Tread

Transportation management system for construction logistics

Toronto, Ontario, Canada

About Tread

Tread.io focuses on improving the logistics of construction materials through its Transportation Management System (TMS). This software helps clients in the construction industry, such as contractors and suppliers, to manage the buying, moving, and selling of materials more effectively. Tread.io's TMS allows users to plan logistics, dispatch jobs to multiple drivers with ease, and receive real-time updates on their fleet without needing extra hardware. This system creates a centralized source of information, reducing disputes and increasing transparency in the logistics process. Unlike many competitors, Tread.io operates on a subscription-based model, offering flexibility with additional services available for purchase. The company's goal is to enhance efficiency in construction logistics while fostering a supportive work environment for its employees.

Toronto, CanadaHeadquarters
2016Year Founded
$2.5MTotal Funding
SERIES_ACompany Stage
Industrial & Manufacturing, Enterprise SoftwareIndustries
51-200Employees

Risks

Competition from TMS providers with similar AI and OCR technologies threatens market share.
Slow tech adoption in construction may limit growth for Tread's advanced solutions.
Economic downturns could reduce spending on logistics software, impacting subscription revenue.

Differentiation

Tread offers a unique TMS for construction logistics, enhancing efficiency and transparency.
The platform provides real-time updates without additional hardware, streamlining fleet management.
Tread's subscription model allows flexible pricing, catering to diverse client needs.

Upsides

AI integration predicts equipment maintenance, optimizing fleet usage and reducing downtime.
5G expansion enhances real-time data transmission, improving logistics platform connectivity.
Increased Contech investment boosts Tread's growth potential in digital transformation.