About Waybridge
Waybridge, operating as CMDTY, enhances the trading and logistics of physical commodities by using technology and data science to improve supply chain efficiency. Its platform provides digital tools for trade analysis, pricing evaluation, and real-time shipment tracking, helping clients manage contracts and optimize logistics. CMDTY stands out by offering a centralized information system that increases transparency and access to suppliers, leading to cost savings for businesses in the raw materials sector. The company's goal is to unlock value for its clients by addressing inefficiencies in the commodities market.
New York City, New YorkHeadquarters
2018Year Founded
$19.5MTotal Funding
ACQUISITIONCompany Stage
Food & Agriculture, Industrial & Manufacturing, EnergyIndustries
11-50Employees
Risks
Emerging tech startups in commodities trading could erode Waybridge's market share.
Volatility in raw material prices may impact demand for Waybridge's services.
Cybersecurity threats could compromise Waybridge's data integrity and client trust.
Differentiation
Waybridge leverages technology to optimize physical commodities trading and logistics.
CMDTY offers digital tools for supply chain transparency and cost savings.
Waybridge's platform centralizes information for trade analysis and real-time shipment tracking.
Upsides
Waybridge raised $30M in Series B funding to enhance platform development.
Partnership with Port of Panama City automates bills of lading for metals market.
Increased adoption of blockchain enhances supply chain transparency and efficiency.
Funding
Total raised$19.45 M
Latest valuation$2.50 M
StageACQUISITION
ACQUISITION
2/28/2023$2
$2.50 MSERIES B
4/30/2021$10
$50.00 MEARLY VC
8/31/2019$10
$50.00 M