Import Genius

Import Genius is a provider of business intelligence for the import-export industry.

Import Genius
Private
Industry
  • Trade Data Services
  • Computer Software
  • Internet
FoundedUnited States (July 20, 2007)
FounderRyan Petersen, David Petersen, Michael Kanko
Headquarters
Scottsdale, AZ, Shanghai, China, Manila, Philippines
,
United States
Key people
Michael Kanko, CEO; Nickie Bonenfant, COO; Paulo Marinas, CTO
Websitewww.importgenius.com

Intro

Import Genius gives customers access to shipping manifests for all shipments entering the United States of America in addition to several other countries around the world. In 2008, the company gained considerable notoriety by using U.S. Customs records to detect the arrival of the 3G iPhone prior to Apple's announcement of the phone.[1]

Founders
  • David Petersen, Founder
  • Michael Kanko, Founder and CEO
  • Ryan Petersen, Founder

Business

Import Genius was founded by Ryan Petersen, David Petersen, and Michael Kanko. Import Genius was initially founded on July 20, 2007 however didn't become well known until a few years later. Import Genius was envisioned to be used as a database tool in order to assist importers and exporters involved with international trade.[2] Import Genius' debut happened in 2008 when David Peterson's brother and employee Ryan Petersen used the information found in Import Genius’s database to predict the release of the 3G iPhone.[3][4] Since then, Import Genius has been developed not only for importers and exporters, but also to assist freight forwarders, investors,[5] researchers,[6] and even for legal purposes.

As at 2017, the Import Genius generated over $9 million in revenue, according to Ryan Peterson.[7]

References
  1. Wolfers, Justin (27 June 2008). "Amazing New Trade Data". Freakonomics.
  2. Rogers, Bruce. "Ryan Petersen's Flexport Aims To Simplify Global Freight Transport Business". Forbes. Retrieved 2019-03-19.
  3. Kincaid, Jason (28 May 2008). "ImportGenius: The Disruptive Shipping Database". The Washington Post.
  4. Ratcliff, Evan (18 February 2009). "Transparency as a Stimulus". Wired.
  5. "Kandi Technologies: Customs Records Contradict U.S. Electric-Vehicle Sales Claims". Seeking Alpha. 23 April 2013.
  6. Schneider, Andrew (15 August 2011). "Asian Honey, Banned in Europe, Is Flooding U.S. Grocery Shelves". Food Safety News.
  7. Adams, Susan. "Flexport Wants To Do For Freight Shipping What FedEx Does For Small Packages". Forbes. Retrieved 2019-03-19.
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