AiDock Overview
AI Dock utilizes advanced AI technologies to streamline customs processes and ensure compliance. The company’s tools facilitate document labeling, data extraction, HS code classification, and compliance monitoring, supporting customs brokers in their operations. AI Dock offers AI-powered virtual assistants that assist customs declarants, aimed at improving the speed and accuracy of decision-making. These solutions integrate seamlessly with prevalent customs software, focusing on practical enhancements in process efficiency and cost management for customs brokers.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
החברה שרוצה להוזיל לכם את המשלוח מחו"ל מגייסת 15 מיליון דולר
Israeli company AiDock, which uses artificial intelligence to streamline customs declarations, has raised $15 million in a funding round led by British investment group Carlton-James, at a valuation of $75 million. The companys technology extracts information from shipping documents and categorises items according to customs regulations, helping to determine correct tax and import duties. AiDocks system has an accuracy rate of 95% from day one, compared to a global average of 75% for customs brokers. The company has five major customers, including UPS and SGS, and employs 32 people.
InvestmentExpand
growth-positive
The Carlton James Diversified Alpha Fund invests in virtual AI customs technology company AiDock
The Carlton James Group has made an equity investment in AiDock, an Israeli-founded company that specializes in customs automation using artificial intelligence. AiDocks technology automates customs processes, saving time in the shipping and logistics industry. The investment is part of the Carlton James Diversified Alpha Fund Strategy. AiDock has already received funding and contracts from leading parcel and logistics providers, including UPS and SGS. The company aims to modernize and streamline global customs operations through the use of AI and machine learning. The partnership with Carlton James Group will help AiDock scale its operations and achieve its mission of empowering people and businesses.
Investment
growth-positive
UPS Israel to Scout for Local Cyber-Technologies and Startups
UPS Israels digital innovation hub, Ship Your Innovation, is seeking collaboration with local entrepreneurs and startups in the logistics domain. The hub is looking for Israeli cyber technologies and startups that have already received funding to apply to its accelerator program. Ship Your Innovation has already graduated nine startups and aims to partner with and support the development of technologies in logistics.
PartnersInvestment
growth-positive
נציגות UPS בישראל בפיילוט עם הסטראט-אפ הישראלי AiDock
UPS has started an international pilot with Israeli start-up AiDock, specializing in artificial intelligence. The partnership will allow UPS to streamline operational processes and significantly reduce waiting times for customs clearance, including e-commerce packages. AiDock has developed integrated AI technology for classifying and processing paperwork, enabling rapid analysis of customs documents and efficient classification for international shipping. The collaboration between UPS and AiDock aims to generate a significant impact on customer service and operational innovation in the logistics and shipping industry. UPSs Innovation Center in Israel is leading the project.
Partners
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $3.5M |
| Last funding | $2.2M |
| Stage | A |
| Rounds | 5 |
| Investors | 4 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | aidock.net |
| Careers | Careers page |
Locations
Rehovot, Israel
Photos & Videos
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