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Overview
Baton is the Silicon Valley based technology innovation lab for Ryder, a Fortune 500 logistics company that owns 260k trucks and manages $7.4B of freight. Before being acquired by Ryder in September, 2022, Baton was a venture backed start up that was voted the #4 most disruptive company in freight! (Amazon was #3)
Our mission is to eliminate waste in supply chain by creating a digital platform that uses AI to improve how freight is planned.
There are 500 million hours wasted in trucking each year, over 3 billion gallons of fuel wasted per year from trucks idling, and 1 in 5 trucks on the road driving empty at any given point. This has a massive impact on the environment, the lives of millions of drivers, and ultimately, the cost of transportation that we all pay.
About
Artificial Intelligence (AI), Logistics, Supply Chain Management
2019
51-100
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Baton headquartered in United States, North America, operates in the Artificial Intelligence (AI), Logistics, Supply Chain Management sector. The company focuses on Artificial Intelligence (AI) and has secured $331.2M in funding across 24 round(s). With a team of 51-100 employees, Baton is actively contributing to advancements in Artificial Intelligence (AI). Their latest funding round, Series A - Baton, raised $10.5M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
2
10
0
$13.8M
Details
2
Baton has raised a total of $13.8M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2019 | Seed | 3.3M | ||
2021 | Early Stage Venture | 10.5M |
Investors
Baton is funded by 20 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
John Larkin | - | FUNDING ROUND - John Larkin | 10.5M |
Trace Haggard | - | FUNDING ROUND - Trace Haggard | 10.5M |
Baton | - | FUNDING ROUND - Baton | 10.5M |
Cooley | - | FUNDING ROUND - Cooley | 10.5M |
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