Simple, end-to-end automation for logistics orgs
Company was acquired
Event Year: 2016
Company was acquired
Event Year: 2016
Shipamax developed a core technology designed to interpret a wide range of logistics documents, converting them into a business-ready, machine-readable format. This capability addresses a significant pain point in the logistics industry. While online ordering appears seamless to consumers, the underlying processes involved in physically moving goods globally are often complex and fragmented. These transactions can involve up to twenty different companies, each with its own systems and teams, leading to substantial manual effort. Shipamax's technology streamlines these behind-the-scenes operations, simplifying them for its customers. By automating document processing and data extraction, Shipamax aimed to enhance scalability and adaptability within the logistics sector, enabling it to better meet the demands of today's fast-paced, on-demand economy.
Shipamax developed a core technology designed to interpret a wide range of logistics documents, converting them into a business-ready, machine-readable format. This capability addresses a significant pain point in the logistics industry. While online ordering appears seamless to consumers, the underlying processes involved in physically moving goods globally are often complex and fragmented. These transactions can involve up to twenty different companies, each with its own systems and teams, leading to substantial manual effort. Shipamax's technology streamlines these behind-the-scenes operations, simplifying them for its customers. By automating document processing and data extraction, Shipamax aimed to enhance scalability and adaptability within the logistics sector, enabling it to better meet the demands of today's fast-paced, on-demand economy.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2017
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2017
B2B
B2B
B2B -> Supply Chain and Logistics
B2B -> Supply Chain and Logistics
Team size: 32
Hiring: No
Team size: 32
Hiring: No