KlearNow
AI-powered platform specializing in customs clearance and international trade documentation automation with 99% document classification accuracy.
Overview
KlearNow evolved from customs brokerage services into a comprehensive AI-powered trade platform, highlighted by the January 2024 launch of KlearHub which achieves 99% document classification accuracy. The company differentiates from traditional ABI providers through full automation versus manual processes, with their Trump tariff determination system working for 95% of shipments according to a large U.S. customs brokerage client.
Founded to address inefficiencies in global trade documentation, KlearNow serves over 2,000 customers including Fortune 500 companies across US, UK, Canada, Spain, and Netherlands markets. The company raised $50M in Series B funding led by Kayne Partners Fund after growing customer base 10x and monthly revenue 50x since their 2020 Series A. With $45.4M estimated annual revenue and 291 employees, KlearNow positions itself in the $8.6T global logistics market.
Sam Tyagi, Co-founder and CEO, explains: "KlearHub is an innovative solution to the challenges that international supply chain managers face – fragmented data from various sources, complex system integrations and outdated document management practices."
Key Features and Benefits
• 99% Document Classification Accuracy - Natural Language Processing for trade documents across multiple languages and formats • Email Chain Integration - Zero-setup deployment that works through existing email workflows without complex system integrations
• Automated Tariff Determination - Full automation of Trump tariff calculations factoring HTS code, Country of Origin, and trade agreements • Real-time Tracking - AI-powered near real-time shipment visibility across supply chain stakeholders • Multi-format Processing - Handles structured, semi-structured, and unstructured trade documents from emails, Excel, Word, and PDF files • Regulatory Compliance - Automated customs declarations ensuring compliance across different jurisdictions
Use Cases
Customs Clearance Automation
Anand Raghavendran, Chief Product Officer, notes: "This is a game-changer for our brokers. While other ABI providers still rely on manual processes, our team has delivered a fully automated solution that saves time, reduces errors, and keeps our clients ahead of regulatory changes."
Trade Documentation Management
Processing bills of lading, commercial invoices, packing lists, certificates of origin, export licenses, and health certificates. Anantshree Chaturvedi, Vice Chairman of UFlex, reports: "KlearHub enabled us to digitize and centralize our import/export information immediately. We optimized operational logistics costs by approximately 75%."
Drayage Operations
Cloud-based marketplace launched June 2022 allowing importers and drayage partners to negotiate business on single platform with AI-powered tracking.
Technical Specifications
| Feature | Specification |
|---|---|
| Document Classification | 99% accuracy rate |
| Integration Method | Email chain integration, zero-setup deployment |
| Document Formats | PDF, Excel, Word, email attachments |
| Language Support | Multiple languages for international trade |
| Automation Rate | 95% success rate for tariff determination |
| Platform Type | Cloud-based SaaS |
| API Integration | Available for customs systems |
Resources
- KlearNow - Prioritizing Accuracy, Speed and Scalability Through Intelligent Document Processing
- KlearNow - The Advantages of Intelligent Document Processing Within Customs Operations
- KlearNow - Simplify Customs Documentation Management with Intelligent Software Solutions
- KlearNow - How AI-based Data Ingestion can Improve Compliance
- KlearNow - Intelligent Trade Document Processing Video
Contact Information
Website: klearnow.ai
Focus: International trade and logistics sector
Markets: US, UK, Canada, Spain, Netherlands
