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New Deal


Announced

Turvo acquires ODYN.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

artificial intelligence software

intelligent sensors

Friendly

Digital Services

Private

active visibility

Pending

Acquisition

Single Bidder

Synopsis

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Turvo, the leading collaborative logistics platform acquires ODYN, an AI-enabled visibility platform to accelerate the integration of connected sensors into its platform. Financial terms were not disclosed. "We're thrilled to join Turvo and build out the new innovation center in Boston," said Marc Held, co-founder and CEO of ODYN. "This city provides access to an incredible community of talent in the IoT, AI and data science and by bringing them together with the Turvo platform, we can deliver on a shared vision to create meaningful global impact in supply chain."

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