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clearmetal.com

Founded Year

2014

Stage

Acquired | Acquired

Total Raised

$27M

About ClearMetal

ClearMetal is a predictive logistics and supply chain visibility company using data science to unlock efficiencies for global trade. The company builds data-driven products to solve complex operational problems in container-shipping. ClearMetal is based in San Francisco, CA.On May 27th, 2021, ClearMetal was acquired by project44. The terms of the transaction were not disclosed.

ClearMetal Headquarter Location

400 Montgomery Street Suite 2

San Francisco, California, 94104,

United States

415-857-4390

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Research containing ClearMetal

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned ClearMetal in 2 CB Insights research briefs, most recently on Oct 21, 2020.

Expert Collections containing ClearMetal

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ClearMetal is included in 3 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,948 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

A

Auto & Mobility Tech

415 items

We define trucking tech broadly as companies developing technology-enabled services and products focused on the freight trucking industry, such as trucking-oriented marketplace platforms, fleet management solutions, and onboard monitoring and tracking systems.

A

Artificial Intelligence

8,693 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

ClearMetal Patents

ClearMetal has filed 3 patents.

The 3 most popular patent topics include:

  • Distribution (business)
  • Mathematical optimization
  • Operating amusement attractions
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/16/2019

Supply chain management, Distribution (business), Mathematical optimization, Operating amusement attractions, Cluster analysis algorithms

Application

Application Date

9/16/2019

Grant Date

Title

Related Topics

Supply chain management, Distribution (business), Mathematical optimization, Operating amusement attractions, Cluster analysis algorithms

Status

Application

Latest ClearMetal News

After record-breaking Q4, project44 begins 2022 with $2.4B valuation

Jan 11, 2022

After record-breaking Q4, project44 begins 2022 with $2.4B valuation TPG, Thomas Bravo and Goldman Sachs lead $240 million investment round 1 minute read Project44 received a $2.4 billion valuation after a recent investment round. (Photo: Jim Allen/FreightWaves) Chicago-based real-time visibility provider announced Monday it has raised $240 million in equity funding led by TPG, Thoma Bravo and the asset management arm of Goldman Sachs Group. Participating investors Emergence Capital, Insight Partners, Chicago Ventures, Generation Investment Management, Sapphire and Sozo Ventures also acquired $180 million of shares from existing investors including OpenView Venture Partners, which first began investing in project44 during its Series B in 2018. The deal now values the visibility firm at $2.4 billion. The new capital comes at the heels of project44’s record-breaking quarter, reporting annual recurring revenue (ARR) bookings of $12.7 million for the period and $96.2 million in total ARR bookings for 2021, according to the company. “The resurgence of COVID, port congestion/shutdowns, rising shipping costs and a myriad of other issues has created urgency in customers who are looking to digitize and fortify their supply chains,” said project44 CEO Jett McCandless of the company’s record-breaking Q4. According to McCandless, project44 plans to deploy the new capital on the same areas that got the company to its $2.4 billion valuation — by continuing to expand its network through strategic acquisitions, including investing in product and engineering in its newest markets of Japan, Brazil and China. In 2021, project44 acquired last-mile tech company Convoy, freight visibility and planning firm ClearMetal and ocean vessel tracking company Ocean Insights, raised $202 million and began its strategic hiring plans after appointing logistics veteran Pierre Jacquin as its general manager of Latin America. It also made key partnerships through its Preferred Telematics Program offering in Europe, integrating with Everstream Analytics and Redwood Logistics and becoming a strategic partner with Google’s Supply Chain Twin services. These achievements helped garner project44 the No. 1 ranking on FreightWaves’ FreightTech 25 in November. Watch now: WHAT THE TRUCK?!? – project44 segment

ClearMetal Web Traffic

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