Founder & CEO
Profile summary: BS in Computer Science at University of California, Santa Barbara
Passage
Passage provides a platform that automates HTSUS classification and validates data across shipping documents, reducing the risk of costly penalties and delays. By pre-filling entry filings from commercial invoices and bills of lading, it enhances efficiency in customs brokering processes.
- Artificial Intelligence
- Data & Analytics
- Enterprise Software
- Logistics & Supply Chain
- Software Only
Updated 7 months ago
Funding
Raised to date
$500KRaised 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.
across 1 round
$500K · Convertible Note
Announced Sep 2024
Disclosed cumulative: $500K
RoundDateAmountValuationInvestors
Founders
Product
Problem
Manually classifying goods under the Harmonized Tariff Schedule of the United States (HTSUS) is complex and time-consuming, leading to errors, delays, and potential penalties for importers and customs brokers. Discrepancies between shipping documents further exacerbate these challenges, increasing the risk of non-compliance.
Solution
Passage automates HTSUS classification and validates data across shipping documents, mitigating the risk of penalties and delays. The platform leverages provided information to suggest relevant HTSUS codes, cross-rulings, and applicable ADD/CVD orders. By automatically pre-filling entry filings from commercial invoices, packing lists, and bills of lading, Passage streamlines the customs brokering process, improving efficiency and accuracy.
Target Audience
Passage is designed for importers, customs brokers, and supply chain professionals who need to accurately classify goods and streamline customs clearance processes.
Features
- Automated HTSUS classification suggestions based on product descriptions and attributes
- Cross-referencing with existing rulings and trade regulations
- Data validation across commercial invoices, packing lists, and bills of lading to identify inconsistencies
- Automatic pre-filling of entry filings to reduce manual data entry