Waybill
Waybill is a procurement platform that manages the entire component buying process for hardware teams—from sourcing and negotiation to freight, customs, and delivery. Users submit a part request in any format, and Waybill maps licensed sources worldwide, sends RFQs, compares quotes by true landed cost, and presents a single recommended option with a fallback held in reserve. The platform handles all payments and logistics, so users only approve one all-in price.
- Commerce & Shopping
- Logistics & Supply Chain
- Software Only
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.
Founders
Founder details are not available yet.
Product
Problem
Hardware teams waste days managing component procurement through fragmented email threads with suppliers, forwarders, customs brokers, and internal stakeholders. Information is diluted across 5–6 handoffs per order, leading to redundant orders, missed deadlines, and line-down situations.
Solution
Waybill is a procurement platform that manages the entire component buying process—from sourcing and negotiation to freight, customs, and delivery—after a user submits a part request. Users describe what they need in any format (part number, plain-English description, BOM file, or PLM sync), and Waybill maps every licensed source worldwide, sends RFQs to all of them at once, and compares quotes by true landed cost, lead time, and authenticity. The platform negotiates the leading quote down, presents one recommendation with a runner-up held in reserve, and handles all payments and logistics so the user only approves a single all-in price.
Target Audience
Primary customers are hardware teams and engineering organizations that design and manufacture physical products and need to procure electronic components and other parts at scale.
Features
- Accepts part requests in multiple formats: exact part numbers, plain-English descriptions, BOM file uploads, or direct PLM system sync
- Maps every source licensed to sell the requested part, including authorized distributors, franchised lines, and in-person vetted brokers
- Sends RFQs to all qualified sources simultaneously and compares quotes by true landed cost (freight and duties included), lead time, MOQ, and authenticity proof
- Automatically negotiates leading quotes down on the buyer's behalf before presenting a single recommendation
- Holds the runner-up supplier quote live in reserve at no cost, enabling rapid fallback if the primary source fails
- Integrates with Gmail for supplier account verification during active workflows, storing credentials in an encrypted vault
- Provides a single all-in payment covering parts, freight, duties, clearance, and delivery, with Waybill settling all parties in the chain