Interos, the supply chain risk management, and operational resilience technology company, has announced Series C financing of $100 Million led by NightDragon. Current investors, including Kleiner Perkins and Venrock, are also participating. This financing brings Interos’ valuation to over $1 Billion and establishes the company as a unicorn.
The new funding will help Interos accelerate its business at a time when supply chain vulnerabilities are front and center for companies around the world, following major supply chain shortages due to the pandemic and cyberattacks on organizations like Solar Winds, Kaseya, and Colonial Pipeline that put the company operations at risk.
Company: Interos Inc
Raised: $100.0M
Round: Series C
Funding Month: July 2021
Lead Investors: NightDragon
Additional Investors: Kleiner Perkins and Venrock
Company Website: http://www.interos.ai
Software Category: AI and SaaS-delivered supply chain risk management (SCRM)
About the Company: Interos is the operational resilience company reinventing how companies manage their supply chains and business relationships through our breakthrough SaaS platform that uses artificial intelligence to model and transform the ecosystems of complex businesses into a living global map, down to any single supplier, anywhere. Reducing months of backward-looking manual spreadsheet inputs to instant visualizations and continuous monitoring, the Interos Operational Resilience Cloud helps organizations reduce risk, avoid disruptions, and achieve superior enterprise adaptability. Businesses can also uncover game-changing opportunities to radically change the way they see, learn and profit from their relationships.
Source: https://www.globenewswire.com/news-release/2021/07/22/2267483/0/en/Interos-Raises-100-Million-to-Protect-Supply-Chains-from-Physical-and-Cyber-Disruption-Child-Labor-and-Other-ESG-Issues.html