Skypass

Skypass

A digital platform tailored to enable customs refunds for ecommerce businesses.

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DateInvestorsAmountRound
-investor

€0.0

round
*

NOK3.0m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2021202220232024
Revenues0000000000000000
% growth-3563 %1029 %(77 %)
EBITDA0000000000000000
Profit0000000000000000
% profit margin(300 %)(881 %)(64 %)(393 %)
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

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More about Skypass
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Skypass is a digital platform designed specifically for online retailers, focusing on optimizing the management of shipment data and securing customs refunds on returned goods. The company operates in the e-commerce and logistics market, providing a solution that addresses the often-overlooked area of customs duty refunds.

The core service offered by Skypass involves collecting and managing shipment data, which includes customs declarations and commercial invoices. This data is stored in the cloud, allowing for easy access and analysis. By structuring and analyzing these documents, Skypass provides complete freight data for each item, which is crucial for accurate customs processing and refunds.

One of the standout features of Skypass is its ability to automate customs duty refunds. When online retailers have goods returned by customers, they often lose money on customs duties that were paid when the goods were initially imported. Skypass helps recover these costs by ensuring that customs refunds are processed for every return package. This can result in significant financial savings for businesses, as evidenced by their claim that customers save an average of 250,585 annually.

The platform is versatile in terms of data integration. Users can upload files of any format directly into the platform or choose to integrate Skypass with their existing Enterprise Resource Planning (ERP) systems. This flexibility makes it easier for businesses to incorporate Skypass into their existing workflows without significant disruption.

Skypass primarily serves online retailers who deal with international shipments and returns. These clients benefit from the platform's ability to streamline the customs refund process, thereby improving their bottom line. The business model is likely subscription-based, where clients pay for access to the platform and its features, although specific pricing details are not provided.

In summary, Skypass offers a specialized service that helps online retailers manage shipment data and recover customs duties on returned goods, providing significant cost savings and operational efficiency.

Keywords: digital platform, online retailers, shipment data, customs refunds, cloud storage, freight data, customs declarations, commercial invoices, ERP integration, financial savings.

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