# ClearMetal

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clearmetal

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.clearmetal.com
- Total disclosed funding: $12M
- Latest round: Series A (Sep 20, 2017)
- Investors on record: 8

## About

Founded in 2014 and based in California, US, ClearMetal Inc. develops a predictive supply chain platform, offering transport visibility and inventory management solutions for freight shipment providers. Adam Compain, Diego Canales, and Will Harvey are the co-founders of the company. In February 2020, the firm raised USD 15 million in venture funding led by Eclipse Ventures including Direct ChassisLink Inc., ProLogis Inc., and SAP.iO., and in May 2021, Project 44, Inc., a portfolio company of Chicago Ventures, Emergence Capital Partners, 8VC, Omidyar Technology Ventures, OpenView Venture Partners, Pritzker Group Venture Capital, Sapphire Ventures, Section Partners, Sozo Ventures, and Underscore VC, agreed to acquire ClearMetal, Inc. from Direct ChassisLink, Inc., Innovation Endeavors, New Enterprise Associates, Prelude Ventures, ProLogis, Inc., PSA unboXed, SAP.iO, Sapphire Ventures, and StartX.

The ClearMetal CDX Platform uses proprietary machine learning algorithms to break free from static-visibility paradigms and make sense of supply chain data. The organization delivers ready-to-use capabilities to improve container and vessel fleet utilization where it consolidates, cleans, and processes data from multiple sources to give shippers real-time insights into the status of their shipments. The firm offers detailed commercial insights to increase revenue, margins, and more effectively leverage container and vessel allocations.

## Funding rounds

- Series A, Sep 20, 2017, $9M — New Enterprise Associates, Sapphire Ventures, Innovation Endeavors, Direct ChassisLink, Inc., Prelude Ventures, StartX, PSA unboXed
- Seed, Feb 24, 2016, $3M — New Enterprise Associates, Skyview Capital, Innovation Endeavors, StartX, PSA unboXed

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed, Series A
- Skyview Capital (https://capitalatlas.ai/funds/skyview-capital) — Seed
- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Seed, Series A
- StartX — Seed, Series A
- PSA unboXed (https://capitalatlas.ai/funds/psa-unboxed) — Seed, Series A
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series A
- Direct ChassisLink, Inc. — Series A
- Prelude Ventures — Series A