Project44 Acquires ClearMetal

Anurag Khadkikar | May 31, 2021

Project44 Acquires ClearMetal
Today project44 announced that it would acquire San Francisco-based ClearMetal, a market leader in international supply chain visibility and predictive analytics for enterprises. ClearMetal’s patented artificial intelligence (AI) enables organizations to optimize their supply chains and provides customers with easy access to trusted, live information about their orders and shipments. project44’s acquisition of ClearMetal is that the latest growth milestone preceded by building on tremendous 135% YoY growth, crossing the $50M ARR mark, and being named a leader in the latest Gartner Magic Quadrant. This acquisition places project44 on the cutting edge of logistics AI, enabling customers to enhance agility and resiliency across their global and multi-modal supply chains.

“Project44 has the broadest and deepest visibility network in the world, across all transportation modes,” said Jett McCandless, Founder & CEO, project44. “With the addition of ClearMetal’s advanced AI technology and data science team, we’re building on a strong foundation and extending capabilities to deliver more accurate, predictable ETAs and visibility into customer orders and inventory in transit.”

Over the past 18 months, global supply chains have seen unprecedented levels of disruption. These disruptions have created even more urgency for advanced technology to accurately analyze and track orders and shipments across all transportation modes to provide customers with the delivery experience they expect. Combined with project44’s leading multi-modal, global network, ClearMetal delivers customers with far more granular and deeper visibility earlier on in the lifecycle of predicting and acting on supply chain disruptions before they occur. This new functionality includes inventory visibility for shippers and direct integrations with freight forwarders and ocean carriers. As a result, customers can leverage the most accurate end-to-end ETA across all transportation modes, available uniquely from project44.

The combined platform will deliver value to customers and supply chain partners by:

• Deepening AI-based business and market analytics capabilities that translate into intelligent cost savings in the form of reduced buffer stock (15% reduction) and inventory optimization (10-20% reduction)

• Improving demand forecasting and distribution capabilities, providing order and inventory level visibility across shipments, resulting in expedited fee reductions (25-30%)

• Expanding global upstream supplier visibility - particularly into Asia, where manufacturers and freight forwarders play a critical role in the worldwide supply chain

“Now, joined with project44, there’s no question this is the industry’s #1 platform, and our combined team, capabilities, and execution deliver remarkable digital transformation for supply chains and the people who rely on them,” said Adam Compain, Founder & CEO of ClearMetal. “ClearMetal’s focus on global manufacturing companies with best-in-class supply chains such as Unilever, Georgia-Pacific, Lenzing, and BAT has helped us crack the code on providing upstream international supplier visibility from APAC and LATAM to North America, which is particularly critical given today’s issues with ocean freight. We’re delighted to be part of the project44 team.”

ClearMetal recently partnered with Unilever to build and launch its Virtual Ocean control tower. Michelle Grose, Unilever’s Head of Logistics and Fulfilment, said, “We’re transforming our technology backbone to create a highly agile, responsive, and end-to-end connected supply chain. This innovation is one piece of that puzzle. It (the control tower) gives us real-time visibility of each step in the process, so we can plan better and respond quicker and, importantly, predict and proactively deal with issues.” Read the blog post here.

“With our interaction with ClearMetal, we have tangible examples of where we applied then deployed this technology to our customers. They have been extremely engaged and collaborative, wanting to understand what our customer’s pain points were,” said the VP of Supply Chain and Customer Experience at Georgia-Pacific. Watch the video here.

Earlier in 2021, project44 was named a Gartner Magic Quadrant Leader, and Gartner recognized ClearMetal as one of the four vendors in the 2021 Gartner “International Visibility Business Process Context: ‘Magic Quadrant for Real-Time Transportation Visibility Platforms’” report.

About ClearMetal
ClearMetal, Inc., based in San Francisco, CA (USA), is a leader in the Continuous Delivery Experience (CDX), enabling supply chain organizations to optimize logistics and provide their customers with easy access to trusted, live information about their shipments. The ClearMetal CDX Platform uses proprietary machine learning algorithms to break free from static-visibility paradigms and make sense of supply chain data. ClearMetal was founded by top software engineers, data scientists, and operations researchers from Stanford University, Google, and Silicon Valley and is funded by Eclipse Ventures, Prelude Ventures, Innovation Endeavors, NEA,, Prologis, PSA Unboxed, DCLI, Munich Re Ventures, BTomorrow Ventures, and the founders of GT Nexus, Navis, and Uber Freight.

About project44
project44 solves some of the world’s most critical logistics challenges by connecting, automating, collaborating, and providing real-time visibility into global transportation processes. With project44’s cloud-based platform, organizations can increase operational efficiencies, reduce costs, improve shipping performance, and deliver an exceptional, Amazon-like experience to their customers. project44 supports all transportation modes and shipping types, including air, parcel, final-mile, less-than-truckload, volume less-than-truckload, groupage, truckload, rail, intermodal, and ocean.


For the third straight year, DHL Express is certified by Top Employer Institute as one of the leading employers globally. DHL Express was certified in 59 countries, 16 more than in 2016, and further proof of the company's claim as the 'world's most international company'. The company

Other News

Collaborative warehouse bots are critical to e-commerce success, Shopify exec says

6 River Systems | September 16, 2020

A spike in e-commerce volumes driven by coronavirus travel restrictions may slow down after a safe vaccine is eventually found, but its impact on fulfillment automation processes is here to stay, according to a top executive at Shopify, an e-commerce platform for small and medium-sized businesses (SMBs). As the pandemic prevented consumers from congregating in brick and mortar stores, so many of them turned to e-commerce shopping that the online retail sector experienced five years’ worth of growth in the past three months alone, Shopify’s chief technology officer, Jean-Michel Lemieux, said today. From less than 1% in 2000, the share of e-commerce retail sales as a percent of tot...

Read More

6 River Systems upgrades its robotic fulfillment solution

6 River Systems | September 25, 2020

6 River Systems has made a series of enhancements to its robotic fulfillment solution. 6 River, part of e-commerce platform provider Shopify, revealed the upgrade during its second annual user conference, FLOW 2020. David Vallance, director of product at 6 River Systems, says: “We have developed a strategic product roadmap at 6RS to find and address the next level of efficiencies to help our customers meet ever-changing demand and drive value to their own customers. “We’ve grown from providing picking robots to supporting inbound to outbound tasks within the four walls of the warehouse. Our latest set of enhancements are another exciting step forward in the evolution of our...

Read More

Project Verte Deploys 6 River Systems Solutions in Atlanta Distribution Center

6 River Systems | September 25, 2020

6 River Systems (6RS) announced its deployment with Project Verte, a full circle e-commerce solution provider that helps brands grow and directly engage with customers. 6RS will support fulfillment activities at Project Verte’s distribution center (DC) in Atlanta, which fulfills orders for numerous retailers and brands. The Atlanta DC will also serve as 6 River Systems’ southeast hub for site tours, allowing fulfillment professionals in the Atlanta area to tour an active, high-volume warehouse powered by flexible automation solutions. Project Verte enables sellers to connect to every sales channel and seamlessly manage all aspects of a customer journey through a single seller pla...

Read More

Adoption of the Internet of Robotics Things Accelerates

6 River Systems | September 29, 2020

Adoption of smart robotics has accelerated this year, driving sophisticated automation in various environments. Introducing Internet of Things (IoT) functionality to robots isn’t new, however. In 2014, ABI Research introduced the concept of the Internet of Robotic Things (IoRT). The term described intelligent devices that can monitor events going on around them, integrate various sensor data types, use local and distributed intelligence to determine the best courses of action before manipulating or controlling physical objects. In September 2016, MarketsandMarkets released a report estimating that the IoRT market will be valued at approximately $21.44 billion by 2022, driven by adoptio...

Read More


For the third straight year, DHL Express is certified by Top Employer Institute as one of the leading employers globally. DHL Express was certified in 59 countries, 16 more than in 2016, and further proof of the company's claim as the 'world's most international company'. The company