Ship Angel

Ship Angel

Centralized global platform for shipping rates enriched with crucial data points for informed decision-making.

HQ location
New York City, United States
Launch date
Employees
Enterprise value
$20—30m
Recent deals
More about Ship Angel
Made with AI
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Ship Angel operates in the FreightTech sector, providing a centralized global platform for managing shipping rates. The company serves business-to-business (B2B) clients, including Beneficial Cargo Owners (BCOs) and supply chain teams, who require efficient and accurate shipping rate management. Ship Angel's platform integrates various data points such as transit schedules, CO2 impact, and benchmarking data to offer a comprehensive view of shipping options. The platform uses artificial intelligence (AI) to automatically update rates 24/7, simplifying the procurement process and reducing the time and cost associated with managing shipping rates. The business model is subscription-based, where clients pay for access to the platform and its suite of tools. Revenue is generated through these subscriptions and potentially through additional services like invoice auditing and advanced analytics. Ship Angel's market includes logistics, supply chain management, and freight procurement sectors, focusing on companies looking to optimize their shipping processes and reduce costs. The platform's ability to provide a single source of truth for shipping rates and its use of AI to enhance decision-making are key differentiators in the market.

Keywords: FreightTech, AI, shipping rates, B2B, supply chain, logistics, procurement, data integration, subscription model, CO2 impact.

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Investments by Ship Angel

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WaySync
ACQUISITION by Ship Angel Jul 2023