Toronto’s Rose Rocket, a software-as-a-service transportation management system (TMS) provider, is revolutionizing the trucking and logistics industry.
Founders Justin Sky, Justin Bailie, and Alexander Luksidadi realized the need for real-time collaboration in the industry and created their own TMS platform.
With 1,000 to 1,500 clients and projected annual recurring revenue of $100 million, Rose Rocket is gaining traction. The TMS market is expected to reach $19.1 billion by 2030, driven by increased demand and digitization.
The platform allows seamless communication and collaboration among various stakeholders and supports workflows for different segments.
Today, the company announced $38 million Series B funding round led by Scale Venture Partners.
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