NYSHEX (Series C)
Funding Details
Awarder
Inbox
Date Award
November 20, 2024
Vertical
Shipping and Logistics
Company Info
Founding Year
2015
Market
Shipping and Freight
Location
New York, New York, United States
Coinvestors
Blumberg Capital, Collate Capital, Goldman Sachs, Intercontinental Exchange, NewRoad Capital Partners
Company Description

The New York Shipping Exchange (NYSHEX) was founded in 2015 to solve the problem of poor contract fulfillment caused by misaligned incentives and disconnected execution. This results in $23 billion of economic waste that impacts all shippers, carriers and NVOCCs. NYSHEX offers shared digital infrastructure that helps to align incentives, connect execution, strengthen relationships, and reduce manual work.

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