The startup offers an AI-based platform that enhances data for postal operators, online retailers, eCommerce platforms, and carriers by providing services such as duty and tax calculation, and screening for prohibited goods and denied parties. This platform improves compliance and minimizes operational friction, enabling clients to navigate complex regulatory environments more efficiently.
Funding
$17.4M 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
Cross-border eCommerce businesses face challenges related to varying international regulations, including accurate duty and tax calculation, compliance with import/export laws, and screening for prohibited goods and denied parties. Inaccurate or incomplete data can lead to delays in customs clearance, increased costs, and potential penalties.
Solution
Hurricane Commerce provides AI-driven data solutions that enable seamless customs clearance and compliance for cross-border eCommerce. Its core offering includes a suite of APIs that deliver real-time data for HS code classification, duty and tax calculation, prohibited and restricted goods screening, and denied parties screening. By leveraging vertical AI technology, Hurricane Commerce removes customs barriers, speeds up delivery, reduces costs, and enhances the consumer experience. The platform supports compliance with regulations such as Type86, ICS2, and IOSS, ensuring the frictionless movement of goods across international borders.
Target Audience
The primary target audience includes carriers, retailers, customs brokers, freight forwarders, postal operators, marketplaces, carrier management systems, airlines, and professional services involved in cross-border eCommerce.
Features
- AI-driven platform for real-time data enhancement and compliance
- HS Code Classification: Automatic classification of products with up to 10-digit HS codes
- Duty & Tax Calculation: Accurate calculation of duties and taxes to provide cost transparency
- Prohibited & Restricted Goods Screening: Screening for prohibited and restricted items to ensure compliance with import/export regulations
- Denied Parties Screening: Screening against denied parties lists to prevent transactions with illegal entities
- Kona API: All-in-one API for cross-border data and compliance
- Zephyr Matching Engine: HS6 matching and data enhancement solution
- Aura Calculation & Compliance Engine: Duty & tax calculation, prohibited & restricted goods screening, and denied parties screening in one API call
- Real-time updates: Data-driven APIs updated in real-time with changes to global tariffs and regulations