Tive Strengths, Domain Expertise, and Key Differentiators
Tive delivers real-time, end-to-end visibility into the location and condition of global shipments, aiding logistics teams in risk reduction, enhanced operational efficiency, and improvement of on-time, in-full deliveries. This is achieved through the utilization of hyper-accurate, multi-sensor Solo 5G trackers, paper-thin loggers (Tive Tag), an intuitive cloud platform, and a dedicated 24/7 Live Monitoring team.
Tive Recent Developments
Tive successfully onboarded over 250 new customers worldwide.
In March 2021, Tive completed the acquisition of MyTrackingDevices, a company specializing in shipment and asset tracking located in London, UK. Building on its exceptional growth in 2020 and a prosperous $12 million Series A funding round, Tive reaffirms its dedication to providing comprehensive visibility to shippers, brokers, and logistics service providers worldwide by integrating the accomplished UK-based tracking company into its portfolio.
In the year 2021, Tive experienced a revenue surge of over 300%, welcomed over 200 new customers, and broadened its presence on a global scale.
Tive Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Tive applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Tive and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Tive Platform customers.
Tive Overview
500 Rutherford Ave, Suite 209
Boston, MA, 2129, United States
1 617-631-8483
https://www.tive.com/
Ownership: - x
Number of Employees: 300
Functional Markets: eCommerce, SCM,
Key Verticals: Automotive, Consumer Packaged Goods, Distribution, Life Sciences, Manufacturing, Retail,
Tive Key Enterprise and Cloud Applications
Tive Platform
Tive Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
---|---|---|---|
Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Tive Revenue Breakdown By Type, $M:
Tive Enterprise Applications Revenues By Functional Markets, $M:
Tive Enterprise Applications Revenues By Verticals, $M:
Tive Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
---|---|---|---|---|
Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Tive Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Tive Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Tive Customers
No. of Tive Customers: 600
No. of Tive Enterprise Applications Customers: 600
No. of Tive Cloud Customers: x
No. of Tive Cloud Subscribers: x
Tive serves a diverse customer portfolio comprising over 600 companies across various sectors, including consumer packaged goods, logistics, produce, and retail.
Tive Market Opportunities, M&A and Geo Expansions
In April 2022, Tive secured a Series B funding of $54 million, with AXA Venture Partners leading the round. Other notable participants included Sorenson Capital, Qualcomm Ventures, Fifth Wall, SJF Ventures, and Floating Point Ventures. Existing investors such as RRE Ventures, Two Sigma Ventures, NextView Ventures, Hyperplane Ventures, Broom Ventures, and Supply Chain Ventures also contributed to the funding.
Tive Risks and Challenges
In 2022, Tive bolstered its executive team by adding five key members: -Josh Allen assumed the role of Chief Revenue Officer, bringing previous experience from positions at Drift, CarGurus, and LogMeIn. -Steve Bonadio joined as the Vice President of Global Marketing, with a background that includes stints at Oracle, Ivalua, and META Group (acquired by Gartner). -Olga Long took on the role of Vice President of Revenue Operations and enablement, having previously worked at Jedox, Fenergo, and Dell Technologies. -Rehana Ashraf was appointed as the Vice President of Product, leveraging experience from roles at Wayfair, Nuance, and iRobot. -Lorenc Kerxhalli assumed the position of Vice President of Digital Business, with prior experience at Connectbase, Verizon Connect, and Fleetmatics.
In the year 2021, there was a notable influx of $11.3 billion in venture funding dedicated to supply chain startups, among them Sensitech, Emerson, and Project44. In June, Project44 successfully secured a $200 million investment, with Goldman Sachs leading the funding round. Moving forward, Tive faces the task of showcasing how its solution sets itself apart within the competitive industry.
Tive Ecosystem, Partners, Resellers and SI
In December 2021, Tive forged a strategic partnership with Blue Yonder. This collaboration involves the integration of data and insights from Blue Yonder's transportation management solution and Luminate Control Tower. The resulting synergy offers shared customers enhanced insights extending beyond mere shipment locations and conditions, ultimately contributing to an improved end-consumer experience.
Tive Cloud Infrastructure Insights
Subscribe to read more about:
- Tive Public Cloud and Infrastructure (IaaS)
- Tive Platform (PaaS)
- Tive Application Delivery
- Tive Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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