The problem
Shippers can't see where high-value or perishable cargo is, or if it's damaged or stolen, until too late
What they do
Cellular shipment trackers plus cloud platform for real-time location and condition monitoring
Traction $100M booked ARR (May 2026), revenue +49-55% YoY; 1,400+ customers
Hiring trend
- Open roles
- 24
- Ops roles
- 3
- Headcount
- ~260-313
Headcount ~243 (Jan 2025) → ~313 on LinkedIn (Oct 2026); WTTJ shows -7% in 12 mo (conflicting); 24 open roles
Glassdoor
3.6 ★ 43 reviews ↗Funding
- Last round
- $20M
- Stage
- Series C (C1)
- Date
- Jan 2026
Led by Lightsmith Group (PE growth)
- Hiring+1.524 open roles on the live job board (10–29 roles = +1.5)
- Funding recency+1Series C (C1) · $20M, Jan 2026 (9 months ago): 6–12 months = +1
- Traction0No growth signal counted: $100M booked ARR (May 2026), revenue +49-55% YoY; 1,400+ customers
- Red flags0Watch-outs noted below, none scored as a significant flag
- Total2.51.5 + 1 + 0 − 0 = 2.5 → Steady (1.5–3.49)
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: cheaper at size
Leading independent real-time tracker vendor at ~$100M ARR with 4.8M trackers shipped and 60% of new ARR from expansion; but trackers risk commoditizing (Roambee, Controlant, Sensitech) and visibility platforms like project44 and FourKites sit above it.
Sources: Tive: H1 2026 record, $100M ARR (Sep 2026) ↗ · Latka: Tive CEO interview, $100M run rate, 60% of new ARR from expansion ↗ · Teardown: Tive commoditization critique ↗
Watch-outs
Repeated layoff rounds: Glassdoor reviews (Jan and Jun 2025) describe six rounds of layoffs, including most of the female leadership team and staff on leave; Welcome to the Jungle shows -7% headcount in 12 months (LinkedIn shows growth, so trend is mixed).
Sources: Glassdoor: Tive layoff reviews (Jan 2025 'Trust no one', Jun 2025) ↗ · Glassdoor: Tive Boston reviews ↗ · Teardown: Tive deep dive (layoff and leadership-turnover reviews) ↗ · Welcome to the Jungle: Tive (-7% employee growth in 12 months) ↗
Last checked Oct 25, 2026