2024 Startups to Watch: Lotus TMS transforming intermodal trucking with yin-yang balance in the C-Suite

January 3, 2024  |  Taylor Wilmore

Holly Small and Neelima Parasker, Lotus TMS

Editor’s note: Startland News editors selected 10 Kansas City scaling businesses to spotlight for its annual Startups to Watch list. Now in its ninth year, this feature recognizes founders and startups that editors believe will make some of the biggest, most compelling news in the coming 12 months. The following is one of 2024’s companies.

Click here to view the full list of Startups to Watch — presented with support from the Ewing Marion Kauffman Foundation, and independently produced by Startland News.

When Holly Andra Small and Neelima Parasker launched Lotus TMS in April 2023, the duo hoped to introduce a game-changing solution to a persistent problem in the intermodal trucking sector. 

Their innovative transportation management system allows for intermodal trucking companies to streamline their operations with ease, marking a significant advancement in the industry.

Elevator pitch: Designed for drayage companies, by a drayage company with more than 45 years industry experience, Lotus TMS was developed by one of the best technology companies in the business. Our first version focuses on the industry’s most immediate need: the intermodal sector of trucking.

  • Founders: Neelima Parasker, Holly Andra Small
  • Headquarters: Kansas City, Missouri
  • Founding year: 2023
  • Current employee count:
  • Funding amount raised to date: N/A
  • Noteworthy investors:  N/A
  • Noteworthy programs completed: LaunchKC

“There’s a lot of different legs to the journey of intermodal freight. Trucking needs really incredible resources to help manage all of that, and it just didn’t exist,” said Small, calling existing systems “archaic and difficult to use.”

With a family legacy in intermodal trucking since 1977, Small observed the complexity of transferring containers from trains and ships to truckloads. She recognized the overdue need for an efficient operations system, so she set out to create her own.

“It’s complicated, and the intermodal industry developers couldn’t handle it,” said Small.

Her partnership with Parasker, founder of Overland Park-based SnapIT Solutions, bringing tech expertise to the table, became the breakthrough to turning her vision into reality.

“(Parasker’s team is) so gifted and talented. This is a true partnership of minds coming together,” said Small.

“A lot of systems that were previously built were done with very little user interface, feedback, and design thinking,” added Parasker, building on the challenge Small detailed. 

Likening the user experience of previous systems to a “square peg in a round hole,” Parasker too saw operators struggle with untouched, outdated systems built decades ago with limited efficiency. 

“(Developers) never touched it because it’s complicated, and it’s always compliance driven. But based on how they’ve created the product, they created the problem themselves,” said Parasker.

Seeing their partnership as a yin-yang — Small contributing her intermodal trucking knowledge, while Parasker, a mechanical engineer, manages logistics — they developed a solution together.

“We have a very good balance of strengths, but then we can also come together to build,” said Small.

“You can’t just be tech or just intermodal, you have to be able to speak both languages, and that’s why it hasn’t been done before,” added Parasker.

2023 LaunchKC staff and winners; photo by Mark McDonald, Downtown Council

Neelima Parasker and Holly Andra Small, Lotus TMS, at the 2023 LaunchKC reveal celebration; photo by Tommy Felts, Startland News

With trucking offering just a 3 percent profit margin, drivers are watching their money closely to ensure operations are running smoothly, Parasker and Small said, recognizing how Lotus TMS could factor in, easily connecting with pay and invoice management systems like Quickbooks.

“That’s why we were able to create a successful system, because we have the ability to zoom out, see the problem, and take it down into tangible modules that are truly needed within the business,” said Small.

Container management of the entire load from Point A to Point B is also managed within Lotus TMS, making the system an easy-to-use, one-stop shop for drivers onboarding. 

“The 27-year-old to the 70-year-old in the office can all learn it and do it for a half an hour, and that’s all they need to do,” said Small. 

With a product in place, Parasker and Small believe they are ready to scale to partnerships with several intermodal trucking companies.

The pair also envision their system targeting large trucking companies, aiming to offer services for enterprises that might currently lack the capability for intermodal operations.

An IOS mobile app version of Lotus TMS is also on the way, Parasker and Small teased, making the system even more accessible for drivers.

“The industry will always need us, even though technology needs to be updated and kept abreast, most of the hard work is done,” said Parasker.

“The foundation we have is great,”  Small added.

Kansas City Startups to Watch in 2024

[slide-anything id=”696451″]

Startups to Watch is possible thanks to support from the Ewing Marion Kauffman Foundation, a private, nonpartisan foundation that works together with communities in education and entrepreneurship to create uncommon solutions and empower people to shape their futures and be successful.

For more information, visit www.kauffman.org and connect at www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      <span class="writer-title">Taylor Wilmore</span>

      Taylor Wilmore

      Taylor Wilmore, hailing from Lee’s Summit, is a dedicated reporter and a recent graduate of the University of Missouri, where she earned her Bachelor’s degree in Journalism. Taylor channels her deep-seated passion for writing and storytelling to create compelling narratives that shed light on the diverse residents of Kansas City.

      Prior to her role at Startland News, Taylor made valuable contributions as a reporter for the Columbia Missourian newspaper, where she covered a wide range of community news and higher education stories.

      2024 Startups to Watch

        stats here

        Related Posts on Startland News

        Kansas Angel Investor Tax Credits

        Infographic: Impact of the Kansas Angel Investor Tax Credits

        By Tommy Felts | March 8, 2016

        Facing a massive budgetary crisis, the State of Kansas may be placing the Kansas Angel Investor Tax Credit program on the chopping block. The popular program — tapped by more than 300 startups in its 11 years — has had a tremendous impact on the area startup community but is scheduled to sunset after 2016. Since…

        Holt: Early-stage capital isn’t Kansas City’s biggest problem

        By Tommy Felts | March 8, 2016

        Rack your brain and create a list of local tech businesses that have successfully raised early-stage capital in Kansas City. The list is actually quite extensive. Now try to list the tech firms that have raised later stage capital in Kansas City — defined as closing a round of $5 million or more. It’s going…

        Kansas City’s Smart City taking shape with kiosks’ arrival

        By Tommy Felts | March 8, 2016

        The first physical elements of Kansas City’s Smart City project have sprung up in downtown. On Monday morning, the City of Kansas City, Mo. installed two digital kiosks on the 1300 block of Grand Boulevard. The seven-foot-tall, touchscreen kiosks — only two of 25 total — will provide users details on city services and real-time information…

        Regional Roundup

        Austin’s ‘hostile attitude’ toward innovation, startup hub trends

        By Tommy Felts | March 3, 2016

        Here’s this week’s dish on lesson’s learned from Austin’s “hostile attitude” toward innovation, booming non-Silicon Valley startup hubs and what startups can do for the future workforce. Check out more in this series here. AustinInno: Austin just scared off 1 of its ‘biggest supporters’ in Silicon Valley The Austin, Texas City Council’s recent decision to…