Kellerhals Carrard with Besso AG on its CHF 4 million deal
Customs duties are a cost most companies pay without questioning. Every day, global companies move goods across borders and face a maze of changing trade rules, changing tariff schedules or overlapping of free trade agreements. Besso, founded by Philip Sieber-Gasser, has built a Trade Regulation Intelligence platform that helps companies optimize their supply chains around the regulatory constraints and prevent such overpayments. It continuously provides applied regulatory visibility for every trade agreements and tariff schedules across the globe, identifies where a company is paying more duties than necessary, and shows how to recover or avoid those costs, for example through preferential tariff rates or free trade agreement eligibility. The company helps make the complexity easier to navigate, helping businesses identify opportunities in their international supply chains and reduce trade-related costs. Now Besso has secured CHF 4 million from a single large European family office. The funding will go into growing the team, serving a fast-growing base of multinational customers, and further product development and R&D. The Kellerhals Carrard core deal team consisted of
Congratulations to Philip Sieber-Gasser and the whole team at Besso! We look forward to watching the company's growth cross borders, duty-free, of course.