M
Melrose
Making it easier for businesses to expand their reach into new global markets
About Melrose
Melrose offers an AI-powered data orchestration platform for the supply chain and logistics industry, designed to automate workflows and reduce operational costs. The company was founded by Dhaman Rakhra and Michael DeLucia. Rakhra, with over 12 years of supply chain experience, including a role at Flexport, identified challenges in data connectivity and automation within the industry. He partnered with DeLucia, a former colleague with a background in logistics operations, account management, and freight movement, to launch Melrose approximately a year and a half ago.
The platform serves as a backend integration layer, connecting with clients' existing systems such as Transportation Management Systems (TMS), email, and accounting software without requiring replacement. It ingests, structures, and syncs data from various sources including EDI documents, emails, and PDFs to automate manual processes like data entry. By connecting disparate systems, Melrose aims to create a unified data flow for logistics companies, helping them manage operations and scale their business more efficiently. The business model appears to be subscription-based, with the platform offered as a web-based system. Clients are typically logistics and trucking companies, including asset-backed carriers.
Melrose's product provides several key features. The "Orders" module automates the extraction of delivery order details and syncs them with a client's TMS, claiming 99.9% accuracy. "Loads" offers real-time tracking of shipments from vessel to final pickup, with automated notifications for key events. The "Quotes" feature enables users to generate and send quotes quickly by pulling from historical data and rate sheets, and it also tracks metrics like email open rates and win/loss ratios. The system is designed to be customizable and integrates with any TMS, API, or EDI workflow, allowing for tailored automation that can be implemented within weeks. Melrose has raised $39M in funding from investors including 640 Oxford, Abstract Ventures, Blank Ventures, and Exceptional Capital.
Source: Dealroom company dataAt a glance
- Founded
- 2024
- Headquarters
- San Francisco, United States
- Sector
- Transportation
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Exceptional Capital
Source: Dealroom Talent Intelligence.
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