Tirgo.io, a Saas logisitics platform
Date of Foundation
2021

Tirgo.io, a Saas logisitics platform

Revolutionizing Logistics with SaaS Platform

The Idea origin story

TirgoConnect is a transformative solution addressing the key challenges in Eurasia's cross-border trucking industry. By integrating digital toll payments, customs declarations, insurance and guarantees, we eliminate dependency on traditional, inefficient paper processes and cash exchanges. Our platform engenders a smooth, efficient experience for logistics operators and shippers alike, ultimately reducing costs, minimizing delays and streamlining operations.

The Mission

Our mission is to digitize Eurasian trucking logistics, eliminating inefficiencies and redundancies by transforming toll payments, insurance, and customs into a single smooth process.

Clients

We primarily serve logistics providers, freight forwarders, and trucking companies in the growing Eurasian trade corridor.

Problems we solve

Client’s problem

Cross-border trucking in Eurasia is plagued by inefficiencies such as paper-based processes and cash transactions, leading to delays, increased operational costs, and compliance challenges. Current solutions often require multiple platforms for toll payments, customs declarations, insurance, and guarantees, resulting in fragmented operations and poor visibility for logistics providers.

Confirmation of problem

The actuality of the problem is confirmed by prevalent paper-based transactions, multiple platforms for basic operations, and lack of visibility.

Solution

PitchBob’s recommendation: We created Tirgo, a unified platform streamlining cross-border logistics by offering integrated services, cost reduction and compliance enhancement.

Our technologies

This solution is based on technologies

Blockchain for secure transactions, IoT for real-time tracking & AI to optimize routes and operations.

How it works

Our solution, Tirgo, digitalizes logistics through integration of toll payments, customs declarations and more. It enhances efficiency while reducing costs.

Value for the client

Our platform stands out as we marry real-time tracking and data analytics, supporting a new era in logistics. We are key for streamlined e-commerce and global supply chains.

Market and strategy

Market size

The total logistics market is valued at approximately $13.15 trillion in 2025. The serviceable addressable market specifically for digital logistics and technological solutions is projected to grow significantly. The digital logistics market alone is forecasted to reach around $46.5 billion by the end of 2025. For a new player aiming high in the digital logistics space, capturing around 5% of the SAM is a realistic short-term goal, projected to earn around $2.32 billion in annual revenues given a SAM of $46.5 billion.

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

30%

% of the market

Is our goal in the next 3 years

Team

My name’s

Bakhrom Abdukadirov

My key role in the product

"My key role is Business Developer. I'm responsible for boosting projects, driving business growth and expansion."

Team size and key members

CFO Sarah, Sales Head Mike, Marketing Director Paul, Operations Manager Lisa, HR Lead Megan.

Competitors

Competitors

Potential competitor could also be FreightHub. They, like you, offer digital logistics solutions targeting efficiency and simplicity in freight forwarding processes.

Our Advantages

Tirgo offers a unified logistics platform addressing key cross-border trucking issues. It simplifies multi-region transactions, enhances visibility, reduces cash-dependency for improvements in security & efficiency. Its strategic position capitalizes on emerging trade routes and markets.

Business model

We generate revenue via subscription fees based on transaction volume, a percentage of each processed transaction and premium feature purchases.

Traction

With an energetic team of 8 full-time employees, our monthly recurring revenue has soared to $32K. Impressively, over 400 trucks are now leveraging the capabilities of Tirgo.

"Raise will boost platform, expand client base, strengthen operations. Goals: Increase MRR from $32K to $80K, grow user base from 50 to 400 companies and enter new markets: Azerbaijan, Georgia, Turkmenistan."

Metrics

50 firms utilize product metrics, controlling 400 lorries. Their monthly recurring revenue (MRR) has surged to $32K.

Incorporation

Our company incorporated in

Tashkent, Uzbekistan

Key risks

Key risks for our project include navigating complex regulatory environments, overcoming logistical challenges like political instability and infrastructure bottlenecks, operating in a highly competitive market, and handling imminent cybersecurity threats due to increasing digitalization.

Investments

$

we are planning to raise $500K at $3,5mln valuation

We raised investments

Our Investors

angel investors, angel clubs, venture capital firms/funds

Rising Investments

$

500000

Currently, we are raising investments

$

3500000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Growth