What VERSO WAVES LTD does

Verso Waves Ltd is a UK-based private software company that sells a cloud-based freight management platform to freight forwarding businesses, customs teams, and finance teams operating complex, multi-market international shipments. The platform replaces fragmented spreadsheets, email inboxes, accounting systems, and legacy on-premises forwarding software with structured workflows covering shipment management (import, export, cross-trade), customs declaration creation and submission, sales and rate management, finance and profitability tracking, document management, customer portal access, and reporting. Underlying technology includes API-based connectivity to sovereign customs authorities for in-workflow declaration submission, direct integrations with accounting platforms (Xero, Sage, QuickBooks, Exact Online) and ERP/WMS systems, and an AI-powered Data Extraction module (DEX) launched in 2025 that uses foundation AI models refined with proprietary processes to convert unstructured PDFs, images, and emails into structured operational data with human-in-the-loop review.

The company operates a SaaS subscription revenue model with annual billing and quote-based pricing tailored to customer operational complexity and user count. Go-to-market is consultative and demo-driven, targeting mid-market and enterprise freight forwarders through direct enterprise field sales supported by content marketing (blog and "Freight operations insights" newsletter) and published case studies. Visible customers include Schallenberg International, RBF Cargocare, Burhill Logistics, UAE Cargocare, Sail Line, Gaston Schul, Customs Care, Cargocare Global, and B2L Cargocare, with implementation support and an Implementation Manager guiding onboarding. The company is registered in England and Wales (company number 15238274) with headquarters in Colchester, is led by Managing Director Jon Wood, operates with 1-10 employees, and has not disclosed external funding.

Name

VERSO WAVES LTD

Legal name

Verso Waves Ltd

Website

https://versowaves.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Verso Waves Ltd is a UK-based SaaS company that provides cloud-based freight forwarding and customs declaration software, including AI-powered document extraction, for mid-market and enterprise freight forwarders with complex, multi-market operations.

Ownership category

akta.pro rank

Product category

Freight Forwarding Software

NAICS

Freight Transportation Arrangement (488510), Support Activities for Transportation (488)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Customs Brokerage Workflow & Case Management Software (TLAEAOAH)

Keywords

• Freight forwarding software
• Customs declaration software
• Shipment management system
• Logistics workflow automation
• Freight management platform

Headquarters

HQ city

Colchester

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription: Cloud-based freight management platform sold as a subscription service. Being fully cloud-based, resources can be flexed as businesses grow. Customers have grown from a handful of users to 50 or more users. Implementation and onboarding support included as part of the service.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Verso Waves provides a cloud-based freight management system that connects workflows, data, and processes across the entire shipment lifecycle for freight forwarders, replacing disconnected spreadsheets, emails, and legacy systems with structured workflows spanning customs declaration, shipment, sales and rate, finance and profitability, document, and customer portal modules. The platform includes DEX (Data Extraction), an AI-powered capability that transforms unstructured PDFs, images, and emails into structured data, and integrates directly with sovereign customs systems and accounting platforms such as Xero, Sage, QuickBooks, and Exact Online.

Product overview

Verso Waves offers a unified freight management platform with modular architecture. The core product is the Verso Waves Platform, which connects shipments, customs, finance, documents, customers, and reporting. Supporting modules include Customs Management for declaration processing, Finance & Profitability for financial tracking, Sales & Rate Management for quoting, Shipment Management for job control, Documents & Customer Portal for document handling, and Connectivity & Reporting for data access. DEX (Data Extraction) is an AI-powered module that transforms unstructured documents into structured data. The platform is designed specifically for freight forwarders, customs teams, and finance teams, replacing disconnected spreadsheets, emails, and legacy processes with structured workflows.

Differentiator

Problem solved

Functional benefit

Products and services

• Verso Waves Platform Cloud-based freight management system that connects workflows, data, and processes across the entire shipment lifecycle for freight forwarders, replacing disconnected spreadsheets, emails, and legacy systems with structured workflows spanning customs declaration, shipment, sales and rate, finance and profitability, document, and customer portal modules. Integrates directly with sovereign customs systems and core accounting platforms such as Xero, Sage, QuickBooks, and Exact Online, and includes AI-driven compliance monitoring and automated sanity checks.
• DEX (Data Extraction) AI-powered document reading capability that transforms unstructured PDFs, images, and emails into structured data to automatically build forwarding jobs and customs declarations, eliminating manual data entry. Uses foundation AI models refined by proprietary processes for out-of-the-box accuracy, with mastery of complex multi-page shipping documents, commercial invoices, and packing lists, plus automated sanity checks and human-in-the-loop review interfaces.

Quantifiable outcome

• Transition completed in 8 weeks with 100% of users trained and working in new platform during implementation window
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability8 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core.

• XerocoreTechnology or IntegrationIntegration partnership for core finance system connectivity. Verso Waves pushes clean financial data directly into Xero for stress-free reconciliation, allowing customers to use Verso Waves for operational finance while maintaining Xero as their accounting ledger.
• SagecoreTechnology or IntegrationIntegration partnership for Sage accounting software connectivity. Financial data flows from Verso Waves operational platform into Sage for accounting purposes.
• QuickBookscoreTechnology or IntegrationIntegration partnership enabling Verso Waves to push financial data to QuickBooks for reconciliation. Part of the core finance system integration ecosystem.
• Exact OnlinecoreTechnology or IntegrationIntegration with Exact Online ERP system. Financial data synchronization for customers using Exact as their core accounting platform.
• Sovereign Customs SystemscoreTechnology or IntegrationDirect API integration with sovereign/customs authorities' systems for declaration submission. Allows Verso Waves users to submit customs declarations directly into government customs systems, automating complex workflows.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/verso-waves

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VERSO WAVES LTD