iCustoms.AICloses $2.2 Million in Seed Round

iCustoms.AI, a London, UK-based AI-powered trade compliance solutions provider, closed a $2.2 million seed funding.

Fuel Ventures, PlugnPlay, Outrun Ventures, Montblu Capital, SyndicateRoom, and leading angels participated in the round.

The investment will drive the company's growth into groundbreaking innovations and further development of its trade compliance platform. The funds will also used to enhance iCustoms' technology and expand its team.

iCustoms.AI offers an AI-driven trade compliance management platform, providing fully automated customs management solutions for importers, exporters, customs agents, brokers, freight forwarders, logistics service providers, eCommerce, and courier companies. The company offers a suite of software products designed to automate customs declaration processes, ensure compliance, and minimize manual work for global enterprises. iCustoms.AI's vision is to redefine the industry landscape by offering a powerful and indispensable solution for businesses worldwide.

Funding Details

Company: iCustoms

Raised: $2.2M

Round: Seed Round

Funding Month: March 2024

Investors: Fuel Ventures, PlugnPlay, Outrun Ventures, Montblu Capital, SyndicateRoom

Company Website: https://www.icustoms.ai/

Software Category: Customs Declaration Software