nabs $11M in quest to create frictionless supply chain

The last several years have proven how resilient the supply chain is, but also how fragile. The supply chain, as the global economy has learned, is only as good as the information contained within it, and the ability to share that information across platforms, partners and customers. was founded to alleviate that complexity. On Wednesday, the company announced an $11 million series A funding round to continue achieving that goal. The round was led by Fontinalis Partners and High Alpha, with participation from Mercury, Grand Ventures, Eve Atlas and Waybury Capital. (Fontinalis is also an investor in FreightWaves.)

Total funding in the company is now $16 million across two funding rounds. The last round was a $5 million round in April 2021, led by Grand Ventures and Mercury Fund.

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written on June 16, 2022

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