Digicust: Six-X investment for customs startup from Lower Austria

After several due diligence phases, several days of negotiations and pitch presentations, Digicust now starts the new year 2023 by closing the Startup Wise Guys SaaS Accelerator round with a six-figure investment.

The decisive factor for the investment was that Digicust has set itself the task of digitizing and automating the entire process from the transmission of customs documents to the creation of the finished customs declaration by means of the virtual customs robot Dexter IDP. No changes need to be made to the company's own IT infrastructure. Dexter IDP builds on existing IT infrastructures and thus quickly and flexibly handles thousands of customs declarations per day at a fraction of the cost.

G. Engemayr Zoll & Consulting GmbH, Zoll.Ution and Rüdinger Spedition already satisfied users

The successful companies G. Englmayr Zoll & Consulting GmbH from Upper Austria, the German Zoll.Ution GmbH and Rüdinger Spedition GmbH are among others already existing customers of Digicust. Through these customers, Digicust has indirectly created the customs declarations of over 700+ industrial companies, making the work of customs service providers much easier. Visible increases in scalability and quality of customs processing have already been documented via case studies on the website.

"Dexter IDP is an adaptive application that allows us to digitize relevant data from PDF customs documents, saving significant data entry effort without user intervention. In addition, extensive data is available in a shorter time, which facilitates our daily business through programmed automation and ensures greater accuracy by reducing data entry errors," describes Christina Heigrodt, Managing Director of Zoll.Ution GmbH.

Digicust addresses a market potential of €42 billion worldwide, which startup Wise Guys also recognized and invested in.

"With SWG's support, we will focus on scaling and further developing our business model and provide customers across industries and globally with a solution for automated end-to-end document processing and automated customs declarations," Matthias Pfeiler CMO and Co-Founder continued.

Currently, Digicust has thus launched its first round of financing for expansion. In addition, discussions are ongoing with various investors who are already interested in the final round of financing. "We are in good exchange with potential investors. The interest is great, the difficulty often lies in the technical understanding of the topic. Although our seed round is closed at the end of March, we are already accepting new interested parties for the upcoming round" concludes Borisav Parmakovic, CEO and Co-Founder.

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