Optym Raises Strategic Funding From Venture 53 To Make Transportation Operations Efficient
Venture 53, an industry-focused transportation and logistics fund, recently announced their investment in Optym, a trailblazer in optimization solutions for the transportation industry. Founded in 2000 by UF Professor Emeritus Ravi Ahuja, Optym serves railroads, airlines, and truck carriers to improve efficiency and optimization through AI.
Through various solution packages, Optym improves route efficiency, automates dispatch optimization, and more. One of their technologies is RouteMax, a real-time routing, dispatching and driver management suite that optimizes routes and cuts planning time down from hours to mere minutes.
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