Investment Review: Semicab
This post is part of my angel investing series where I review investments after they’re completed. These posts are not investment advice, solicitations, or offers of any kind. They are simply my thoughts on companies I’ve invested in and how they fit into my thesis.
For background on my approach to angel investing and my investment thesis, see my introduction to this series.
Company Overview
Semicab is building a collaborative transportation platform that connects shippers, carriers, and brokers in real-time. They’re essentially creating a marketplace that helps reduce empty miles in trucking while providing better visibility and efficiency for all parties involved in freight movement.
Thesis Fit
Macro trends:
- Supply chain disruptions from Covid have highlighted the need for better logistics coordination
- Trucking capacity constraints are getting worse, making efficiency critical
- Fuel costs and environmental concerns are pushing for reduction in empty miles
- Digital transformation in logistics is accelerating rapidly
Founder fit:
- Founders have deep experience in both logistics and technology
- Team has strong relationships in the trucking and shipping industry
- Previous success in building and scaling logistics technology solutions
Conclusion
This investment fits well with my thesis around businesses that are solving problems highlighted and accelerated by Covid-19 and by the increased attention on sustainability. The logistics space is ripe for innovation, and Semicab’s approach to reducing waste while improving coordination could have significant impact. The team’s industry expertise and existing relationships give them a strong foundation for execution.
Note: This review is written after the investment was made and is not intended to be forward-looking or to provide any form of investment advice. It represents my personal views and learning journey in angel investing.