Supply chain disruptions and the shifting sands of regulation mean that business transport logistics are now more complicated than ever. In response, Prewave has built a solution to help make supply chains more compliant and resilient through AI-powered risk identification and management.
Prewave’s logistics solution uses automated mapping, scoring and monitoring to process data across 400 languages, assessing risk factors for companies' supply routes. Its platform offers real-time alerts and recommended actions, covering all steps in the risk lifecycle of logistics.
Prewave plans to use its most recent round of funding to break into the US market. This is no small undertaking, with competitors such as Everstream and Overhaul firmly rooted in the country. However, Prewave has a solid customer base - counting Dr Oetker, Lufthansa and Ferrari as clients - and tripled its growth in 2023, which bodes well for its US efforts.
Kirsty
Company Specialist at Welcome to the Jungle
