LogBook Company Profile

Background

Overview

LogBook, established in 2024, is a privately held company headquartered in Zurich, Switzerland. The company specializes in developing an AI and machine learning platform tailored for logistics location profiling. With a team of nine employees, LogBook aims to revolutionize the logistics industry by providing accurate and up-to-date information on facility coordinates, operating hours, and location data sharing with stakeholders.

Mission and Vision

LogBook's mission is to enhance the efficiency and transparency of logistics operations through innovative technology solutions. The company's vision is to become a leading provider of logistics location intelligence, enabling businesses to manage, access, and share information seamlessly.

Key Strategic Focus

Core Objectives

To develop and deploy advanced AI and machine learning tools that provide real-time logistics location data.

To offer scalable solutions that cater to businesses of varying sizes within the logistics sector.

To ensure data accuracy and reliability, thereby improving operational decision-making for clients.

Areas of Specialization

Logistics location profiling

Facility coordinate mapping

Operating hours tracking

Public transport node data integration

Key Technologies Utilized

Artificial Intelligence (AI)

Machine Learning (ML)

Big Data Analytics

Primary Markets Targeted

Logistics companies

Supply chain management firms

Transportation service providers

Financials and Funding

Funding History

LogBook has successfully completed multiple funding rounds:

1. Seed Round: On June 3, 2024, LogBook secured seed funding to support its initial development and operational activities.
2. Accelerator/Incubator Participation: The company has participated in accelerator and incubator programs, which have provided additional funding and resources.

Notable Investors

QBIT Capital (Venture Capital)

ESA BIC Switzerland (Accelerator/Incubator)

Venture Kick (Accelerator/Incubator)

Utilization of Capital

The funds raised have been allocated towards:

Product development and enhancement

Expansion of the technical team

Market penetration and client acquisition strategies

Pipeline Development

Product Offerings

LogBook's primary product is its AI-driven platform that provides:

Real-time logistics location data

Facility coordinate mapping

Operating hours tracking

Public transport node data integration

Development Stages

The platform is currently in the revenue-generating stage, with ongoing enhancements based on user feedback and technological advancements.

Target Conditions

The product is designed to address challenges in logistics location management, including data accuracy, accessibility, and sharing among stakeholders.

Anticipated Milestones

Expansion of data coverage to include additional regions

Integration with third-party logistics management systems

Introduction of predictive analytics features

Technological Platform and Innovation

Proprietary Technologies

LogBook's platform leverages proprietary algorithms that:

Analyze and process large datasets to extract relevant logistics information

Ensure data accuracy through continuous validation processes

Significant Scientific Methods

Machine learning algorithms for pattern recognition and predictive analytics

Data encryption methodologies to ensure secure data transmission and storage

Leadership Team

Executive Profiles

Bernhard Elkuch: Co-Founder, Chief Executive Officer, Managing Director, and Board Member.

Professional Background: Extensive experience in logistics and technology sectors.

Key Contributions: Oversees company strategy, operations, and business development.

Leonard Göltl: Co-Founder, Chief Technology Officer, Managing Director, and Board Member.

Professional Background: Expertise in AI, machine learning, and software development.

Key Contributions: Leads the technical team and product development initiatives.

Board Members

Luis Huber: Board Member.

Professional Background: Experience in venture capital and strategic investments.

Key Contributions: Provides guidance on financial strategies and investor relations.

Competitor Profile

Market Insights and Dynamics

The logistics technology market is experiencing significant growth, driven by the increasing demand for efficient supply chain solutions and the integration of advanced technologies such as AI and big data analytics.

Competitor Analysis

Key competitors in the logistics location intelligence sector include:

Zoho Expense: Offers expense management solutions with mileage tracking features.

Motus Vehicle: Provides vehicle management and reimbursement platforms.

Cardata: Specializes in vehicle reimbursement programs and mileage tracking.

Rydoo: Focuses on travel and expense management applications.

Navan (Formerly TripActions): Delivers integrated travel and expense management solutions.

These competitors offer various features related to mileage tracking and expense management, catering to businesses seeking efficient solutions in these areas.

Strategic Collaborations and Partnerships

LogBook has established partnerships with:

ESA BIC Switzerland: Participation in their accelerator program has provided mentorship and resources.

Venture Kick: Engagement in their incubator program has facilitated networking opportunities and funding support.

Operational Insights

Strategic Considerations

In relation to major competitors, LogBook focuses on:

Offering specialized logistics location intelligence solutions

Ensuring data accuracy and real-time updates

Providing scalable solutions suitable for businesses of varying sizes

Distinct Competitive Advantages

Proprietary AI and machine learning algorithms tailored for logistics

Comprehensive data coverage and integration capabilities

User-friendly platform with intuitive interfaces

Strategic Opportunities and Future Directions

Strategic Roadmap

Expansion into new geographical markets

Development of additional features based on client feedback

Exploration of partnerships with logistics service providers

Opportunities for Expansion

Integration with existing logistics management systems

Offering customized solutions for specific industry needs

Leveraging emerging technologies to enhance platform capabilities

Positioning for Future Objectives

LogBook's current strengths in AI-driven logistics solutions position the company to capitalize on the growing demand for efficient and accurate logistics location intelligence.