KlearNow raises $16 million to bring customs clearance industry into the digital age – TechCrunch
Silicon Valley-based KlearNow has developed a platform that aims to bring customs clearance into the digital age.
“There is no visibility for the customer, or the importer, and it’s very costly because of the manual intervention.”KlearNow developed a digital customs clearance platform that aims to be agnostic.
This allows importers, customs brokers and freight forwarders to integrate with local customs authorities and conduct business on a single digital platform remotely and in real time.
KlearNow says it can slash customs clearance times from hours to minutes.
The company said its digital platform can funnel new clients, like these newly remote workers, directly to brokers for global customs clearance.
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Individual venture capital firms receive more than 1,000 proposals a year and are mostly interested in businesses that require an investment of at least $250,000.
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