Northbound

📍 Berlin, Germany🗓 Founded 2023👥 9 employees💰 Last funded Mar 2024
Northbound: Slashing Demurrage & Detention Charges via Optimized Container Logistics Northbound reduces D&D charges for importers, freight forwarders, and 4PLs by providing live visibility of accruing fees and optimizing operational planning and execution for container flows from port to warehouse. 𝗧𝗵𝗲 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲: Annually, millions in D&D fees are paid unnecessarily by importers due to prolonged container stays at ports and delays in returning empty containers. These avoidable costs are caused by a lack of clear fee visibility and suboptimal operational planning, leading to missed customer commitments, delayed deliveries, and inefficient capacity use. 𝗢𝘂𝗿 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻: We bring D&D charges into real-time focus, allowing them to directly influence operational plans alongside the cargos required delivery date. These plans are dynamically updated daily to reflect changes in arrival times or capacity, ensuring efficiency and cost-effectiveness. 𝗛𝗼𝘄 𝗜𝘁 𝗪𝗼𝗿𝗸𝘀: Leveraging real-time visibility and a comprehensive D&D rate database, Northbound displays accruing charges for each container without needing integration into customer systems — making D&D monitoring and shipment planning simple. 𝗧𝗵𝗲 𝗥𝗲𝘀𝘂𝗹𝘁: Our clients see a significant reduction in D&D expenses, alongside enhanced customer satisfaction, improved capacity utilization, and smarter shipment prioritization. These benefits contribute to a streamlined logistics operation and a stronger bottom line. Discover how Northbound can enhance your logistics operations. For a demo or more information, visit our website www.gonorth.ai or get in touch.
3
Total investors
3
Early stage
0
Mid stage
0
Late stage
2023
Founded
Investor geography3 countries
United Kingdom
1
Germany
1
Switzerland
1
Frequently asked questions
Who invested in Northbound?
Northbound has 3 investors on record on gritt.io, including 3 early-stage backers.
When did Northbound last raise funding?
The most recent investment in Northbound recorded on gritt.io was in March 2024.
When was Northbound founded?
Northbound was founded in 2023.
What industry is Northbound in?
Northbound operates in Transportation, Logistics, Supply Chain and Storage. Find similar Transportation, Logistics, Supply Chain and Storage investors on gritt.io.
Where is Northbound based?
Northbound is headquartered in Berlin, Germany.