Waybridge

Waybridge

Digital platform for trading physical commodities

About

Waybridge, under the brand CMDTY, focuses on improving the trading and logistics of physical commodities. The company uses technology and data science to tackle inefficiencies in the raw materials supply chain, providing digital tools that streamline operations, optimize logistics, and enhance purchasing processes. CMDTY's primary clients are businesses involved in trading and logistics of raw materials, such as metals and agricultural goods. They benefit from CMDTY's platform by accessing more suppliers, gaining transparency, and achieving cost savings. CMDTY's platform centralizes information, offers trade analysis, pricing evaluation tools, and real-time shipment tracking, helping clients manage contracts and deliveries efficiently. The company operates on a subscription or usage-based model, allowing clients to pay for access to its features. CMDTY's goal is to help clients reduce costs and improve operational efficiency in the physical commodities market.

Company Stage

Acquired

Employees

11-50

Industries

Data & Analytics, Industrial & Manufacturing

Total Funding

$19.5M

Headquarters

N/A

Founded

2018


Simplify Jobs

Simplify's Take

What believers are saying

  • The $30M Series B funding round positions Waybridge for accelerated growth and platform development, promising significant advancements in trade finance and traceability.
  • Partnerships with key industry players like the Port of Panama City enhance CMDTY's credibility and expand its market reach.
  • Waybridge's focus on automating and digitizing supply chain processes can lead to substantial cost savings and efficiency improvements for clients, making it an attractive workplace for those interested in cutting-edge supply chain technology.

What critics are saying

  • The niche focus on physical commodities may limit CMDTY's market size compared to more generalized supply chain platforms.
  • Rapid expansion and integration of new technologies, such as those from the MineHub acquisition, could pose operational challenges and strain resources.

What makes Waybridge unique

  • Waybridge's CMDTY platform uniquely focuses on the physical commodities market, offering specialized tools for raw materials trading and logistics, unlike broader supply chain solutions.
  • The integration of real-time shipment tracking and trade analysis provides a comprehensive solution that enhances transparency and operational efficiency, setting CMDTY apart from competitors.
  • Waybridge's recent acquisition of MineHub and partnership with the Port of Panama City to digitize bills of lading demonstrate its commitment to innovation and industry-specific solutions.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

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