Northbound
Date | Investors | Amount | Round |
---|---|---|---|
* | €1.3m | Seed | |
Total Funding | CAD2.0m |
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EditNorthbound.ai operates in the logistics and supply chain management sector, focusing on optimizing container flows and reducing demurrage and detention (D&D) costs. The company serves businesses that rely on container shipping, such as manufacturers, retailers, and logistics providers. Northbound.ai's business model revolves around a subscription-based software-as-a-service (SaaS) platform that leverages artificial intelligence to automate the verification of D&D invoices and provide real-time data analysis. This helps clients achieve operational excellence and transparency in their logistics operations. Revenue is generated through subscription fees paid by clients for access to the platform and its features. The company aims to transform how businesses manage their container logistics by providing actionable insights and automated solutions.
Keywords: AI, logistics, container flow, demurrage, detention, real-time data, SaaS, invoice auditing, supply chain, transparency.