NYSHEX

📍 New York, United States🗓 Founded 2014👥 92 employees💰 Last funded Jan 2024
Software Development🌐 NYSHEX.com
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The New York Shipping Exchange (NYSHEX) was founded in 2015 to solve the problem of poor contract fulfillment caused by misaligned incentives and disconnected execution. This results in $23 billion of economic waste that impacts all shippers, carriers and NVOCCs. NYSHEX offers shared digital infrastructure that helps to align incentives, connect execution, strengthen relationships, and reduce manual work. NYSHEX’s Proactive Performance Management (PPM) technology helps users to jointly manage allocations and plans, and to be alerted in real time when any shipment goes off plan. The NYSHEX indices make it easier for everyone to use contracts linked to an index, which removes a carrier’s incentive to curtail allocations when spot rates rise above contract rates, and a shipper’s incentive to shift volumes when spot rates drop below contract rates.
10
Total investors
2
Early stage
3
Mid stage
5
Late stage
2014
Founded

Investors

10 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
United States
9
Singapore
1
Investor activity2015–2024 · investors recorded per year
2015220173202032021120241
Recent (last 2y)Earlier
Frequently asked questions
Who invested in NYSHEX?
NYSHEX has 10 investors on record on gritt.io, including 2 early-stage backers, 3 mid-stage and 5 late-stage investors.
When did NYSHEX last raise funding?
The most recent investment in NYSHEX recorded on gritt.io was in January 2024.
When was NYSHEX founded?
NYSHEX was founded in 2014.
What industry is NYSHEX in?
NYSHEX operates in Software Development. Find similar Software Development investors on gritt.io.
Where is NYSHEX based?
NYSHEX is headquartered in New York, United States.