Caspian Trade, Inc.

Based in the US, Caspian Trade, Inc. specializes in automating the duty drawback process, enabling U. S. exporters to reclaim duties on imported goods through a sophisticated platform that leverages artificial intelligence.

Caspian was founded in 2024 in San Francisco, US, providing automation solutions for U. S. exporters. The company has closed 1 deal, with its most recent funding round being a Seed round on July 29, 2025, raising USD 5.

4 million led by new investor Primary Venture Partners, with participation from another new investors Blank Ventures, SuperAngel. Fund, Lerer Hippeau Ventures, Stratus Ventures Management, Anomaly fund and FJ Labs. Individual investors are also participated in the round. The founder's background is not specified, nor are there any mentions of subsidiaries or parent companies.

Caspian provides an innovative solution focused on automating the duty drawback process, which enables U. S. exporters to reclaim duties on imported goods. The company offers a comprehensive platform that utilizes artificial intelligence to gather, structure, and reconcile trade data, streamlining the claims process.

Their services help track claim progress, submit initial applications for first-time filers, and generate actionable insights to optimize future duty spend. The client base primarily consists of U. S. exporters across various industries, with a focus on those engaged in international trade within North America and potentially extending to markets in Europe and Asia.

Caspian's revenue model is based on a subscription structure, allowing clients to automate their duty drawback claims. The platform integrates with existing inventory and supply chain systems, enabling clients to manage and track trade data effectively. While specific pricing plans are not disclosed, the service typically supports recurring revenue through annual or multi-year agreements, assisting clients in reducing manual preparation efforts by up to 90%. In July 2025, Caspian raised USD 5.

4 mn in Seed funding, led by Primary Venture Partners, to support its expansion plans. The company intends to utilize the funding to enhance its product offerings and possibly explore new markets, although specific upcoming products or geographic regions for expansion have not been detailed.