Customs4trade (C4T), a Mechelen, Belgium-based developers of a comprehensive customs and trade compliance platform, raised €2.145m in Seires A funding.
Backers included 42CAP and 10x Group.
The company intends to use the funds to expand the current C4T product team, further enhance software functionality, and build out a sales and marketing organisation.
Co-founded by Pieter Haesaert and Ilse Vermeersch., Customs4trade provides a solution, CAS, which enables companies to centralize, automate, and manage both regional and worldwide customs and trade compliance in-house, within one single platform.
Built on the Microsoft Azure platform and delivered as a Service (SaaS), CAS integrates the complex mechanics of customs legal requirements with an organisation’s ERP or WMS systems and processes via a straightforward user interface. It is used by such manufacturers as Honda Motor Europe, Isuzu Motors Europe, Agristo, Reynaers Aluminium.