Rose Rocket has secured $38.0M in new funding from investors. The Toronto-headquartered company is the parent organization behind TMS.ai, which is described as the first AI-native Transportation Management System (TMS). This substantial capital infusion marks a significant milestone for Rose Rocket, underscoring investor confidence in its innovative approach to modernizing the logistics sector and its foundational technology.
Rose Rocket's core offering involves building the platform layer that powers TMS.ai and supports the broader logistics industry. Its technology provides out-of-the-box infrastructure, essential transportation business logic, and robust end-user customization tools. This comprehensive approach allows companies to build their own adaptable Supply Chain ERP systems, enabling them to operate according to their specific needs rather than being constrained by rigid, off-the-shelf software solutions.
The newly secured investment will be directed towards accelerating Rose Rocket's strategic growth initiatives. The company plans to use the funds to further enhance its platform capabilities, expand its engineering and product teams, and potentially broaden its market presence to serve more logistics providers. This funding round is expected to bolster Rose Rocket's capacity to innovate and scale its operations.
With deep roots in the trucking industry, Rose Rocket is focused on developing the critical infrastructure that will drive the next generation of Supply Chain technology. The company aims to continue its trajectory of innovation, empowering logistics businesses with flexible and powerful tools designed to improve operational efficiency, adaptability, and overall supply chain resilience in an evolving market.
