Generative AI Software
Tive, founded in 2015 by CEO Krenar Komoni, is a supply chain visibility company that sells IoT tracking devices paired with a SaaS platform to help shippers monitor the real-time location and condition of freight across road, air, and ocean. Komoni, a former RF chip designer, built the first prototype in 2015 after watching his father-in-law spend evenings on the phone trying to locate his truck drivers, and signed him up as the first customer at $19.99 per month.
The company has grown from $250K in recognized revenue in 2019 to $100M in 2026, a trajectory that includes $2.5M in 2020, $10M in 2021, $19.5M in 2022, $29M in 2023, $45M in 2024, and $67M in 2025. Tive has raised $135.5M in total funding across eight rounds, most recently a Series C1 of $20M at a $545M post-money valuation in 2025. The company serves 1,300 customers, nine of which pay more than $1M per year, and operates with 243 employees including 32 quota-carrying AEs and 11 SDRs.
The single most striking strategic fact is that 60% of new ARR comes from upsell and expansion within existing accounts, a land-and-expand motion powered by a proprietary IoT plus SaaS business model that generates billions of data points per quarter, positioning Tive to pursue what Komoni calls autonomous supply chain, where AI agents handle freight coordination end to end without human intervention.
