With our Phase 1 technology now complete, the TGMatrix Freight Matching service went live in October 2016, and has already secured commitments from major industry players, which will provide the critical mass required.
TGMatrix along with 36 other established business from all quarters of the World and principally only one company in each sector is participating in an IVO (Initial Value Offering), which will be launched on 22nd May in Dubai. If successful this would drive circa £15M in cash into the company without any dilution, substantially enhancing TGM shareholder value.
The funds from the IVO will allow TGM to dramatically expedite our Global roll-out plans, further driving value into the business.
Subject to a successful IVO the intention is not to issue further equity after this pre-IVO round, thus maintaining the expected value within our current loyal and supportive shareholder group.
TGMatrix is currently offering a Pre-IVO investment round, seeking to raise £1.25 Million at £0.30p per ordinary share (before the end of June 2018).
The time is NOW to capitalise on this one-time opportunity.
A Collaborative Consortium Approach to Fund Raising
ICOs (Initial Coin Offering) are common place and whilst they are often very successful at raising money, how long will it be before legislation takes over and the bubble bursts? But there is a new kid on the ''block''.
Rather than have each company seek its own funding, spend up to a year and tens of thousands preparing to launch an independent funding campaign, there is a new, collaborative approach around a different and much more regulatorily model of Blockchain based funding, dubbed an "IVO" (Initial Value Offering). This is a new, highly disruptive approach to venture funding and trade finance which can raise the needed funding without selling any equity and without taking on any debt liability.
More information on our participation will be released shortly.
Stakeholders and Users
Initial stakeholders and committed users, are some of the UK’s largest shippers and carriers.
TGMatrix is uniquely focused on Intermodal (Road, Rail, Short Sea and Coastal Shipping) and initially – full truck/container/swap body, freight – representing by far the largest percentage of freight spend.
The Business Model
The business proposition is based on a subscription model with an all-inclusive service proposition comprising:
- Claims management
TGMatrix is building a highly scalable European business that matches supply chain logistics’ demand and supply in near real time-bringing it into the Internet age & in so doing:
- Reduces current wasted capacity
- Reduces shipper costs
- Increases carrier margins
- Drives modal shift
- Reduces carbon footprint
- Reduces congestion