Solvo.ai Company Research Report

Company Overview

• Name: Solvo.ai

• Mission: To transform freight forwarding by empowering efficient, profitable, and confident decision-making through artificial intelligence and human expertise.

• Founded: No information is available

• Founders:

• Founder and CEO: Gaurav Bajaj – A mechanical engineer and MBA turned technologist, passionate about the potential of human-machine collaboration.

• Key People in the Company:

• Gaurav Bajaj: Founder and CEO

• Dr. Dongho Kim: Chief Technology Officer

• Daniel Bataller: Vice President

• Dr. John McLeod: Lead Machine Learning Engineer

• Egor Tiavlovski: Senior Machine Learning Engineer

• Dr. Sarah Jarvis: Technical Product Lead

• Dr. William Wilkinson: Senior Machine Learning Engineer

• Rohan Saphal: Machine Learning Engineer

• Priya Fatania: International Sales

• Noam Ben Tsion: Lead Software Engineer

• Mihai Andrei-Costea: DevOps Engineer

• Paul de Haan: VP Growth

• Brent Galloway: Sr. Implementation Manager

• Headquarters: 120 Moorgate, London, EC2M 6UR

• Number of employees: No information is available

• Revenue: No information is available

• Known For: Their innovative applications of AI in price optimisation and decision-making in the freight forwarding and shipping industries, creating dynamic pricing strategies.

Products

Price Optimisation Engine

• Description: Solvo.ai's main solution integrating AI with human expertise to dynamically manage and optimise pricing strategies within the freight forwarding and shipping sectors.

Key Features:

• Increased Quotation Efficiency: Automates customer requests, improving response speed.

• Market Adaptability: Constantly updates price suggestions based on real-time market feedback.

• Yield Performance Improvement: Provides insights and commercial steering to boost profit margins.

• Dynamic Price Recommendations: Tailors and tests pricing strategies according to market demands.

• Seamless Integration: Easy to incorporate into existing pricing systems for enhanced performance.

Recent Developments

• Recent Certifications:

• Achieved ISO 27001:2022 Certification, showcasing commitment to data security and integrity, setting a benchmark in the shipping sector.

• Recent Projects and Solutions:

• Empowering Freight Forwarders Series:

• Improving Profit Margins (Part 3): Utilizes AI for dynamic pricing, boosting profits in a competitive freight forwarding market.

• Driving Higher Customer Retention (Part 2): Leverages predictive analytics to enhance customer service and retention through proactive solutions.

• Operational Excellence (Part 1): Discusses optimizing operations with AI for freight forwarders to focus on value-driven activities.

• Funding:

• Raised $4 million to enhance their solutions and support stronger supply chains amidst market disruptions.

Please note that the above report is based solely on the available data and does not include fields where information is not provided.