Birmingham , MI – Rize Strategic Capital has recently announced its acquisition of Axis Total Management Solutions (TMS), a cloud-based platform that provides comprehensive logistics solutions across the North American market. In the last month alone, Axis has facilitated over 220,000 shipments and has become the go-to platform for the trucking industry since its founding in 2012.
Nick Tennant, co-founder of Rize, expressed excitement for the acquisition, stating that “We are thrilled to add Axis TMS to our portfolio. Their innovative technology and commitment to improving the efficiency of the trucking industry aligns perfectly with our values at Rize. We believe that Axis has tremendous potential to disrupt the industry, and we look forward to working with their talented team to drive innovation and create a more efficient supply chain.”
The acquisition of Axis TMS is a significant step for Rize as it expands its investment portfolio to include the transportation and logistics industry. With the rise of e-commerce and the increasing demand for faster and more efficient delivery, there is a growing need for innovative solutions in the industry. Axis’s cloud-based platform provides a comprehensive solution for trucking logistics that can improve productivity, reduce costs, and ultimately benefit both consumers and businesses.
Christian Grothe, co-founder of Rize, also commented on the acquisition, saying, “At Rize, we are always looking to invest in innovative solutions that have the potential to transform industries. Our investment in Axis is a strategic move into the transportation and logistics industry, an industry with tremendous potential for optimization. We see significant opportunity to leverage Axis’s technology and integrate it with other innovative solutions to create a more efficient and effective supply chain.”
Echoing the team’s sentiment, Rize partner and Axis Chief Marketing Officer Nic Shafer stated “I am excited to be working alongside the Axis team as the interim CMO where I can utilize my extensive marketing expertise to aid the company’s growth. Axis TMS is committed to providing our customers the most innovative and efficient logistics management solutions. By joining Rize’s portfolio of companies, we believe that we will be able to leverage our expertise and resources to further enhance our platform and create even more value for Axis customers.”
Moreover, the acquisition reflects Rize’s commitment to social responsibility, as the transportation and logistics industry is a significant contributor to greenhouse gas emissions. By investing in Axis, Rize is contributing to a more sustainable future. The acquisition of Axis TMS marks an exciting development for Rize and the transportation and logistics industry. Rize has a strong track record of investing in disruptive technologies and supporting companies with strong management teams. The acquisition of Axis TMS is a strategic move that aligns with Rize’s investment strategy and core values.
About Rize Strategic Capital
Rize Strategic Capital is a strategic capital firm that invests in early-stage startups and established businesses with growth potential. The firm provides guidance and support to its portfolio companies in areas such as strategy, marketing, sales, product development, and management, to create and implement tailored plans that drive growth.
Website: https://rize.vc/
About Axis TMS
Axis Total Management Solutions (TMS) is a cloud-based platform that provides comprehensive logistics solutions across the North American market. Its platform allows users to manage all aspects of their transportation operations, including freight rating, routing, and carrier selection.
Website: www.axistms.com
Contact Nick Tennant at nick@tenn.io
