Caspian
TL;DR
Caspian helps companies identify and recover duty expenses with automated duty drawback.
What's the backstory?
Justin Sherlock cut his teeth at Flexport, rising to become the Senior Director and Head of Flexport Capital.
While at Flexport, he saw that even the most savvy and tech-enabled logistics providers were failing to consistently help shippers claim duty drawbacks. He left Flexport and started Caspian to address this need.
In 2024, Caspian received their organizational customs license, which is a significant milestone for the company and makes it one of very few startups with this qualification.
How does it work?
What makes it different?
Key offerings
Duty Drawback Claims
Automating the process of reclaiming duties paid on imported goods that are subsequently exported, up to 99% of the original duty amount.
Trade Data Visualization
Providing customers with visibility into their duty spending, average tariff rates, and export/import flows.
Customs Trade Advisory
Though not fully launched yet, they plan to expand into other customs trade advisory products like NAFTA, tariff engineering, tariff shifts, and foreign trade zones.
How does pricing work?
Typical budget
Billing models
Who is it for?
Profile last edited by StartOps on March 13, 2025.