Expedock cinches Series A to grow its freight paperwork management platform

As of late last month, there were more than 300 ships in China waiting to load up and head to the U.S., Cargomatics Weston LaBar told NPRs Marketplace. At least, thats the assertion of King Alandy Dy, the founder of Expedock, which uses AI to digitize freight paperwork and categorize it into existing logistics management tools. He later joined Intuit as a data connections and machine learning specialist, where he built a dashboard to show high-value requests being made by users to drive bank account integrations.Jeff Tan, our COO, comes from a family of freight forwarders, Alandy Dy said. AI-powered features on the roadmap include fraud detection in supply chain payments as well as predicting vendor churn and margins.Its this application of AI that piqued the interest of Insight Partners Connor Guess, he told TechCrunch via email. When asked, he said hes not concerned about global economic headwinds, given that business has remained steady despite the doom-and-gloom headlines.Expedock also has the advantage of occupying a sector transportation and logistics thats still seeing a disproportionately high level of investment activity.