BUKU provides a platform that integrates with existing e-commerce systems to facilitate international shipping by ensuring customs compliance and real-time duty calculations at checkout. This enables businesses to deliver products globally within 4-9 business days while minimizing shipping costs and eliminating unexpected fees for customers.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many e-commerce businesses struggle with the complexities of international shipping, including navigating customs regulations, calculating duties and taxes, and ensuring timely delivery. Unexpected fees and delays can lead to customer dissatisfaction and lost sales.
Solution
BUKU provides a platform that integrates with e-commerce systems to streamline international shipping. The platform ensures customs compliance and provides real-time duty and tax calculations at checkout, preventing unexpected costs for customers. By leveraging partnerships and advanced customs technology, BUKU enables businesses to ship products globally with faster customs clearance, typically within 4-9 business days. The service integrates with existing shipping solutions, such as Shopify and ShipStation, to minimize disruption to current workflows.
Target Audience
The primary target audience includes e-commerce businesses that sell products online and want to expand their reach to international customers while minimizing shipping costs and compliance complexities.
Features
- Real-time calculation and collection of global duties, taxes, and customs fees at checkout using the IntelliRate app
- Automated customs label approval and product registration within 48 hours
- Integration with Shopify, ShipStation, and other e-commerce platforms
- Management of USMCA documentation for cross-border shipping within North America
- Certification of international QRC/barcodes for global compliance
- Registration of Certificates of Analysis (COAs) when required
- IOSS account registration for efficient customs clearance and duty-paid deliveries