Oway -backed by YC is $ 4 million to build a decentralized “Uber Shipping”

Thousands of trucks that are semi -cut through the American highway system every day they wake up: they are only on Half full.

This inefficiency represents a chance of billions of dollars. Those that are chased by some companies such as Uber Freight and Flock Flight as part of the broader business models that match truck drivers with companies that sell goods.

Oway, which is based in San Francisco, seeks to obtain a narrower -likely -like business model to Shipping, especially on the ineffective long roads. But this is a model that believes that the startup can expand greatly enough to make an impact on the country’s economy.

Oi, who was founded in 2023 and backed by Y-Combinator and General Catalyst, closed a seed tour of $ 4 million in seeking to achieve this goal. Founder Philip Nadjafov said what Techcrunch told investors in the OWY concept because his company has already developed a way to reduce the cost of charging the pallet across the United States by 50 %, using a smart mixture of somewhat new technologies.

There is artificial intelligence, of course, in the form of the OWay learning to help find goods and match them with an empty trailer space and a comfortable destination (or short fragmentation). Oway also automates a lot of standard shipping and insurance documents that fit the shipping.

However, it is possible to be known as the “Elds” (Elds) that are installed on the trucks that pass our country.

The government has been imposed by the government for about a decade, and it is part of a batch to make transportation safer and more efficient by eliminating paper records. This makes it more difficult for trucks and drivers to store federal rules at the utmost time to drive, which theoretically reduces fatigue.

The devices were the source of the dispute of many drivers who were concerned about excessive observation. There is some evidence that the benefits of promised safety It may be compensated with an increase in aggressive leadership Since drivers cannot easily solve their hours.

But the devices are nevertheless the cornerstone of what Oway does, because Elds also made it possible to maintain the tabs of the accurate location of the truck in the actual time.

With this information, Oway can work with trucks to determine destinations close to a already planned way. When there is an empty space on the trailer – which is often there, according to the Nadjafov Club – customers can help customers put goods in those trailers in a small part of the typical cost.

The result is Oway’s demand that it can transfer the cost of moving a 2000 -pound sub -plate between Los Angeles and Dallas from about $ 220 to $ 60.

He said: “You should not need to buy a 50 -footed truck to move (something) throughout the country in order to get good prices.” “If you have one box of more than 100 pounds, you want to transfer it all over the country, you must be able to do so, now, with current technology, are able to do this. This is a big problem we have in America.”

Nadjafov has argued that this separation creates the high shipping prices and consumer prices, but it also leads to more emissions and more lethargy of truck drivers. He believes that Oway can solve this and already works with the major companies that have thousands of vehicles in their fleets, although he said he could not reveal those they are because they asked for private relationships to remain at the present time.

The way Nadjafov wraps, combines the Awai business model among the best aspects

One model is known as “truckload full”, which includes truck trailers packed with commodities, and is often at the service of one charger. These charges are usually transferred from point A to point B, which provides faster delivery but at a higher price.

Another model is what is known as the “lower load” charging, which usually includes many trucks who share an area on one truck. This reduces the cost, but it takes longer, as goods must bounce between trucks and multiple warehouses before reaching their destination.

Nadjafov’s promise is that Oi can achieve full truck charging at the cost and dynamics of the lower truck. What’s more, by charging more goods on direct direct roads, it is unlikely to be damaged because it is not unloaded and re -downloaded as it moves from a truck to a warehouse and returns again.

Oway is done with all this in what Nadjafov describes as “decentralization”, which means that he does not try to buy full spaces, but rather works with other intermediaries in the industry, the highest transport companies and trucks.

He said: “We want Oway to be flexible so that new companies and industries can be built on new applications for this infrastructure.”

Nadjafov said that Oi has already received attention from companies in other countries, but his young people focus on the United States at the present time – partly because Oi is only 12 people, but also because of relying on this country on truck transport.

He said: “Truck transport is a trillion dollar industry, and the empty space phenomenon itself is a problem of $ 100 billion.” “It will be, as I think, a very transformative movement for the entire trade and logistical services sector over the next ten years, because I think this will be mainly the realistic way in which most companies will move things.”