Baton

Baton

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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

Industries

Artificial Intelligence (AI), Logistics, Supply Chain Management

Founded

2019

Employees

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.

Employees

imagePlace Nate Robert

Nate Robert

CEO, Cofounder

imagePlace Joy Des Fountain

Joy Des Fountain

Co-Founder

imagePlace Andrew Berberick

Andrew Berberick

Cofounder

Funding Rounds

Funding rounds

2

Investors

10

Lead Investors

0

Total Funding Amount

$13.8M

Details

2

Baton has raised a total of $13.8M in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2019Seed3.3M
2021Early Stage Venture10.5M

Investors

Baton is funded by 20 investors.

Investor NameLead InvestorFunding RoundPartners
John Larkin-FUNDING ROUND - John Larkin10.5M
Trace Haggard-FUNDING ROUND - Trace Haggard10.5M
Baton-FUNDING ROUND - Baton10.5M
Cooley-FUNDING ROUND - Cooley10.5M

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