Company Overview
Snapshot
Founded in September 2010 by Baruch Axelrod and Inbal Axelrod, MyRouteOnline operates with 1-10 employees. The company develops route optimization solutions and in April 2016, launched its MyRoute iOS app, designed to help delivery companies and other commercial users find the most efficient routes to multiple destinations.
Business overview
MyRouteOnline develops a proprietary multi-step, plan-ahead algorithm for route optimization, serving the Automotive & Mobility Technologies sector. Its core product, MyRouteOnline Route Planner, and the MyRoute: Multi-Stop Navigation app, are designed to deliver significant cost and time savings by optimizing multi-stop routes. The company primarily targets the delivery, sales, and service markets, helping businesses reduce fuel consumption, planning time, and vehicle wear and tear. It operates within the urban mobility, logistics, agriculture & food, and healthcare sectors, offering solutions for transportation services, food distribution, and pest control.
Strategic signal
In January 2019, MyRouteOnline's market was significantly impacted by the 'Amazon effect' on e-commerce logistics, highlighting the increasing customer expectations for efficient deliveries and real-time tracking. This signals a critical need for companies like MyRouteOnline to continuously innovate their route optimization solutions to meet evolving demands for speed and efficiency in the logistics and delivery sectors, ensuring their clients remain competitive in a rapidly changing market.
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- What is MyRouteOnline's primary offering?
- MyRouteOnline provides a route-optimization planner based on a proprietary multi-step, plan-ahead algorithm, designed to deliver significant cost and time savings for delivery, sales, and service markets.
- When was the MyRoute iOS app launched?
- In April 2016, MyRouteOnline launched its MyRoute iOS app, which is particularly useful for delivery companies and other commercial purposes to find the most efficient way to reach multiple destinations.
- How does MyRouteOnline address the challenges in e-commerce logistics?
- MyRouteOnline addresses the challenges in e-commerce logistics, as highlighted in January 2019, by providing route optimization solutions that help businesses meet customer expectations for efficient deliveries and real-time tracking, adapting to the 'Amazon effect'.
- Who founded MyRouteOnline?
- MyRouteOnline was co-founded by Baruch Axelrod and Inbal Axelrod in September 2010.
- What are the key benefits of using MyRouteOnline's solutions?
- MyRouteOnline's solutions enable users to optimize multi-stop routes, saving fuel and money, and reducing planning and driving time as well as wear and tear on vehicles.