Companies

Donkey

donkey.trade

Factory-direct trading company delivering duty-paid Chinese goods to U.S. importers through transparent landed-cost pricing.

HQSan Francisco, California, United States
Employees1-50
Jobs checked 20h ago
Logistics / Supply ChainAI-EnhancedMarketplacePre-Seed / Seed

About

Donkey is an AI-native trading company that buys directly from Chinese factories and sells delivered, duty-paid goods to U.S. importers. It differentiates itself by analyzing customs records to identify actual factories and markups, providing landed-cost quotes within 72 hours, conducting factory-floor inspections, and acting as the U.S. counterparty.

Market

Donkey competes in cross-border B2B sourcing, procurement, and import logistics for U.S. buyers of China-manufactured goods, positioning itself as an AI-native trading company rather than merely a supplier marketplace or freight forwarder. It differentiates by using customs-record data to identify the actual factory, taking title, arranging factory-floor inspection, acting as importer of record, and delivering one duty-paid price through a U.S. counterparty; the named competitors generally emphasize factory matching, managed sourcing, quality inspection, procurement services, or marketplace-based trade protection.

Target Customers

Donkey targets U.S.-based importers of repeat-order physical goods—especially housewares, furniture, tools, lighting, and auto parts—whose procurement or supply-chain teams buy through trading companies or need a U.S. counterparty. Its model appears best suited to qualified small and mid-sized importers that can begin with one recurring SKU, although Donkey does not disclose a formal company-size threshold.

At a Glance

Problem

US importers often source through opaque trading companies that conceal the factory and add a 15–30% markup to every container. This creates a costly, information-poor procurement process: buyers may not know who actually manufactures a product, whether the quoted price is competitive, or whether quality has been checked before payment. Donkey’s clearest use case is a recurring reorder: an importer sends a photo of a part, and Donkey identifies the actual factory and promises to beat the importer’s landed cost within 72 hours.

Product / Service

Donkey positions itself as an AI-native, factory-direct trading company for US importers. It buys directly from Chinese factories and sells to importers at a single US-dollar price delivered to the buyer’s dock, with duty paid. The company takes title, manages the money and logistics, provides its own factory-floor inspection before paying the supplier, and offers credit-insured net-45 terms to qualified buyers.

The technology layer parses public US customs filings to identify genuine factories, distinguish them from shells and freight forwarders, and build a data set of pricing and supplier reliability. By combining this software with sourcing, quality control, logistics, and financing, Donkey aims to deliver lower landed costs, greater factory transparency, and a simpler procurement experience than the traditional trading-company model.

Market

Donkey competes in the overlap of China-US sourcing, logistics, manufacturing procurement, supply-chain services, and applied AI. Its primary competitive alternative is the incumbent trading-company model, which Donkey says relies on large human coordination teams and opaque markups. The available profile does not name specific rival companies; instead, it frames Donkey as a technology-enabled alternative to traditional trading intermediaries.

The company is listed by Y Combinator as an active Summer 2026 company in Logistics, Manufacturing, Supply Chain, and AI, with zero jobs listed at the time of the profile. The evidence indicates an early-stage launch with the capability to process settled orders, but it provides no quantified revenue, customer, order-volume, or GMV metrics. Accordingly, traction is not yet publicly measurable from the available information, and pre-revenue status cannot be confirmed.

Founders & Leadership

Benjamin MartindaleFounder
Co-founder & CEO
Minghao TanFounder
Co-founder & CTO

Funding History

2026-06
Seed$125K

Y Combinator

Recent News

2026-07-19
Y Combinator S26 Batch Companies directory includes Donkey

Extruct’s directory of Y Combinator Summer 2026 companies lists Donkey and links to donkey.trade. It describes Donkey as a modern trading company serving US importers.

2026-07-17
Donkey: The AI-native trading company: China factory-direct for US importers

Y Combinator’s company profile identifies Donkey as an active Summer 2026 company that buys directly from Chinese factories and sells delivered, duty-paid goods to US importers. Its model includes identifying manufacturers from product photos or customs records, providing quotes within 72 hours, and conducting factory-floor inspections.

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Business Model

Donkey earns a trading margin embedded in a single delivered, duty-paid price for goods it sources, takes title to, inspects, imports, and delivers to U.S. buyers. It states that it charges no separate fees, retainers, or percentage surcharges; qualified customers may also receive net-45 credit terms.

Products

Factory identification from product photos, labels, and customs recordsFactory-direct China sourcing and procurementLanded-cost benchmarking and 72-hour DDP quotesFloor inspection and quality-control services before supplier paymentImporter-of-record services, customs clearance, duty-paid delivery, and live shipment trackingU.S.-based purchasing, USD settlement, and credit-insured net terms for qualified buyers

Tech Stack

AI-native trade-operations softwarePublic customs-filing ingestion and parsingFactory/entity-resolution and supplier-lane dataPricing and reliability data systemsLive shipment tracking and inspection-photo workflows

Competitors

Sourcify
Importivity
JingSourcing
Dragon Sourcing
Alibaba