CocoonFMS
CocoonFMS provides a suite of cloud-based software solutions for the logistics and freight forwarding industry. Their flagship product, CocoonOPS, is a Transport Management System (TMS) designed to streamline operations, increase efficiency, and drive growth for freight forwarders, project forwarders, NVOCCs, 3PLs, 4PLs, logistics and transport operators, liner and ships agents, and couriers. CocoonOPS utilizes AI and Machine Learning for automation, offering features like quotations, consignments, invoicing, real-time tracking, online bookings, document management, and Customs Declaration (CDS). The company also offers CocoonCarbon®, an emissions calculator for tracking environmental impact, CocoonDEM for automating Demurrage & Detention charges, and CocoonTMP®, a customer portal for real-time shipment visibility. They emphasize a user-friendly interface, scalability, and competitive pricing, operating on a fixed monthly cost model without per-shipment or transaction fees. CocoonFMS is self-funded and emphasizes innovation and ease of use.
CocoonFMS
CocoonFMS provides a suite of cloud-based software solutions for the logistics and freight forwarding industry. Their flagship product, CocoonOPS, is a Transport Management System (TMS) designed to streamline operations, increase efficiency, and drive growth for freight forwarders, project forwarders, NVOCCs, 3PLs, 4PLs, logistics and transport operators, liner and ships agents, and couriers. CocoonOPS utilizes AI and Machine Learning for automation, offering features like quotations, consignments, invoicing, real-time tracking, online bookings, document management, and Customs Declaration (CDS). The company also offers CocoonCarbon®, an emissions calculator for tracking environmental impact, CocoonDEM for automating Demurrage & Detention charges, and CocoonTMP®, a customer portal for real-time shipment visibility. They emphasize a user-friendly interface, scalability, and competitive pricing, operating on a fixed monthly cost model without per-shipment or transaction fees. CocoonFMS is self-funded and emphasizes innovation and ease of use.
TL;DR
Headquarters: London, United Kingdom
Primary product: CocoonOPS — AI-enabled cloud Transport Management System (TMS)
Other products: CocoonCarbon (emissions calculator), CocoonDEM (demurrage tool), CocoonTMP (customer portal)
Business model: Fixed monthly pricing, no per-shipment/transaction fees
Funding: Self-funded; received a government grant (Freight Innovation Fund) in Apr 2023