Customs Window Technologies successful with 800,000 euros seed
Marc Nemitz | 06.11.2024Customs Window Technologies receives €800,000 to tackle customs clearance challenges in the EU and UK
Dublin, November 5, 2024 - Irish RegTech startup Customs Window Technologies announces the completion of an €800,000 seed funding round. The investment round, led by private and EIIS investors and supported by Enterprise Ireland's High Potential Start-Up (HPSU) program, will enable the startup to expand into the UK market.
Expansion planned in the UK
Customs Window Technologies intends to use the additional funding to drive forward its market entry in the UK. The customs authority there, HMRC, recorded over 91 million customs declarations last year. With further regulatory changes expected in 2025, the UK market is considered strategically important for the young company.
Solution for complex customs requirements
Customs Window Technologies offers a comprehensive solution for the growing complexity and high volume of customs declarations. The system is designed to help companies meet compliance requirements and reduce risks associated with customs clearance.
Our solution greatly simplifies the customs clearance process and protects critical data over time
Brian Murphy, COO and co-founder of Customs Window Technologies
Support from experienced investors
Investors include Mike Stalley, founder of tax compliance firm Fiscal Reps. Stalley will advise Customs Window Technologies on international expansion and strategic planning in the UK. Customs Window Technologies had previously received €100,000 in funding from the Enterprise Ireland Pre-Seed Start Fund program.
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