Overview

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, which helps clients manage contracts and deliveries efficiently. The company operates on a subscription or usage-based model, charging clients for access to its tools and analytics services. CMDTY's goal is to help clients reduce costs and improve operational efficiency in the physical commodities market.

Simplify's Take

What believers are saying

• Waybridge raised $30M in Series B funding to enhance platform development.
• Partnership with Port of Panama City automates bills of lading for metals market.
• Increased adoption of blockchain enhances supply chain transparency and efficiency.

What critics are saying

• Emerging tech startups in commodities trading could erode Waybridge's market share.
• Volatility in raw material prices may impact demand for Waybridge's services.
• Cybersecurity threats could compromise Waybridge's data integrity and client trust.

What makes Waybridge unique

• Waybridge leverages technology to optimize physical commodities trading and logistics.
• CMDTY offers digital tools for supply chain transparency and cost savings.
• Waybridge's platform centralizes information for trade analysis and real-time shipment tracking.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$19.5M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:

Craft Ventures

Notable Investors:

Craft Ventures

$2,500,000

Acquisition

Mar 2023

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!

Acquisition Funding Comparison

Coming Soon

View all funding stages