation #logistics #businessgrowth #businessstrategy #innovation #roserocket

Could your next TMS... not be a TMS at all? 🛑

The transportation industry is changing rapidly, and with it, the tools we rely on need to evolve too

Traditional TMS systems have served us well, but today’s challenges require more flexibility, speed and control over customizations without relying on external assistance.

Our latest eBook, Why Your Next TMS Isn’t a TMS at All, explains why it’s time to upgrade your thinking—and your software—by taking a closer look at how the market is shifting and what that means for your operations.

In this guide, we explore: 
📊 The emerging trends reshaping transportation management. 
🔄 Why adaptability and customization are becoming essential. 
🛠️ What to prioritize when selecting your next solution.

The future isn't about feature stacking; it's about giving you control over your software. Click here to learn more and download our free eBook: https://lnkd.in/gR9FdZvy

The FMCSA is expected to propose new regulations that could significantly impact property carriers and brokers:

Electronic Transaction Records:
Brokers will need to provide electronic transaction records within 48 hours, enhancing transparency and streamlining access to vital information.

Protection of Carrier Rights:
Brokers will be prohibited from coercing carriers to waive their rights to access transaction records, ensuring fair practices and protecting carrier rights.

Why This Matters to You:

🔍 Enhanced Transparency:
Timely access to electronic records will improve your ability to monitor and verify transactions, ensuring accuracy and transparency in your operations.

🛡️ Protection of Rights:
These regulations will safeguard carriers' rights, fostering a fairer and more trustworthy environment in broker interactions.

⚙️ Operational Efficiency:
Quicker access to records will reduce administrative burdens, allowing you to focus on strategic tasks that drive efficiency and productivity.

Read more about these upcoming changes here: https://www.fmcsa.dot.gov/

How are you preparing for these regulatory changes?

#Transportation #Logistics #Compliance #FMCSA #Regulations #OperationalEfficiency #Transparency #CarrierRights

🚚 Truck Driver Shortage: What You Need to Know 🚚

The truck driver shortage is real and it's only getting worse, expected to double by 2028. Here’s what we’re seeing: 

🔍 Key Insights:
1) Young Drivers Scarce: Less than 12% are under 25.
2) Aging Workforce: Many drivers are 55+ and nearing retirement.
3) Gender Imbalance: Women make up less than 6% of drivers.

💡 What Can We Do?
1) Attract Youth: Partner with schools and create appealing campaigns.
2) Make the Job Attractive: Offer better schedules, amenities, and modern tech.
3) Promote Diversity: Host job fairs focused on women and support networks.
4) Retain Talent: Provide flexible work and wellness programs.

How are you tackling the driver shortage and fostering a diverse workforce? 

#Transportation #Logistics #TruckDrivers #Workforce #Diversity #Inclusion

🚛 The Bold Truth: Your Next TMS Isn’t a TMS at All! 🌟

Over 67% of transportation professionals are dissatisfied with their current TMS due to implementation challenges, inflexibility, and manual processes!

The transportation industry is evolving, and adaptability is crucial. With the rise of e-commerce, new regulations, and technological advancements, companies face immense pressure to stay compliant and competitive. 🚛📦

Dive into the full article on FreightWaves to see why it's time to expect more from your transportation software.

🔗 Read the full article on FreightWaves: https://lnkd.in/g3Suw5du

#Transportation #Logistics #Innovation #RoseRocket #FreightWaves #FutureProof #TMS #SupplyChain

🔧 Enhancing IT Infrastructure with Visibility 🔭

Visibility is key to unlocking the full potential of your IT systems. 

Our e-book, "Altitude, Apertures & APIs," explores how APIs and event-driven architectures can integrate your tech stack, providing seamless data flow and real-time updates. 

Doubling the impact: refining operations and improving customer experience.

Explore the power of integrated systems: https://lnkd.in/gbkR3Mm2

#IT 
#CIO
#TechInnovation
#APIs

🚀 Reminder: Rose Rocket Academy is here for you! 🚀

Unlock the full potential of our Platform with expert-led training at Rose Rocket Academy. From high-level overviews to detailed, step-by-step tutorials, we cover everything you need to know to run and grow your business.

🚀 Why Rose Rocket Academy? 

Whether you're new to Rose Rocket or looking to expand your skills, our academy offers something for everyone.

Click here to get started: https://lnkd.in/gp2u6XsQ

#RoseRocket #TransportationSoftware #RoseRocketAcademy #BusinessGrowth #Logistics

🎆 Happy 4th of July! 🇺🇸

To all the carriers, brokers, and shippers who work tirelessly to keep our nation moving, we salute you. 

Whether you're on the road or celebrating with family, your dedication and hard work are what make our industry great.

Have a fantastic and safe Independence Day! 🚛✨ #4thOfJuly #IndependenceDay

Have you considered buying or selling a transportation business?

In this episode, Justin Bailie, Co-founder of Rose Rocket, sits down with Meghan Meurer, Chief Commercial Officer at Tenney Group, to discuss mergers and acquisitions for transportation businesses. Here are three key takeaways for anyone considering M&A in the transportation industry:

1️⃣ Understanding the M&A Market: Meghan highlights the recent trends in the M&A market, emphasizing the importance of scalability and profitability for asset light operations. With an uptick in activity, it's crucial for companies to be aware of buyer profiles and market dynamics to make informed decisions.

2️⃣ Deal Structure Matters: The value of a business isn't solely determined by revenue or EBITDA multiples. The structure of the deal, including contingent considerations and risk-sharing mechanisms, plays a significant role in maximizing the value of a transaction. Buyers and sellers need to focus on de-risking the deal to ensure a smoother and more profitable outcome.

3️⃣ Educate Yourself: Succession planning and preparing for a potential sale require education and strategic planning. Meghan stressed the importance of starting the educational process early, engaging with advisory groups, and considering creative ways to transfer ownership or equity within the business.

If you're interested in learning more about M&A in the transportation industry and gaining insights from a seasoned professional like Meghan, be sure to listen to the full episode of Freight Famous.

Watch the video podcast here or listen to the audio on any podcast platform: https://lnkd.in/gaD7KVHh

Spotify: https://lnkd.in/gitusdCH

Apple: https://lnkd.in/gKw3NcBz

#FreightFamous #TruckingIndustry #BusinessAdvice #MergersAndAcquisitions #SupplyChainIndustry #PodcastEpisode

Rose Rocket Truck Driver

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Business Management

Alexander Luksidadi

Justin Bailie

Mike Betts

VP Engineering

Ian Logan

Sales and Support

Andrew Hatch

Gabi Pirraglia

Director, Revenue Operations

Gaetano Colacci

Creative Director

Jonathan Truong

Director of Sales

Lucas Luxton

Finance and Administration

Matthew Cimino

President, Co-Founder

Justin Hein

Product Manager

Chief Operating Officer

Justin Sky

CEO and Co-Founder

CTO, Co-Founder

Computer Companies With More Than $1M in Revenue (Top 10K)

Transportation Companies With Fewer Than 1000 Employees (Top 10K)

Software Companies with Early Stage Venture Funding

Toronto Companies With More Than $10M in Revenue

RoseRocket is order management software for transportation companies. The company helps trucking and freight providers manage critical steps in their order process.

Series B - Rose Rocket

Series A - Rose Rocket

Seed Round - Rose Rocket

Venture Round - Rose Rocket

Pre Seed Round - Rose Rocket

Toronto

Ontario

Canada

North America

Rainforest raises $8.5M to help software companies embed financial services, payments

Rose Rocket: Cloud-Native Transportation Management Software Company Raises $38 Million

Above the Fold: Supply Chain Logistics News (June 23, 2023)

Rose Rocket raises $50.2 million CAD Series B to expand trucking solution

Rose Rocket snags $38m Series B

Blasting Into Transportation Software With Rose Rocket

Rose Rocket raises $38-million as demand for one-size-fits-all trucking software takes off

Rose Rocket, whose platform helps transportation companies communicate, raises $38M

Rose Rocket Raises $25M in Series A Funding

A transportation management system designed to adapt to the unique business needs, allowing customization of workflows, automation of tasks, and integration with external software without coding experience.

Customizable dashboards within the Platform for organizing and sharing data, used for internal order tracking, driver load selection, or customer order visibility.

Offers a cloud-based solution for data centralization, remote access, scalability, flexibility, and continuous service with minimal downtime.

Provides drivers with a mobile application for managing delivery tasks, receiving optimized routes, and real-time communication with dispatchers.

Automates order entry by allowing uploads of rate confirmations, EDI setup for receiving orders, and duplication of recurring orders to save time and reduce manual errors.

Gives customers tools for real-time track and trace to improve order visibility and collaboration.

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Rose Rocket