Ship Angel

About Ship Angel

Ship Angel provides an AI-powered rate management platform that ingests shipping rates in any format and automates updates to optimize logistics decisions for cargo owners and shippers. The platform eliminates the inefficiencies of manual rate management, enabling users to save time and reduce freight costs by over 5%.

```xml <problem> Managing global shipping rates is complex and time-consuming, often involving numerous spreadsheets and manual updates. Discrepancies in contracts and amendments can lead to errors and unexpected costs. Keeping track of surcharges and various rate types across different modes of transport adds further complexity. </problem> <solution> Ship Angel offers an AI-powered rate management system that automates the ingestion, updating, and deployment of global shipping rates, regardless of the input format. The platform consolidates ocean, air, and road rates into a single interface, enabling users to efficiently compare options and make informed decisions. Amendment Guard automatically scans new contracts and amendments to identify discrepancies, allowing users to approve or reject changes before they impact operations. By streamlining rate management and providing real-time visibility, Ship Angel helps shippers reduce freight costs and improve supply chain efficiency. </solution> <features> - AI-powered rate ingestion that automatically processes rates in any format - Amendment Guard feature that identifies discrepancies in new contracts and amendments - Multi-modal support for ocean, air, and road freight rates - User permission management for controlling access to rate information - API integrations for connecting to existing supply chain systems - Automated surcharge updates to reflect the latest port congestion and emergency fees - Proprietary AI platform that continuously evolves to improve rate accuracy and optimization </features> <target_audience> The primary target audience includes cargo owners, shippers, and BCOs (Beneficial Cargo Owners) who manage global shipping operations and seek to optimize their freight spend. </target_audience> <revenue_model> Ship Angel generates revenue through subscription fees based on platform access and usage. </revenue_model> ```

What does Ship Angel do?

Ship Angel provides an AI-powered rate management platform that ingests shipping rates in any format and automates updates to optimize logistics decisions for cargo owners and shippers. The platform eliminates the inefficiencies of manual rate management, enabling users to save time and reduce freight costs by over 5%.

Where is Ship Angel located?

Ship Angel is based in East New York, United States.

When was Ship Angel founded?

Ship Angel was founded in 2023.

How much funding has Ship Angel raised?

Ship Angel has raised 5500000.

Who founded Ship Angel?

Ship Angel was founded by Dan Healy.

  • Dan Healy - Founder
Location
East New York, United States
Founded
2023
Funding
5500000
Employees
18 employees
Major Investors
Glasswing Ventures
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Ship Angel

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Ship Angel provides an AI-powered rate management platform that ingests shipping rates in any format and automates updates to optimize logistics decisions for cargo owners and shippers. The platform eliminates the inefficiencies of manual rate management, enabling users to save time and reduce freight costs by over 5%.

shipangel.com1K+
cb
Crunchbase
Founded 2023East New York, United States

Funding

$

Estimated Funding

$5.5M+

Major Investors

Glasswing Ventures

Team (15+)

Dan Healy

Founder

Company Description

Problem

Managing global shipping rates is complex and time-consuming, often involving numerous spreadsheets and manual updates. Discrepancies in contracts and amendments can lead to errors and unexpected costs. Keeping track of surcharges and various rate types across different modes of transport adds further complexity.

Solution

Ship Angel offers an AI-powered rate management system that automates the ingestion, updating, and deployment of global shipping rates, regardless of the input format. The platform consolidates ocean, air, and road rates into a single interface, enabling users to efficiently compare options and make informed decisions. Amendment Guard automatically scans new contracts and amendments to identify discrepancies, allowing users to approve or reject changes before they impact operations. By streamlining rate management and providing real-time visibility, Ship Angel helps shippers reduce freight costs and improve supply chain efficiency.

Features

AI-powered rate ingestion that automatically processes rates in any format

Amendment Guard feature that identifies discrepancies in new contracts and amendments

Multi-modal support for ocean, air, and road freight rates

User permission management for controlling access to rate information

API integrations for connecting to existing supply chain systems

Automated surcharge updates to reflect the latest port congestion and emergency fees

Proprietary AI platform that continuously evolves to improve rate accuracy and optimization

Target Audience

The primary target audience includes cargo owners, shippers, and BCOs (Beneficial Cargo Owners) who manage global shipping operations and seek to optimize their freight spend.

Revenue Model

Ship Angel generates revenue through subscription fees based on platform access and usage.