Turvo

Based in Dallas, Texas, Turvo is a leading provider of supply chain management, collaboration, and visibility software. The company's flagship product is its collaborative Transportation Management System (TMS) application, known as Turvo Collaboration Cloud. This innovative platform connects freight brokers, third-party logistics providers (3PLs), shippers, and carriers, unifying supply chain ecosystems to deliver exceptional customer experiences and real-time collaboration. The platform integrates various internal and external systems, streamlines operations, enhances analytics, and automates business processes while eliminating redundant manual tasks.

Turvo was acquired by Lineage Logistics on June 1, 2022, but continued to operate independently under its own brand and leadership​​​​.

Key customers and partnerships

Turvo's customer base includes some of the world's largest logistics service providers and shippers, as well as small to medium-sized freight brokers. This includes companies such as Veritas Logistics, RPM, ACE Forwarding, Genpro, Vine Line, and Taimen Transport.

In January 2024, the company partnered with Oko, a company that simplifies supply chain management with data automation, to integrate its products and services, allowing 3PLs and brokers to develop orders and shipments automatically, thus eliminating the need for manual data entry. Companies that are not connected via electronic data interchange (EDI) are also able to leverage this solution to create automated orders and shipments. In the same month, Turvo partnered with MileMaker, a software provider for commercial transportation mileage, rating, and routing. The partnership focused on integrating MileMaker's Web Services API product into Turvo's platform to enhance mileage calculations and rating capabilities for Turvo's customers.

Funding and financials

In November 2018, Turvo raised USD 60 million in a Series B funding round led by Mubadala Ventures, the San Francisco-based venture capital arm of Mubadala Investment Company. Additional investors in this round included G2VP, Next47, Activant Capital, Felicis Ventures, Future Shape, and Upside Partnership. The proceeds were intended to to be channeled to product development initiatives.