Sam Tyagi KlearNow.AI Co-Founder and CEO: “We are making global supply chains simple, collaborative, and cost-effective”

The Silicon Review

KlearNow.AI was founded in 2018 with one goal in mind: to simplify global trade with artificial intelligence and machine learning technology to make supply chains clear, cost-effective and transparent. Historically, data entry of documents vital to the shipment of goods has been recorded manually on paper at each point in the import and export process causing a lack of visibility overall, risk of errors and delays. KlearNow.AI recognized the need to digitize and streamline the process to bring the logistics industry into the 21st century. Ditching the paperwork through KlearNow.AI’s technology has saved numerous companies both valuable time and money.

KlearNow.AI helps businesses address the increasingly complex challenges facing supply chains today. It uses Artificial Intelligence to automate the information gathering process across diverse geographies, entities and documents essential for international trade. It connects importers, customs brokers, freight forwarders, carriers and truckers with shipment data, using a singular digital platform to avoid any gaps in communication. The patented AI technology also eliminates bottlenecks, proactively identifies costly delays and determines immediate actions to remedy the situation such as rerouting assets. To date, over 1,000 organizations have adopted KlearNow.AI’s platform to become more productive and efficient, including those in furniture, industrial/manufacturing, food and beverage, automotive/transportation, apparel/footwear, chemicals and other industries.

In conversation with Sam Tyagi, Co-Founder and CEO of KlearNow.AI

Q. Data scientists and big data experts are among the most highly coveted —and highly paid — workers in the IT field. How can businesses upskill their workers?

Supply chains and their complex fragility were highlighted during the pandemic. Disruption across the global trading environment spurred by unanticipated changes in demand meant all of us now have a ‘supply chain’ story. International logistics is one of the last industries to embrace digitization but the benefits of enhancing global trade processes are massive. The WTO estimates that digitized trade can cut costs by 6% and boost trade flows by $1 trillion per year. From democratizing access to trade, improving livelihoods globally, to reducing carbon emissions by eliminating the documents that are flown around the world, the team at KlearNow.AI stand behind their ability to ditch the paperwork of international trade in order to save time, money and the planet. This has allowed us to attract amazing talent. Over the years, KlearNow.AI has seen an increase in employee satisfaction, engagement, retainment and even recruitment from other supply chain groups, such as Amazon, Meta, Maersk and Livingston.

Q. Storing big data, particularly sensitive data, can make companies a more attractive target for cyberattackers. How secure is your offering?

When a document is submitted onto KlearNow.AI’s digital platform, the information is classified. Only parties with granted permission are able to access the digital data on that document, while others are restricted. The platform also protects the IP address of the parties accessing the data.

Q. The goal of an analytical procedure is to convert collected data into a format which is more readable. This conversion process becomes more difficult when procuring large amounts of data. Can we simplify the deciphering process?

Since 2018, KlearNow.AI’s artificial intelligence and machine learning engines have been ingesting more data, making them smarter every day. With over 1,000 clients now transacting hundreds of shipments every day, our engines are only getting better, more accurate and faster at identifying potential exceptions in the data. The use of AI and ML technology has already saved our customers countless hours, allowing even the most complicated customs entry forms to be completed just in a matter of seconds. It does this without any major business process change to gather the data inputs. Further, importers, exporters and freight forwarders can manage hundreds of shipments simultaneously, without getting bogged down in stacks of paperwork and the tedious complexity of trying to identify what data may be missing for each shipment in order to process a customs clearance correctly. This is where AI really comes into its own, managing all of the complexity on behalf of the team, allowing them to focus on more important, value-adding tasks for their clients.

Q. Do you have any new services ready to be launched?

Taking a lead from ChatGPT, we are planning to offer our pioneering AI and ML engines to the global supply chain market. Instead of customs brokers and freight forwarders having to develop their own AI underpinned systems, KlearNow.AI will package its Customs and Data Engines separately and allow all to benefit in the technology advancements that AI brings to the supply chain industry.

Q. What does the future hold for your company and its customers? Are exciting things on the way?

KlearNow.AI has seen 30x revenue growth over the last two years, and as a technology company we aren’t stopping there. We have already expanded our presence beyond the U.S. to the U.K., Canada, India, and Spain and are now gearing up to launch in the Netherlands.

Meet the leader behind the success of KlearNow.AI

Sam Tyagi is Co-Founder and the CEO of KlearNow.AI, a technology start-up positioned as the go-to digital supply chain solution for businesses that trade across borders. He is a successful serial entrepreneur with a passion for building businesses from ideation to profitable outcomes through his vision, leadership, team building and business acumen.

Sam’s 25 years of management experience include founding and acquiring three market-leading IT integration and product businesses, which each generated a high return on investments for its shareholders once exited. His notable exits include KPMG, ACS Xerox and Softtek, and one of the companies he built was also ranked second on Entrepreneur Magazine’s “Hot 100 List.” He also is an investment partner at Argean Capital, a Silicon Valley-based private equity firm that focuses on technology markets undergoing strategic transformation.