Contending with escalating supply chain complexities, Tive is pioneering an innovative solution that offers real-time tracking for global shipments. Spearheaded by founder, Krenar Komoni, Tive utilizes the cutting-edge technology, allowing diverse industries to monitor their freight status with precision and ease.
The Tive solution incorporates single-use tracking devices connected to a cloud platform, which enables industries including life sciences, food, and beverage to monitor freight status accurately. In addition to location tracking, Tive’s advanced sensors provide data on temperature, humidity, light, and even physical disturbances.
Powered by Tive’s robust cloud platform, the clientele benefit from real-time alerts, advanced analytics, and streamlined data-sharing tools. Tive’s sophisticated trackers offer unprecedented location accuracy via a blend of cellular triangulation, Wi-Fi positioning, and GPS, according to Komoni.
Starting off as a vehicle tracking startup, Tive transformed its mission under the vision of Komoni, to focus on monitoring shipments. The clientele of over 900 today includes industries ranging from pharmaceuticals to high value goods, along with military and government sectors. Komoni’s diverse revenue streams include annual software fees for its cloud platform, tracker sales, and shipment monitoring services.
Komoni believes Tive’s versatile supply chain solutions equip it to withstand tech slowdowns and recessions, emphasising consistent YoY growth. With a recent series C fundraise of $40 million, Tive plans to expand its workforce, innovate new products, boost its sustainability programs, and extend its global reach.
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