ClearMetal builds a Continuous Delivery Experience (CDX) platform for supply chain and logistics that uses proprietary machine learning to cross-reference inputs, enrich data, and surface trustworthy, actionable information. The platform continually learns and adjusts to drive constant improvement in delivery and customer experience, and the company has multiple patents pending. ClearMetal says the new funding will enable further development of its CDX Platform and accelerate go-to-market efforts with top-tier clients. Financially, the company reported 400% year-over-year revenue growth and has raised more than $31M to date after an additional $15M round. ClearMetal doubled its workforce, expanded its San Francisco headquarters, and opened offices in New York, Chicago, Houston, London, and Switzerland. It serves customers on four continents and has added senior sales and marketing leadership to support growth. ClearMetal offers a SaaS platform that uses artificial intelligence to canonicalize freight data and provide end-to-end visibility across supply chains. Its technology delivers predictive insights to help companies make inventory decisions, predict transit delays, and select ocean carriers by analyzing service reliability. The platform aims to replace spreadsheets and legacy systems by standardizing freight data and surfacing actionable predictions to avoid emergency air shipments and cut costs. Customers have cited tens of millions of dollars of value potential; named customers include Panalpina and Georgia‑Pacific. The company was founded by CEO Adam Compain with Diego Canales (head of engineering) and Will Harvey (head of technology). ClearMetal is based in San Francisco and has raised a total of $12 million to date, including a $3 million seed in February 2016 and a $9 million Series A. ClearMetal provides large shipping carriers with a Predictive Intelligence Platform that uses artificial intelligence to predict equipment, trade, vessel and shipper needs. The platform is designed to help users improve asset allocation and predictive trade management processes. ClearMetal is based in San Francisco, CA and was co-founded by Adam Compain (CEO), Diego Canales and Will Harvey. The company closed a $3m seed financing to support its growth. Management says it intends to use the funds to expand operations.

Total raised

$27M

Funding rounds

3

Latest round

Equity

Latest activity

Feb 2020