WayTrade provides a digital marketplace that connects renewable‑fuel producers with vetted suppliers of low‑carbon feedstocks such as used cooking oil. The platform automates pricing, logistics, quality testing, compliance verification and payment, offering real‑time visibility and risk monitoring for global trade. Integrated APIs enable seamless connection to enterprise ERP and supply‑chain systems.
Funding
Funding not disclosed
Founders
Product
Problem
Companies that produce renewable fuels need reliable, low‑carbon feedstocks such as used cooking oil (UCO), but sourcing these materials is hampered by fragmented supplier networks, opaque pricing, complex logistics, and stringent EPA/EU traceability and compliance requirements.
Solution
WayTrade operates a technology‑first marketplace that digitally matches global buyers and vetted sellers of low‑carbon feedstocks. The platform automates the full trade lifecycle—from request submission, supplier matching, and AI‑driven route optimization to quality testing, transportation coordination, compliance verification, and secure payment settlement. By centralizing data and providing end‑to‑end visibility, WayTrade ensures traceable, competitively priced transactions while shielding participants’ identities and reducing administrative overhead. Integrated risk‑assessment models also flag geopolitical or regulatory shifts that could impact trade execution, allowing users to make informed decisions in real time.
Target Audience
Primary customers are renewable‑fuel producers, refiners, and large‑scale biodiesel manufacturers seeking reliable UCO supplies, as well as feedstock aggregators and waste‑oil processors looking to sell to a global buyer base.
Features
- Global, screened network of approved UCO and other low‑carbon feedstock suppliers, searchable via a web‑based portal
- Machine‑learning algorithms that calculate optimal pricing and transportation routes based on cost, time, and carbon‑impact metrics
- End‑to‑end trade orchestration covering product quality testing, inventory management, carrier booking, real‑time GPS tracking, and automated invoicing
- Automated compliance engine that validates each transaction against EPA, EU, and company‑specific sustainability policies, generating audit‑ready documentation
- Secure, encrypted data storage with role‑based access controls; all trade details remain anonymous to competing parties
- Integrated risk‑assessment module that monitors geopolitical events and regulatory changes to proactively adjust trade recommendations
- API and dashboard interfaces for seamless integration with enterprise ERP, supply‑chain, and reporting systems