Ship Angel: Revolutionizing International Shipping with AI Solutions

June 18, 2024, 9:33 pm
Ship Angel
Ship Angel
FastServiceShipping
Total raised: $5M
Ship Angel, a cutting-edge AI-native platform for international shippers, recently secured $5 million in funding to enhance its innovative solutions. Led by Glasswing Ventures and Newark Venture Partners, with support from Bienville Capital, Socii Capital, and Plug and Play, Ship Angel is set to transform the shipping industry with its new AI-powered products.

Ship Angel's latest offerings, Contract Amendment Guard and Invoice Audit, are designed to streamline the rate management process for beneficial cargo owners (BCOs) and drive significant improvements in efficiency and cost savings. Amendment Guard acts as a vital communication tool between carriers/forwarders and shippers, identifying changes in surcharges, free time, and transit times. Meanwhile, Invoice Audit leverages AI technology to match bookings with accurate dates and rates, reducing errors and saving valuable time.

CEO Graham Parker expressed excitement about the potential impact of Ship Angel's solutions on the global shipping industry, highlighting the company's commitment to delivering value, efficiency, and data accuracy to BCOs. Glasswing Ventures' Rudina Seseri praised Ship Angel's focus on user experience and industry expertise, setting a new standard for digital shipping solutions. Newark Venture Partners' Thomas Wisniewski commended Ship Angel for revolutionizing logistics operations and fostering collaboration in the shipping ecosystem.

With its innovative AI technology and dedication to addressing industry challenges, Ship Angel is poised to revolutionize the way international shipping is managed, paving the way for a more efficient and transparent supply chain.