Ship Angel Raises $5M Funding to Enhance AI-Native Platform for International Shippers
Ship Angel is a leading SaaS solutions provider in the logistics industry, dedicated to transforming freight management for BCOs through advanced AI-native platforms.
Company Name: Ship Angel
Location: NYC, NY
Sector: Logistics, Artificial Intelligence
Funding Details: Raised $5M in funding. The round was led by Glasswing Ventures and newark venture partners (nvp), with additional participation from Bienville Capital, Socii Capital, and Plug and Play.
Purpose of Investment: To support the expansion of its ocean and air freight rate management platform and launch two new AI-powered solutions aimed at optimizing workflows for beneficial cargo owners (BCOs).
Leadership: Led by CEO Graham Parker.
Product: Ship Angel offers a logistics operating system that streamlines freight processing, enhances data accuracy, and achieves significant time and cost savings for the BCO shipper community. The platform’s new products, Contract Amendment Guard and Invoice Audit, introduce crucial automations to the rate management process, significantly improving the financial performance of BCOs.
About Company: Ship Angel is a leading SaaS solutions provider in the logistics industry, dedicated to transforming freight management for BCOs through advanced AI-native platforms. The company’s solutions facilitate smoother operations by automating key processes and ensuring higher accuracy and efficiency.