When was RailState founded?

RailState was founded in 2019 and raised its 1st funding round 5 years after it was founded.

Where is RailState located?

RailState is headquartered in Quincy, United States.

How many employees does RailState have?

As of Jul 01, 2024, the latest employee count at RailState is 11 - 50.

Is RailState a funded company?

RailState is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on May 07, 2024.

When was the latest funding round of RailState?

RailState's latest funding was a $***** Series A round on May 07, 2024, with participation from 0 investor.

Where does RailState rank among its competitors?

RailState ranks 1st amongst 12 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors.

Who are the top competitors of RailState?

RailState's top competitors include Everysens, Telegraph and Parker Lane Group. Among them, RailState secured the most recent funding round in May, 2024.

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Company Details

Platform offering railroad analytics solutions. It leverages AI and provides visibility into the rail freight industry. It also offers predictive analytics solutions. The platform provides real time rail network conditions such as train volume, train mix, and train priority on rail segments. It tracks and reports real time data to understand the commodity flows, train direction, and speed.

Website: www.railstate.com/
Social
Email ID: *****@railstate.com
Phone Number: +1 **********

Key Metrics

Founded Year

2019

Location

Quincy, United States

Stage

Series A

Total Funding

$4M in 1 round

Latest Funding Round

Series A, May 07, 2024, $*****

Investors

Greentown Labs

Ranked

1^st among 12 active competitors

Employee Count

11 - 50 as on Jul 01, 2024

Similar Companies

Everysens & 11 more

View RailState's full profile

RailState has raised a total funding of $4M over 1 round. RailState has 1 institutional investor.

Here is the list of recent funding rounds of RailState:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Lead Investors	Other Investors
May 07, 2024	9501934	Series A	4506622	1378469	4841096	1252605

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View details of RailState's funding rounds and investors

The founders of RailState is John Schmitter.

Here are the details of RailState's key team members:

John Schmitter: Co-Founder of RailState.

View details of RailState's Founder profiles and Board Members

RailState's employee count trend

RailState has 11 - 50 employees as of Jul 24. Here is RailState's employee count trend over the years:

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Top competitors of RailState include EverysensN8, Telegraph and Parker Lane Group. Here is the list of Top 10 competitors of RailState, ranked by Tracxn score:

Overall Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RailState 2019, Quincy (United States), Series A	Platform offering railroad analytics solutions	$4M	Greentown Labs	40/100
2nd	Everysens 2015, Lille (France), Series A	Cloud based platform offering asset and cargo tracking solutions	$6.58M	European Union, EIC Fund & 4 others	38/100
3rd	Telegraph 2016, Chicago (United States), Series A	Provider of cloud-based operational planning and analytics solutions for rail freight operators	$10.1M	Crosslink Capital, Construct Capital & 7 others	37/100
4th	Parker Lane Group 2010, London (United Kingdom), Unfunded	Provider of AI & data-driven risk analysis solutions	-	-	30/100
5th	PREDITIC 2014, Bordeaux (France), Unfunded	Offers AI & web-based analytics solutions for rail operators	-	-	25/100
6th	Transit Insight 2009, Vancouver (Canada), Unfunded	Analytics solutions for rail & other mass transit operators	-	-	23/100
7th	traktive.ai Seed	Offers rail operations analytics solutions	-	Bienville Capital	21/100
8th	Axiom Rail 2005, Doncaster (United Kingdom), Acquired	Provider of cloud-enabled rail freight operational planning and analytics solutions	-	-	21/100
9th	Extra Credit Ventures Unfunded	AI and cloud based analytics solutions for the rail freight industry	-	-	21/100
10th	Railcloud9 2015, Wetter (Germany), Unfunded	Cloud-based platform offering integration and big data solutions for the railway industry	-	-	16/100