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New York Shipping Exchange is a technology company.
New York Shipping Exchange (NYSHEX) provides supply chain software and tools for ocean freight management. Its platform integrates market intelligence, benchmarking, planning, execution, and risk management within a unified operating model. Originally a marketplace for enforceable ocean contracts, NYSHEX now powers performance management and financial risk mitigation in global shipping.
Details on the founders' names, founding date, or initial insight are not available. NYSHEX began as a marketplace for ocean contracts, subsequently expanding its technological solutions. This evolution reflects strategic adaptation to broader, shifting demands within the dynamic shipping industry.
NYSHEX supports shippers in managing ocean freight contracts, optimizing performance and reducing manual effort. The company enhances control and transparency, enabling accurate landed cost forecasting and fostering stronger relationships with partners. Its vision centers on improving overall efficiency across the ocean shipping supply chain.
New York Shipping Exchange has raised $47.5M across 3 funding rounds.
New York Shipping Exchange has raised $47.5M in total across 3 funding rounds.
New York Shipping Exchange has raised $47.5M in total across 3 funding rounds.
New York Shipping Exchange's investors include Mark Weaver, Blumberg Capital, Goldman Sachs, NewRoad Capital Partners, Balderton Capital, Norwest Venture Partners, CMA CGM, Mark Chadwick, Thorsten Haeser, Rana Yared, Matt Bornstein, David Wolfson.
New York Shipping Exchange (NYSHEX) is a technology company that provides a digital contracting and performance-management platform for the ocean freight (container shipping) supply chain, connecting shippers, carriers and forwarders to create a shared system of record and to automate contracting, exception management and analytics[4][3].
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
New York Shipping Exchange has raised $47.5M across 3 funding rounds. Most recently, it raised $25.0M Series B in September 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 14, 2022 | $25.0M Series B | Mark Weaver | Blumberg Capital, Goldman Sachs, NewRoad Capital Partners |
| Aug 1, 2017 | $14.0M Series A | Balderton Capital, Norwest Venture Partners, CMA CGM, Mark Chadwick, Goldman Sachs, Thorsten Haeser | |
| Mar 22, 2017 | $8.5M Series A | Mark Chadwick, Rana Yared | Matt Bornstein, David Wolfson |