Make way for Expedock! This startup uses AI and automation to make international shipments faster, more efficient and more profitable than ever before. Now, they've just raised a $13.5M Series A led by Insight Partners!

• They work with some of the largest brands in the global supply chain like Wayfair, ClearFreight, and JUSDA.
• Founded in 2019, they grew 12x in 2021 and 600% in the past year.

Investor check. WIN, Decent Capital, Motion Ventures, Fourth Realm, Neo and Pea and more also joined in.

• They raised a $4M seed early last year.

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✅ Why it matters

They're solving some of the biggest operational problems in the billion-dollar global supply chain industry, NBD.

• Forget spending weeks on manual invoice entry and auditing. Focus on the real work.
• No more losing trucking capacity because of late payments, so you'll ship more efficiently and quickly!
• Grow the business without spending more on labor costs— just use Expedock.

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🧐 How it works

They connect all your physical and digital data sources into one platform and quickly extract and classify all that data. Then, they bring them into the freight forwarder tools you already use.

• They work with freight forwarders and logistics solutions providers.
• Their tech helps move tens of thousands of freight containers internationally every week.

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🔢 Need the specifics?

They'll extract the data on account statements and create payable invoices that they audit for you. (Usually, some unfortunate coworker would have to do this for hours!)

• Their AI processed a 38-page commercial invoice at 99.97% accuracy.
• If the data entry isn't 99.97% accurate, you get your $$$ back. They're that confident.

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💰 What's with the $$$?

They'll double down on product development, hiring engineers and account executives and growing the number of integrations on their platform.

• The AI-powered features up next: fraud detection in supply chain payments and prediction (vendor churn and margins).