Waybridge

Waybridge

Digital platform optimizing commodity supply chains

Overview

CMDTY (brand Waybridge) provides digital tools and analytics for trading and logistics in the physical commodities market. Its platform centralizes information, offers trade analysis, pricing evaluation tools, and real-time shipment tracking to help clients manage contracts, schedule deliveries, report traceability, and optimize purchasing and logistics. The product works on a subscription or usage-based model, giving clients access to more suppliers, greater transparency, and cost savings through data-driven optimization of their supply chain. What sets CMDTY apart is its focus on data science and integrated digital tools that target inefficiencies across sourcing, pricing, and logistics, enabling clients to streamline operations and improve visibility. The company’s goal is to help businesses in the raw materials supply chain achieve significant savings and operational improvements by making their trading and logistics more efficient and transparent.

About Waybridge

Simplify's Rating
Why Waybridge is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Company Size

11-50

Company Stage

Acquired

Total Funding

$22.5M

Headquarters

New York City, New York

Founded

2018

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Simplify's Take

What believers are saying

  • Advanced forecasting launched April 2022 predicts demand and stabilizes procurement.
  • Port of Panama City partnership April 2022 automates bills of lading for metals.
  • MineHub acquisition March 2023 integrates blockchain for mining efficiency gains.

What critics are saying

  • MineHub acquisition March 2023 erodes Waybridge's standalone supply chain differentiation.
  • CMDTY captures clients with superior trade analysis and pricing tools now.
  • Panama Canal shortages halt Port partnership bills of lading by August 2026.

What makes Waybridge unique

  • Waybridge connects commodities parties on intuitive platform for seamless transactions.
  • Platform tracks truck and rail shipments with real-time inventory visibility.
  • Optimizes Scope 3 CO2e emissions reporting from commodity purchases and sales.

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Funding

Total Funding

$22.5M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:
Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Company News

PR Newswire
Apr 20th, 2022
Waybridge And The Port Of Panama City Team Up To Automate And Digitize Bills Of Lading For High Value Break Bulk Cargoes

The pair will bring an Amazon-like tracking experience to the North American metals market by automating the digital creation of electronic bills of lading benefitting international suppliers and domestic consumers NEW YORK, April 20, 2022 /PRNewswire/ -- Waybridge, the supply chain...

FinSMEs
May 14th, 2021
Waybridge Raises $30M in Series B Funding

Waybridge, a NYC-based supply chain platform for raw materials, raised $30m in Series B funding. The round, which brought total funds raised to $40m, was co-led by Rucker Park Capital and Craft Ventures, with participation from Venrock. The company intends to use the funds to accelerate platform development to tackle challenges like trade finance, traceability, […]

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