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ClearMetal is a technology company.
ClearMetal delivers an AI-powered platform designed to provide real-time international freight visibility and predictive analytics. Its core product enables dynamic planning and optimizes global supply chain operations by offering a continuous delivery experience. The platform processes extensive logistics data to generate actionable insights, enhancing efficiency and forecasting capabilities for businesses.
The company was founded in 2014 by Adam Compain, Will Harvey, Diego Canales, and Timothy Cronin. Drawing on backgrounds from Stanford University and Google, the founders recognized deep-seated inefficiencies and a critical lack of transparent foresight within the global container shipping industry. This insight spurred the development of an intelligent system to predict and manage complex freight movements.
ClearMetal’s platform serves businesses navigating complex international supply chains, helping them refine logistics and boost operational efficiency. The company aims to transform global freight management by providing unparalleled foresight, enabling reliable and sustainable movement of goods. Its vision centers on bringing greater precision and predictability to an inherently unpredictable and opaque sector.
ClearMetal has raised $31.0M across 3 funding rounds.
ClearMetal has raised $31.0M in total across 3 funding rounds.
ClearMetal has raised $31.0M in total across 3 funding rounds.
ClearMetal's investors include Lior Susan, MATH Venture Partners, DCLI, Innovation Endeavors, NEA, Prelude Ventures, Prologis Ventures, PSA Unboxed, SAP.iO, Eric Schmidt, Gabriel Kra, John Urban.
ClearMetal was a San Francisco-based technology company that built an AI-powered supply chain visibility and predictive analytics platform, focusing on real-time insights into shipments, inventory, and demand forecasting to optimize logistics for global trade.[1][2][4] It served enterprises in industries like retail, manufacturing, consumer goods, agriculture, food, packaging, chemicals, and construction, solving critical problems such as shipment delays, inventory overstocking or stockouts, and supply chain uncertainties by providing proactive, data-driven decision-making tools.[1][3][4] The platform integrated with carriers and 3PL systems for end-to-end visibility, predictive ETAs, and collaboration across stakeholders, driving cost reductions (e.g., 15% buffer stock, 10-20% inventory optimization) and improved customer satisfaction—before its acquisition by project44 in May 2021.[3][4]
ClearMetal was founded in 2014 by CEO Adam Compain, who drew from his prior experience at Orient Overseas Container Line (OOCL) and his time at Stanford Graduate School of Business to address billion-dollar inefficiencies in global container shipping, particularly the costly repositioning of empty containers.[4][5][6] Developed by top software engineers from Stanford University and Silicon Valley, the company emerged as a predictive logistics startup using data science and machine learning to forecast freight events with high granularity, incorporating over 75 uncertainty elements and external signals like weather.[2][5][6] Early traction included a multi-million dollar investment from top VCs in 2016 to launch its Predictive Intelligence Platform, serving major clients like Unilever, Georgia-Pacific, Lenzing, and BAT, which validated its focus on upstream visibility from APAC and LATAM to North America.[2][3]
ClearMetal rode the wave of AI-driven supply chain digitization, addressing surging needs for resiliency amid global disruptions like those in 2020-2021, where accurate tracking and forecasting became essential for multi-modal logistics.[3] Its timing aligned with explosive growth in visibility platforms—project44's 135% YoY growth and $50M ARR pre-acquisition—fueled by e-commerce boom, trade volatility, and demands for real-time data in ocean freight, a sector plagued by empty container repositioning inefficiencies.[2][3][6] By pioneering predictive intelligence, ClearMetal influenced the ecosystem through its 2021 acquisition by project44, enhancing the leader's AI/ML capabilities for end-to-end visibility, supplier collaboration, and market-leading analytics that set standards for competitors like FourKites and Tive.[3][4]
Post-acquisition, ClearMetal's technology has been fully integrated into project44, amplifying AI-powered supply chain optimization amid ongoing trends like geopolitical tensions, climate-driven disruptions, and AI advancements in logistics.[3] Expect deeper embedding of its predictive tools into project44's global network, driving further innovations in multimodal ETAs, inventory AI, and sustainability-focused asset utilization. As supply chains evolve toward autonomous, hyper-resilient models, this legacy positions project44—and ClearMetal's foundational IP—as a dominant force, potentially reshaping how enterprises handle global trade uncertainties for years ahead.[1][2][3]
ClearMetal has raised $31.0M across 3 funding rounds. Most recently, it raised $19.0M Series A in February 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2020 | $19.0M Series A | Lior Susan | MATH Venture Partners, DCLI, Innovation Endeavors, NEA, Prelude Ventures, Prologis Ventures, PSA Unboxed, SAP.iO |
| Sep 20, 2017 | $9.0M Series A | Eric Schmidt, Gabriel Kra | John Urban, DCLI, NEA, PSA Unboxed, SAP.iO |
| Feb 24, 2016 | $3.0M Seed | Dror Berman, New Enterprise Associates, Skyview Capital |