Oway
Oway is a YC Summer 2024 (S24) company. Based in San Francisco, CA, USA. Team of 10.
About Oway
Summary
Oway builds a freight platform that connects shippers and carriers through a real-time AI layer that prices, matches, and books unused truck capacity for LTL and partial truckload shipments of one to sixteen pallets. Shippers get dock-to-dock delivery without cross-docking or warehouse transfers, replacing the slow handoffs of traditional LTL. Carriers monetize space that would otherwise sit empty, with no change to their existing dispatch workflows.
Business model
Free to join for carriers; shippers access pricing and booking through a self-serve account or API connection.
Go-to-market
Shippers and carriers both onboard self-serve in minutes, and the platform integrates into existing logistics infrastructure via API, EDI, and major ELD and visibility providers including SMC3 and Project44.
From the Y Combinator listing
AI Infrastructure for America’s Empty Truck Space
Oway is an AI-driven freight platform that turns America’s empty truck space into a new category of freight shipping. Every year 50% of U.S. truck space goes unused, a $100B+ inefficiency. Oway uses AI to automatically price, match, and sell that space in real time, giving businesses freight shipping that is dramatically faster and cheaper than traditional options. We're building the largest decentralized network of America’s empty truck space - a transparent infrastructure layer any shipper, broker, or carrier can plug into. For shippers, this means freight costs that are up to 50% lower than traditional LTL (shipments from 1 to 12 pallets), along with faster delivery windows because freight moves directly from dock to dock without the slow handoffs, warehouses, or cross-docking infrastructure that LTL depends on. For carriers, Oway’s integration can increase annual revenues by up to 30% with minimal impact on existing schedules. They simply earn more by monetizing space that would have gone unused. Our mission is to transform empty truck space into an asset that strengthens U.S. competitiveness. By lowering the cost of goods sold, we help businesses grow. By improving carrier margins, we make trucking more sustainable. And by digitizing and decentralizing freight, we are laying the foundation for a resilient, transparent logistics layer that can support America’s reindustrialization in the decades ahead. Oway makes freight shipping as simple as ridesharing - click a button, book a truck, and move goods at the true cost of available capacity.
Facts
- B2B / B2B -> Infrastructure
- San Francisco, CA, USA
- 10
- Active
- Early
Founders (1)
- Phillip Nadjafov
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