Waybridge
Waybridge offers digital tools targeting inefficiencies in the raw materials supply chain. Founded 2019 in New York, the company is backed by Craft Ventures, Room40 Ventures, and Venrock.
- Company typePrivate
- Founded2019
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Waybridge does
Waybridge is a private US-based software company that offers a suite of digital tools targeting fundamental inefficiencies in the raw materials supply chain. According to firmographics, the company was founded in 2019 and is headquartered in New York, with a headcount of 1-10 employees, indicating an early-stage operating profile. The company's website is waybridge.com, and it operates as a for-profit private entity.
The company has raised approximately $20 million across two disclosed funding rounds: an initial $10 million round in September 2019 co-led by Room40 Ventures and Venrock, followed by a second $10 million round in May 2021 led by Craft Ventures alongside Room40 Ventures and Venrock. Waybridge was co-founded by Scott Evans (CEO) and Andrew Sweeney (CTO), with Patrick McCarthy serving as Head of Market Development, suggesting a founder-led team focused on commercialization of the supply chain platform.
The business model is not detailed in the available sources: no pricing model, revenue stream mechanics, named customer segments, or go-to-market channels are disclosed beyond the general positioning as digital infrastructure for raw materials. No product roadmap details, certifications, regulatory actions, or partnership announcements beyond investor relationships are present, materially limiting visibility into the company's commercial traction and revenue generation.
Waybridge firmographics
Firmographics- Name
- Waybridge
- Legal name
- Waybridge
- Website
- https://waybridge.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Waybridge offers digital tools targeting inefficiencies in the raw materials supply chain. Founded 2019 in New York, the company is backed by Craft Ventures, Room40 Ventures, and Venrock.
- Ownership category
- akta.pro rank
Where Waybridge is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Waybridge business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- USDG Custody Services: Custody services for USDG (Global Dollar Network stablecoin) for institutional customers in Korea, with rewards proportional to USDG holdings
Go-to-market motion1 record
Distribution channels1 record
Waybridge product offering
Product offeringCore offering
Waybridge offers a suite of digital tools that targets fundamental inefficiencies in the raw materials supply chain. The company provides software to industrial firms and commodity supply chain participants to digitize and streamline sourcing, procurement, and materials-related workflows. Its product is positioned as a focused SaaS platform for the raw materials sector.
Product overview
Waybridge is a Korean digital asset financial infrastructure company offering institutional-grade stablecoin services. The company operates a unified platform centered on USDG (Global Dollar) custody services, with plans to expand to include USDG minting and redemption capabilities aligned with Korea's stablecoin law enforcement.
Differentiator
Problem solved
Functional benefit
Products and services
- Waybridge Raw Materials Supply Chain Platform A suite of digital tools that targets fundamental inefficiencies in the raw materials supply chain, designed for industrial buyers, sellers, and other participants handling raw materials and commodities. The platform digitizes and streamlines sourcing, procurement, and materials-related workflows that are traditionally manual and fragmented.
Companies that use Waybridge
Customer profileSegments1 record
Ideal customer profiles1 record
Waybridge technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Waybridge partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Paxos (Global Dollar Network)flagshipWaybridge joined the Global Dollar Network (GDN) operated by Paxos as the first official partner in Korea. The partnership enables Waybridge to launch the first USDG Custody service in Korea for institutional customers, providing access to the global stablecoin network. Waybridge also plans to support USDG minting and redemption services in line with stablecoin law enforcement.
Recent moves3 records
Expansion highlights2 records
Waybridge competitors and assessment
Company assessmentDirect peers
- Minehub Technologies: Minehub Technologies operates a digital platform for mining and metals supply chains, providing visibility and workflow tools across the commodity value chain. Most directly comparable to Waybridge's focus on digital tools for raw materials supply chain inefficiencies.
- Minespider: Minespider offers blockchain-based traceability, ESG, and supply chain tools for raw materials. Directly comparable as a digital tools provider targeting mining and raw materials supply chain workflows.
- Circularise: Circularise provides digital product passports and supply chain traceability for raw materials and industrial companies. Comparable as a digital tools provider targeting transparency and inefficiency in raw materials supply chains.
- Metalshub: Metalshub operates a digital marketplace and tooling platform for the metals and raw materials industry, addressing trading and supply chain inefficiencies. Comparable to Waybridge's raw materials supply chain focus.
Broad incumbents
- AVEVA: AVEVA provides industrial software including solutions for mining, metals, and process industries. Comparable as a broad incumbent with overlapping capabilities in industrial digital tools for raw materials customers.
- Hexagon Mining: Hexagon Mining offers technology solutions for mining operations including planning, operations, and fleet management with adjacent supply chain capabilities. Comparable as a broad incumbent in mining technology.
- SAP: SAP provides enterprise software including supply chain management solutions widely used by industrial and raw materials companies. Comparable as a broad incumbent with significant presence in raw materials supply chain software.
- Oracle: Oracle offers enterprise and supply chain software widely adopted by industrial and raw materials companies. Comparable as a broad incumbent in the supply chain software space.
- IBM: IBM provides enterprise software, blockchain, and supply chain solutions with offerings for industrial and mining customers. Comparable as a broad incumbent with digital tools for raw materials supply chains.
- Tradeshift: Tradeshift provides a digital supply chain and trade finance platform with a presence in industrial and raw materials supply chains. Comparable as a broader supply chain digital tools provider with overlapping enterprise customers.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat3 records
Key risks4 records
Key highlights3 records
Customer concentration
Waybridge social profiles
Digital presenceWaybridge financial estimates
Financial estimateRevenue estimate
Valuation estimate
Waybridge leadership team
Management profileNumber of profiles
Profiles3 records
Waybridge funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Waybridge M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Waybridge
What does Waybridge do?
Waybridge offers a suite of digital tools that targets fundamental inefficiencies in the raw materials supply chain. The company provides software to industrial firms and commodity supply chain participants to digitize and streamline sourcing, procurement, and materials-related workflows. Its product is positioned as a focused SaaS platform for the raw materials sector.
Is Waybridge a public or private company?
Waybridge is a private company. It is classified as venture growth investor backed and is currently operating.
When was Waybridge founded?
Waybridge was founded in 2019. It employs 1 to 10 people.
Where is Waybridge based?
Waybridge is headquartered in New York, United States, in the North America region.
How does Waybridge make money?
One revenue line is on record: USDG Custody Services.
Who are Waybridge's main competitors?
Direct peers on record are Minehub Technologies, Minespider, Circularise and Metalshub. Broad incumbents are AVEVA, Hexagon Mining, SAP, Oracle, IBM and Tradeshift.
Does Waybridge have an API?
No public API is recorded for Waybridge.