Launch HN: CommodityAI (YC W24) – Shipment management for commodity traders
Hi HN! We’re Daniel, Philip, and Kyle, cofounders of CommodityAI ( https://commodityai.io ). We make commodity shipments easy to manage. Commodities are the center of global trade. The food you eat and the coffee you drink all start with agricultural producers. A trader organizes a shipment of it to a receiver near you, who then manufactures and distributes it to your local supermarket or coffee shop. That sounds simple enough, but any shipment involving commodities involves around 200 processes, at least 50 documents, and extensive coordination through emails and phone calls. The amount of paper and processes is staggering. Errors can be catastrophically costly, ending up with lawsuits over millions of dollars. Commodity trading companies allocate 40% of their workforce to logistics and operations. It’s a relationship-focused business. These aren't trading firms with Bloo
Why it failed
Hi HN! We’re Daniel, Philip, and Kyle, cofounders of CommodityAI ( https://commodityai.io ). We make commodity shipments easy to manage. Commodities are the center of global trade. The food you eat and the coffee you drink all start with agricultural producers. A trader
- Kind
- startup
- Status
- Shut down
- Inventor
- KyleManuel
- Ended
- 2024
- Source
- hackernews