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Caspian secures $5.4M in Seed funding led by Primary Venture Partners to launch its AI-driven trade advisory platform, aimed at helping exporters reclaim unclaimed duty refunds.

Jul 29, 202514 days ago

Amount Raised

$5.4 Million

Round Type

seed

San FranciscoArtificial IntelligenceSoftware

Investors

Blank VenturesPrimary Venture Partners

Description

Caspian, an AI-driven customs compliance startup, has launched its platform and announced a $5.4 million seed funding round led by Primary Venture Partners. The platform assists businesses in managing tariff impacts and reclaiming billions in unclaimed duty refunds. Caspian enables clients to file claims directly with U.S. Customs, enhancing the efficiency of the process

Company Information

Company

Caspian

Location

San Francisco, California, United States

About

Caspian is an AI-driven customs compliance startup automating duty drawback and trade advisory services to help businesses manage tariff impacts. Its platform ingests and analyzes international shipping and inventory data to identify eligible duty refunds and submit claims efficiently. Caspian is a rare CBP-approved tech company and licensed customs broker, enabling direct filing with U.S. Customs. The company aims to streamline reimbursement processes for exporters and address the complexities of duty drawback.

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Funding Insights

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VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers