Baton

About:

Baton is a technology innovation lab for Ryder and formerly a technology startup focused on eliminating waste in supply chains.

Website: http://www.baton.io

Top Investors: 8VC, Cooley, SV Angel, Lineage Logistics, RyderVentures

Description:

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.

Total Funding Amount:

$13.8M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

San Francisco, California, United States

Founded Date:

2019-10-01

Contact Email:

info(AT)baton.io

Founders:

Andrew Berberick, Jake Medwell, Nate Robert

Number of Employees:

51-100

Last Funding Date:

2021-03-24

IPO Status:

Private

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