Everysens raises 6 million euros to accelerate the decarbonization of freight transport

March 19, 2024

Everysens, European leader in TVMS (“Transport Visibility & Management System”) software solutions for rail freight management, announces a series A structured by Alter Equity, a pioneer impact investment fund in France.

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Everysens, European leader in TVMS (“Transport Visibility & Management System”) software solutions for rail freight management, announces a Series A structured by Alter Equity, a pioneer fund in impact investing in France. The operation also involves the Hauts-de-France regional investment fund Rev3 Capital as well as Business Angels who are already investors.

Created in 2015 by Youness Lemrabet, Everysens designed the first software for managing rail freight flows to make this mode of transport more reliable, efficient and accessible to manufacturers. Its uniqueness consists in organizing the interaction between all stakeholders (shippers, wagon rental companies, rail operators, network operators, transporters, freight recipients) to manage all of its rail transport operations. Unlike traditional software, the tool makes it possible to identify all the hazards in the field in real time (estimation of the time of arrival, technical incident, change of itinerary, external hazard, etc.) that may impact the quality of transport service.

The ambition of the start-up is to decarbonize freight transport by accelerating the modal shift from road to rail, which emits an average of 9x fewer greenhouse gases, pollutes the air 8x less and reduces the risk of fatal accidents by 85¹.

Everysens counts among its customers the largest industrial shippers in Europe in the fields of chemicals, cereals, steel and construction materials such as ArcelorMittal, Arkema, Cargill, Cargill, CRH, CRH, HeidelbergCement and TotalEnergies. Their interest in this solution allows the company to anticipate a doubling of its turnover over the next three years.

Accelerate the deployment of Everysens in Europe.

The funds raised will allow Everysens to strengthen its presence and teams in Europe with a significant investment in the DACH region (Germany, Austria, Switzerland) where railways are twice as developed as in France. Continued investments in R&D will consolidate its differentiation. The company thus announces the creation of a CO2 calculator that is unique in its category because it is based on real data from each rail transport. It will allow manufacturers to measure and value the carbon impact of their shipments.

“The digitalization of rail freight is an essential lever for complying with the ambitions of the European Green Deal, which aims to double the share of rail in freight transport to 30% by 2030². With this funding, our ambition is to take a decisive step forward in supporting rail freight users in order to increase their volume of goods transported by rail. The challenge for us is to support our customers in their digital transformation towards more carbon-free transport, with an environmental and economic ROI that is perfectly aligned! We are happy to have won the trust of the pioneer impact fund in France as well as the fund dedicated to the energy transition in our beautiful Hauts-de-France region,” says Dr. Youness Lemrabet.

Fanny Picard, President of Alter Equity, adds: “Transport generates a quarter of greenhouse gas emissions in Europe. By facilitating the use of railways for freight transport, Everysens allows its customers to seize one of the key levers for decarbonizing their activities. The values, vision and quality of the management team also played a decisive role in our investment choice.”

Guillaume Thomé, Investment Director of Rev3 Capital, adds: “We are delighted to support Everysens in achieving its mission to decarbonize freight transport in Europe. The company based in Hauts-de-France, a true cradle of the railway industry, addresses a market driven by the European ambitions of the Green Deal. We were convinced by the quality of the teams and the vision of its manager, Youness Lemrabet.”

¹ “Rail freight, a lever for a strong economy that reconciles production and climate”, Alliance 4F, 2020

² “30 by 2030 — how rail freight achieves its goals”, Rail Freight Forward (RFF), 2020