AI · San Francisco, California

CommodityAI

CommodityAI is a San Francisco-based startup providing software solutions for commodities trading and operations, founded by industry veterans and backed by Y Combinator and Rebel Fund. The company has achieved $2M ARR with 3x growth in six months as a lean team of under 10 people.

Work at CommodityAI?

Locations
San Francisco+1
Also Remote
Team size
1-10
Founded 2024
Total raised
$500k
Seed · last round Jan '24
Salary range
$200–250k
+ equity · 2 of 3 roles
Open roles
3

Open positions · 3

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About CommodityAI

CommodityAI is a San Francisco-based startup serving the commodities trading and operations industry, founded by former commodity traders and operators who bring deep expertise to the space. The company is backed by Y Combinator and Rebel Fund and has achieved $2M ARR with 3x growth over six months despite operating as a lean team of fewer than 10 people. Led by CEO Philip, a former sugar trader with 10 years of industry experience, the founding team combines commodity market knowledge with technical talent, including Daniel from Samsara, Kyle from construction software, and Zach, a former YC founder and staff engineer from Flexport.

Culture & values

Small, high-ownership team of fewer than 10 people where everyone is genuinely exceptional at something

Culture built around deep domain expertise, strong individual agency, and belief that important work happens in unglamorous but meaningful industries

High-agency, low-handholding environment where team members operate with significant ownership and are expected to take initiative and move fast

Expectation that team members figure things out independently rather than wait to be told what to do

Culture rewards curiosity and initiative over credentials and educational pedigree

Team actively looks for signals of side projects, self-directed learning, and founder mentality

People joining now are shaping how the company scales rather than inheriting an established playbook

Environment energized by working on hard operational problems with a tight team of genuinely great people

Funding

$500ktotal raised

Jan '24
  • Jan 2024 · Seed
    $500k

Company at a glance

Founded2024
Locations
San Francisco, United States ·United States
LinkedInLinkedIn

The team at CommodityAI

1-10 peopleSee everyone on LinkedIn

KF

Kyle Franz

Software Engineering Manager at Autodesk

Chris Bertolini

Founding GTM at CommodityAI

Lachlan Finch

Commodities & Carbon Markets

Philip Koenig

CEO & Founder at CommodityAI (YC W24)

SL

Stefan Luger

Vice President of Sales Americas at ION

Team breakdown

Team Distribution

  • Leadership33%
  • Sales & Business Development33%
  • Engineering11%
  • Product11%
  • Operations11%

Where the Team Studied

  1. 1.University of California, Berkeley
  2. 2.Harvard University
  3. 3.Stanford University
  4. 4.University of Pennsylvania
  5. 5.The University of Chicago

Team Worked At

  • Flexport
  • Samsara
  • JPMorgan Chase
  • Bain & Company
  • UBS

Location

Team Composition

8 people
  • Engineering and Technical1 senior2
  • General Management2 senior2
  • Sales1 senior2
  • Marketing1 senior1
  • Real Estate1 senior1

Frequently asked questions

Of 3 open roles, CommodityAI has 1 remote, 1 hybrid, 1 on-site positions.

CommodityAI is based in San Francisco.

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