COMMTRADE

commtrade-logo

Hi we are CommTrade and in current specific time we are already save money for a plastics trader. We are b2b software for raw material traders In order to produce many of the plastic objects we use in our daily lives in the US alone, 30,000 plastic traders lose 4 to 6 hours of employee work time on messy and tedious operational work. Why?... Because the deals and shipment process is a mess. We come from the polymer trading industry. When we had to purchase and deliver raw materials for manu... facturing, we spent hours on phone calls and meetings, working in excel spreadsheets and sending tons of documents. We tired of it andโ€ฆ We created CommTrade - an intelligent solution that improves productivityย by automating, tracking and streamlining workflows between contractors. As results we cut 37% time of work per deal, get 17% more in annual revenue and total control of all business streams. We calculates that we saves over 1 thousand dollars per deal. An average trading company makes over 50 deals monthly. So we can provide monthly savings over 50 thousands for each company. For this we charge 1k dollars in monthly subscription for a basic product and we will go deeply in automation of business. It is cheaper than big enterprise ERP systems (like SAP and Oracle) Our product is specifically designed for the polymer trading industry based on market expertise. We know which products need to be in this market. And of course we totally boost efficiency than traditional ways of doing business. There are some specifics of the polymers. The market is huge, but very interconnected and weโ€™re focusing on small and medium distributors of plastics. Now after New York acceleration program we are finalizing a pilot with plastic trader and in the next months we will onboard customers form ready pipeline of companies. We want to generate capital of $100k for finishing 8 more pilots in target market and reach over $80k annual revenue. My partner owns a commodity trading company and has a Morgan Stanley background and market network, my experience is IT management in a big technology company and launching startups. We engaged a strong advisory board of experienced commodity players from Europe, US and global market. We are targeting on the distributed ecosystem for fully automated raw materials trading process and we know how to do it.

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COMMTRADE

Social Links:

Industry:
B2B Contact Management CRM Enterprise Software Industrial Automation SaaS Sales Automation Software Supply Chain Management Trading Platform

Founded:
2018-02-01

Address:
New York, New York, United States

Country:
United States

Website Url:
http://www.commtrade.io

Total Employee:
1+

Status:
Active

Contact:
+7-905-798-3929

Email Addresses:
[email protected]

Total Funding:
130 K USD

Technology used in webpage:
Domain Not Resolving Cloudflare Hosting


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Current Employees Featured

dmitry-egorshin_image

Dmitry Egorshin
Dmitry Egorshin Founder and COO @ CommTrade
Founder and COO
2018-02-01

stanislav-zavershinskii_image

Stanislav Zavershinskii
Stanislav Zavershinskii CEO and Co-Founder @ CommTrade
CEO and Co-Founder
2018-02-01

Founder


dmitry-egorshin_image

Dmitry Egorshin

stanislav-zavershinskii_image

Stanislav Zavershinskii

Investors List

starta-accelerator_image

Starta Accelerator

Starta Accelerator investment in Pre Seed Round - CommTrade

starta-capital_image

Starta VC

Starta VC investment in Pre Seed Round - CommTrade

Newest Events participated

blockworld-2018_event_image Participated in Blockworld 2018 on 2018-09-12 as sponsor

blockworld-2018_event_image Participated in Blockworld 2018 on 2018-09-12 as exhibitor

Official Site Inspections

http://www.commtrade.io

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