Shipamax is a technology company specializing in automating the processing of logistics documents through advanced data extraction and machine learning. Serving a diverse range of clients from family-owned shipowners to large global logistics players, Shipamax operates in the logistics and supply chain market. The company's core product is its data extraction software, which automates the capture and classification of data from commercial invoices, bills of lading, and other critical documents. This automation helps clients quickly and accurately create customs declarations and manage export documentation, significantly reducing manual data entry and improving operational efficiency.

Shipamax's business model is based on a Software-as-a-Service (SaaS) platform, where clients subscribe to use the software. Revenue is generated through subscription fees, which may vary based on the scale and specific needs of the client. The company has secured $9.5 million in venture capital funding, enabling it to invest in cutting-edge machine learning research and development while maintaining financial stability.

Keywords: logistics automation, data extraction, machine learning, SaaS, customs declarations, bills of lading, document processing, supply chain, CargoWiseOne integration, venture capital.