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Oren Zislansky

๐Ÿ‘ค Speaker
247 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

We're doing many, many times for the vet.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

We create what we call shared truckloads or algorithmic carpooling.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

So it's a little complicated thing to think of.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

But if you had four pallets of commercially manufactured goods and you're in LA and you want to ship them out to Chicago, you would otherwise move them through the LTL industry, less than truckload industry, or hub and spoke model.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

So just think terminal, terminal, terminal.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

UPS without the aircraft.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

What we do is we come in and we use some really sophisticated algorithms to match your palletized freight with our other customers' palletized freight.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

and instead create a carpool or a shared truckload.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

So we just book a big truck out of the full truckload industry, have them make multiple pickups, picking up our various customers' loads and shipments, and have them drive direct to destination.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

The reason the customer cares is that by making a hubless offering, no terminals, no warehouses, it picks up on time, delivers on time,

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

faster there's zero damage no loss no theft it's just a much much higher quality offering- and it's a much greener offering about a forty percent reduction in greenhouse gas.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

as the only certified B Corp in the freight industry because our model effectively negates or disintermediates the use of terminals.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

We like to say algorithms instead of warehouses.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

So the way to think about it, I'm going to give you some really simple kind of silly math, but this is just, I've used this in fundraising.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

And again,

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

It's a reflection of very sophisticated audiences, but taking a lot of industry experience and kind of putting it to layman's terms.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

So imagine you could typically fit 26 pallets in a big truck, a full truckload carrier truck, the big ones you see on the freeways.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

If you could fit 26 in there, we'll just imagine that trucking company is going to charge you $26 to go from Chicago to Los Angeles.

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

We can infer that that's $1 per pallet, right?

SaaS Interviews with CEOs, Startups, Founders
Look Back: FlockFreight Grows 400% YoY, 500k Pallets Shipped, Still Shy of $1b Valuation

$26 to fit 26 pallets.

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