Ferrous

Freight audit for mid-size importers.

Ferrous reads every freight invoice an importer receives and finds the overcharges. We recover the money and take a cut. Customs brokers are our channel.

Lena Adebayo Co-founder and CEO

Table 6, by the door

Main quest

The fundraise. Read only: nothing to submit.

Round: Seed
Raising: $1.8M
Committed: $650K
Closing: February

Looking for: A lead from logistics or fintech, plus angels who have run an import business.
Use of funds: Broker partnerships in three ports and a data team.

Side quest

What Lena wants a hand with. Pick one and say so below.

Specialist advice
A customs broker who will tell me the truth about our pitch

Brokers are our channel and I have never had one look at the deck. One honest hour from a working broker would change how we sell.
Who fits
Customs brokers, freight forwarders
Importers who work with either
Effort
One hour, on a call, before the end of November.
I can help

Send a note to Lena

Goes to Lena with the side quest attached. Lena replies to your email.

Or walk over: Table 6, by the door

Back to the startups

Demo content. Founders and companies are fictional. Founder photos: stand-in.

Ferrous

Main quest

Side quest

A customs broker who will tell me the truth about our pitch

Send a note to Lena