Expedock’s core product extracts invoices and shipment documents from PDFs and emails, converts them into payable invoices, audits them against accruals, reconciles with third‑party sites and internal systems, and pushes data into TMS and ERP tools. The platform trains its invoice‑extraction models using documents, shipment data, public data and AI‑generated sources. Customers include large supply‑chain brands such as Wayfair, ClearFreight and Ascent, and the company says usage and shipment volume have been growing. Roadmap items include AI features for fraud detection in supply‑chain payments and predictions for vendor churn and margins. The startup employs 13 people and plans to hire engineers and account executives, targeting about 40 employees by year‑end 2022 and expanding platform integrations. Expedock says business has remained steady despite macro headwinds and is positioning its product to improve visibility in semistructured, siloed logistics data. Expedock is a Philippine-headquartered company that provides AI-based outsourcing services to logistics and freight providers. Its core offering centers on AI services tailored to logistics and freight operations. The company has raised $1.15 million in a pre-seed funding round. The round was led by Liqing Zeng, co-founder of Tencent Holdings. The article does not list additional investors or further financial details.

Total raised

$15M

Funding rounds

2

Latest round

Series A

Latest activity

Aug 2022