Chain.io Closes $11M Series A Financing to Deliver Better Data Integration and Visibility Across the Global Supply Chain

Chain.io, a supply-chain-specific, cloud-based integration platform, has completed an $11 million Series A round. The round was co-led by Fontinalis Partners and High Alpha, with participation from Mercury, Grand Ventures, Eve Atlas and Waybury Capital. The financing will allow Chain.io to further expand its network of native integrations to the industry’s leading supply chain technology platforms.

Companies throughout the global supply chain use a variety of different technologies that need to connect and speak the same language to do business. Chain.io’s platform handles these back-end integrations so its customers–including 10 of the 15 world’s largest freight forwarders–can better focus on their core processes. Chain.io’s pre-built adaptors help shippers and freight companies plug their legacy systems into modern API-based SaaS tools to better manage freight visibility, pricing, and compliance risk, saving them millions of dollars in operating costs every year.

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written on June 16, 2022

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