Custom4trade, a Mechelen, Belgium-based digital customs management company, raised €17M in Series C funding.
The round was led by 83North.
The company intends to use the funds to expand sales from European regions to the USA and accelerate growth and its business reach.
Led by CEO and Founder Pieter Haesaert and COO Ilse Vermeersch, C4T simplifies customs and trade with its SaaS solution, CAS, which connects corporations, logistics service providers, customs brokers, and customs authorities with a centralised, multi-country platform that has built-in legal compliance.
The company has served customers across industries, including retail, automotive, high tech, manufacturing, raw materials, and fast-moving consumer goods, to accelerate international commerce, realize duty and administrative savings, and adapt to massive changes in trade, including Brexit.
CAS is built on the Microsoft Azure platform and delivered as a Service (SaaS).