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§ Private Profile · 3945 Freedom Cir Ste 400, Santa Clara, California, 95054, United States
AI-powered trade compliance platform and licensed customs broker automating customs clearance for importers, focused on global trade logistics.
KlearNow.AI is a Santa Clara, California-based AI-powered trade compliance platform and licensed customs broker that automates customs clearance, compliance workflows, and supply chain visibility. Operating a Logistics as a Service (LaaS) platform, it serves over 2,000 businesses globally, including importers and customs brokers. The company has raised $66 million in total funding, including a $50 million Series B round in December 2021 led by Kayne Anderson Capital Advisors. KlearNow.AI ingests data from multiple sources to enhance operations across its six strategic global locations. The platform is ABI-certified in the US and licensed in Canada and the Netherlands. It was founded in 2018 by Sam Tyagi. Its business model centers on logistics as a Service platform with customs clearance software, compliance services, and a marketplace model generating revenue through automation and brokerage services.
KlearNow.AI has raised $66.0M across 2 funding rounds.
KlearNow.AI has raised $66.0M in total across 2 funding rounds.
KlearNow.AI is a technology company founded in 2018 that builds an AI-powered global trade and customs platform to digitize paper-based transactions, automate workflows, and provide real-time visibility for international shipments.[1][2][4][5] It serves importers, exporters, customs brokers, freight forwarders, and logistics providers, solving critical pain points like manual documentation, delays, errors, and high costs in customs clearance and drayage (short-haul trucking of containers).[1][3][4][6] The platform tackles inefficiencies in global supply chains by enabling paperless trade, faster clearance times, lower penalty fees, and end-to-end tracking, with reported benefits including 90% cost reductions in data entry, 99% accuracy, and 10X scalability.[3][6]
Growth momentum has been strong: expanding from the US to Canada, UK, and India by 2020-2023, securing venture funding in 2021, launching AI features for compliance and tracking, and forming partnerships like with project44 for enhanced visibility.[3][4][5] Headquartered in Santa Clara, California, with ~200+ employees, it operates as a private company focused on retail, manufacturing, and logistics sectors.[4][5]
KlearNow.AI was founded in 2018 by Sam Tyagi (current CEO) in Santa Clara, California, spotting an opportunity to simplify global trade amid persistent manual processes in customs and logistics.[1][2][4][5] Tyagi's background in tech and supply chain drove the vision to leverage AI/ML for automation, starting with digitizing paper-based transactions and automating workflows across supply chain parties.[1][5]
Early traction came quickly through its patented AI ingestion platform, which eliminated manual customs clearances.[1] Key milestones include 2020 expansion into Canada and the UK, 2021 venture funding to scale AI capabilities, and 2023 logistics partnerships for optimized clearance—building toward a single global platform for paperless trade.[5]
KlearNow.AI rides the AI-driven supply chain digitization trend, addressing post-pandemic disruptions like delays, labor shortages, and rising trade volumes amid geopolitical tensions.[3][4] Timing is ideal as global trade grows (projected to hit $30T+ annually), with regulations pushing paperless customs—e.g., US/Canada/UK digital mandates—favoring platforms that automate compliance and visibility.[1][5]
Market forces like e-commerce boom in retail/manufacturing and "lean" waste reduction (defects, waiting, over-processing) amplify its impact, bridging importers with customs via ML for faster, cheaper operations.[3] It influences the ecosystem by fostering collaboration among brokers, forwarders, and authorities, setting standards for AI in logistics and enabling scalable global expansion.[4][5][7]
KlearNow.AI is poised for accelerated growth through AI enhancements in compliance, real-time tools, and geographic expansion into Europe/Asia, fueled by recent funding and partnerships.[4][5] Trends like multimodal AI integration, blockchain for docs, and rising demand for resilient supply chains will shape its path, potentially capturing more of the $100B+ customs brokerage market.
Its influence may evolve from niche automator to ecosystem leader, powering seamless global trade as borders digitize—turning today's pain points into tomorrow's efficiency standard, much like how it began by futurizing paper-based chaos in 2018.[1][5]
KlearNow.AI has raised $66.0M across 2 funding rounds. Most recently, it raised $50.0M KlearNow - Series B in December 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 13, 2021 | $50M Series B | — | Activate Capital, Argean Capital, Autotech Ventures, GreatPoint Ventures, 8VC, EVE Atlas, Fontinalis Partners, Kayne Anderson Capital Advisors, Revolution, Story Ventures, Kelvin Beachum JR. | Announced |
| Apr 1, 2020 | $16M Series A | — | Educapital, Foobar.vc, Hoxton Ventures, Market ONE Capital, ONE WAY Ventures, OWL Ventures, Point Nine Capital, Polaris Partners, Reach Capital, Arthur Kosten, Przemyslaw Gacek | Announced |
KlearNow.AI has raised $66.0M in total across 2 funding rounds.
KlearNow.AI's investors include Activate Capital, Argean Capital, Autotech Ventures, GreatPoint Ventures, 8VC, EVE Atlas, Fontinalis Partners, Kayne Anderson Capital Advisors, Revolution, Story Ventures, Kelvin Beachum Jr., Educapital.