Passage

About 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.

```xml <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. </problem> <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. </solution> <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 </features> <target_audience> Passage is designed for importers, customs brokers, and supply chain professionals who need to accurately classify goods and streamline customs clearance processes. </target_audience> ```

What does Passage do?

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.

Where is Passage located?

Passage is based in San Francisco, United States.

When was Passage founded?

Passage was founded in 2024.

How much funding has Passage raised?

Passage has raised 500000.

Who founded Passage?

Passage was founded by Terrell Marshall and Aditya Nadkarni.

  • Terrell Marshall - Founder
  • Aditya Nadkarni - Co-founder
Location
San Francisco, United States
Founded
2024
Funding
500000
Employees
2 employees
Major Investors
Y Combinator
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Passage

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

Executive Summary

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.

trypassage.com200+
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Crunchbase
Founded 2024San Francisco, United States

Funding

$

Estimated Funding

$500K+

Major Investors

Y Combinator

Team (<5)

Terrell Marshall

Founder

Aditya Nadkarni

Co-founder

Company Description

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.

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

Target Audience

Passage is designed for importers, customs brokers, and supply chain professionals who need to accurately classify goods and streamline customs clearance processes.

Passage - Funding: $500K+ | StartupSeeker