iCustoms.AI, a London, UK-based AI-powered trade compliance solutions provider, closed a $2.2 million seed funding.
Investors
Fuel Ventures, PlugnPlay, Outrun Ventures, Montblu Capital, SyndicateRoom, and leading angels participated in the round.
Use of Funds
The investment will drive the company's growth into groundbreaking innovations and further development of its trade compliance platform. The funds will also used to enhance iCustoms' technology and expand its team.
About the Company
iCustoms.AI offers an AI-driven trade compliance management platform, providing fully automated customs management solutions for importers, exporters, customs agents, brokers, freight forwarders, logistics service providers, eCommerce, and courier companies. The company offers a suite of software products designed to automate customs declaration processes, ensure compliance, and minimize manual work for global enterprises. iCustoms.AI's vision is to redefine the industry landscape by offering a powerful and indispensable solution for businesses worldwide.
Funding Details
Company: iCustoms
Raised: $2.2M
Round: Seed Round
Funding Month: March 2024
Investors: Fuel Ventures, PlugnPlay, Outrun Ventures, Montblu Capital, SyndicateRoom
Company Website: https://www.icustoms.ai/
Software Category: Customs Declaration Software
Source: https://www.prweb.com/releases/icustomsai-raises-2-2-million-to-revolutionise-trade-compliance-with-ai-302100466.html