What is ClearMetal?
Founded in 2013 and headquartered in San Francisco, ClearMetal specializes in the development of sophisticated supply chain logistics software. The company's core value proposition lies in its ability to leverage predictive analytics to help enterprises anticipate risk, optimize the flow of materials, and achieve significant cost efficiencies. By integrating machine learning with real-time logistics data, ClearMetal enables organizations to transition from reactive management to proactive, data-informed decision-making.
The company operates at the intersection of industrial engineering and software-as-a-service, addressing the persistent inefficiencies inherent in global freight and material handling. Its platform serves as a digital nervous system for logistics, allowing stakeholders to gain unprecedented visibility into their operations, thereby reducing waste and improving overall service reliability in a competitive global market.
How much funding has ClearMetal raised?
ClearMetal has raised a total of $27M across 3 funding rounds:
Angel/Seed
$3M
Series A
$9M
Other Financing Round
$15M
Angel/Seed (2016): $3M with participation from Innovation Endeavors and New Enterprise Associates
Series A (2017): $9M led by Innovation Endeavors, NEA, DCLI, PSA Unboxed, Prelude Ventures, and SAP.iO
Other Financing Round (2020): $15M supported by Uber Freight, Innovation Endeavors, Eclipse Ventures, GT Nexus, DCLI, PSA Unboxed, SAP.io, NEA, Navis, Prelude Ventures, and Prologis
Key Investors in ClearMetal
Innovation Endeavors
An early-stage venture capital firm that invests in visionary founders and transformational technologies, focusing on the Super Evolution thesis which combines data and advanced engineering to reshape industries like logistics and transportation.
NEA
A global venture capital firm established in 1977 that focuses on helping entrepreneurs build transformative businesses across various technology and healthcare sectors.
Prelude Ventures
An investment firm dedicated to supporting early-stage startups with the potential to mitigate climate change, prioritizing sectors such as manufacturing, mobility, and energy efficiency.
What's next for ClearMetal?
With the support of its latest capital injection, ClearMetal is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise logistics market. The strategic nature of its recent funding suggests a focus on deepening integrations with existing freight and shipping infrastructure, potentially moving toward broader ecosystem interoperability.
Future growth will likely center on enhancing the predictive accuracy of its algorithms and expanding its reach into new industrial verticals that require high-fidelity supply chain visibility. As the company continues to scale, the focus will remain on maintaining its competitive edge in predictive modeling while navigating the complexities of global trade, ensuring that its clients remain resilient against supply chain disruptions.
