See other companies on Welcome to the Jungle
Optimal Dynamics
AI for logistical planning
- 21-100 employees
- B2B
- Artificial Intelligence
- Enterprise
- Logistics
- Transport
- Freight
- Supply Chain
- SaaS
- API
- NoMad, New York, NY
Jump to section
Company mission
To automate and optimize the logistics industry through High-Dimensional Artificial Intelligence.
Our take
Market volatility and overburdening are continual problems in the freight industry. Now that the boom in e-commerce has home-deliveries on the rise, costly and inefficient ‘last-mile’ journeys are increasing too. Optimal Dynamics is looking to revolutionize freight through high-dimensional artificial intelligence.
CORE.ai, Optimal Dynamics' proprietary software-as-service product, helps shippers optimize logistics using flexible, open API protocol to create probabilistic profit-maximizing strategies. This software gives them a material competitive edge in this respect, as it tackles the kind of growing uncertainty and complexity the industry is grappling with.
Optimal Dynamics' plans going forward include continual development into their software, such as through an integration partnership with McLeod software that will help expedite deployment periods and its 2023 Bid solution for truckload carriers. It is also doubling its workforce to keep up with the rapid growth the company is experiencing.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- 100% covered health/dental/vision benefits
- We offer competitive pay on all positions
- Equity: Every Optimal Dynamics employee is a shareholder
- Flexible work from home: We think the office is a tool for meetings, and not required to get work done
- 401(k) with matching
Company values
- Autonomy is in our DNA
- Precision at every turn
- Education is our fuel
Funding (last 2 of 3 rounds)
Apr 2022
$33m
SERIES B
May 2021
$18.4m
SERIES A
Total funding: $55.4m
This company has top investors
Leadership
Daniel Powell
(Co-founder & CEO)After studying at Elon University and interning at Merrill Lynch and Princeton, Daniel co-founded Optimal Dynamics in August 2014. Since then, he has served as CEO full-time.
Warren Powell
(Co-Founder & Chief Analytics Officer)Previously, Warren was a Professor and Director at Princeton University for 39 years.