News / Ambitious Ship Angel targets global BCOs with AI-powered tools

Photo: Ship Angel

Ship Angel, a new start-up from Kontainers co-founder Graham Parker, has raised more than $5m to expand its ocean and air freight rate management platform.

The platform incorporates two “ground-breaking” AI-powered solutions, designed to optimise BCO workflows Contract Amendment Guard and Invoice Audit.

Ship Angel said that, despite the importance of managing shipping rates, workflows continued to be manually processed, leaving scope for “substantial” problems, with “under-served” BCOs experiencing more than 30% error rates on invoices.

The start-up’s Amendment Guard tool communicates between ...