Startup QuickLoadz Eyes Crowdfunding Campaign

By James White | Saturday, 20 November 2021 | Startup, Tech

Supply chain and logistics operations are constantly being refined in order to keep up with demand. Startup company QuickLoadz recently began accepting reservations for a regulation crowdfunding campaign that would help its business make transferring freight more efficient with robotic trailers.

Searching for Support From Crowdfunding Investors

Before officially launching a new funding raise for its business, the logistics company is taking time to gauge interest from investors on the Republic crowdfunding platform. If QuickLoadz finds sufficient engagement from future investors, the startup business will move forward and file Form C with the US Securities and Exchange Commission (SEC).

So far, the robotics startup company has secured reservations from more than 20 investors. The reservations represent over $10,000 in potential financing for the logistics business. Upon launching an official regulation crowdfunding campaign, QuickLoadz aims to raise up to $1.07 million for its robotics company.

“No other moving system is engineered with this level of safety and efficiency in mind,” said Sean Jones, founder and CEO of the startup business. “QuickLoadz won’t tip like a crane, and it doesn’t use hazardous strap and chain systems that can catastrophically fail. Put simply: QuickLoadz is safer, smarter, and faster than current market solutions.”

Funding generated from investors will help the robotics company develop new products for its customers and continue to refine its technology. Since its founding, the logistics startup has done business with both government and enterprise customers, including the US Army, United Van Lines, and Avista Utilities.

Safer Supply Chain Logistics With Robotics

Jones originally designed the technology used by the robotics startup when he was running his company Rockside Construction. After using his engineering experience to build a solution that worked for his construction company, he quickly expanded upon his invention and created a new startup.

Rather than using a crane or other external lift, the robotics startup created a trailer capable of tilting back to form a ramp. Hydraulic wedges are used to lift freight containers onto the end of the robotic trailer bed, where chains pull the trailer under the containers until it is locked into place.

The startup claims that the process of loading or unloading freight can be completed in just three minutes. Furthermore, robotic trailers built by QuickLoadz can be operated remotely, allowing truck drivers to safely load and unload without leaving their vehicles.

Currently, QuickLoadz primarily generates revenue from direct sales of its gasoline-powered trailers. However, the startup is also developing electric models, as well as a premium electric model that will be available to businesses through leasing.

Disrupting Intermodal Freight

QuickLoadz is tapping into a massive market opportunity with its robotic trailers. Market research predicts that the global intermodal freight transportation market will grow by roughly over $46 billion between 2021 and 2025. The industry is expected to register a CAGR of 6.37% over the forecast period.

QuickLoadz will have to compete with traditional tow trailer designs offered by competitors like Armor Lite, Towmaster, and Dorsey. In order to disrupt the market, the efficiency and safety of the robotic trailers must outweigh the greater cost to customers.

About the Author

James White

James White is a Michigan State University graduate with a BS in Environmental Biology. He is interested in reporting emerging trends in technology, especially with regard to alternative energy and environmental conservation.