Ship Angel is a SaaS logistics operating system for beneficial cargo owners (BCOs) that streamlines freight processing, improves data accuracy, and reduces time and cost. Led by CEO Graham Parker, the company provides an AI-native platform focused on ocean and air freight rate management. Its two new products, Contract Amendment Guard and Invoice Audit, add automations to the rate management process and aim to materially improve BCOs’ bottom lines. Contract Amendment Guard centralizes communication between carriers/forwarders and shippers to identify changes to surcharges, free time, and transit times. The AI-powered Invoice Audit matches bookings to exact dates and actual rates, flags inconsistencies, and reduces manual labor and error rates. Ship Angel plans to use recent funding to expand its ocean and air freight rate management platform and launch these AI-powered solutions to optimize BCO workflows.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2024