SupplyShift, a Santa Cruz, CA-based leading platform for sustainable supply chains, secured $10 million in a Series A3 funding.
The round was led by Buoyant Ventures, with participation from HSBC, Impact Engine, AiiM Partners, Working Capital, Valuestream Ventures, and Supply Chain Ventures.
The investment will support SupplyShift’s continued success in delivering solutions to some of the biggest challenges facing businesses today: climate change, sustainability, and social responsibility.
They will also expand their technology to support organizations of all sizes and will provide new solutions for private asset managers, supplier engagement, sustainability-driven supplier financing, and supplier improvement.
Company: SupplyShift Inc.
Raised: $10.0M
Round: Series A3
Funding Month: December 2021
Lead Investors: Buoyant Ventures
Additional Investors: HSBC, Impact Engine, AiiM Partners, Working Capital, Valuestream Ventures, and Supply Chain Ventures
Company Website: https://www.supplyshift.net/
Software Category: supply chain sustainability platform
About the Company: SupplyShift is an end-to-end supply chain data management, responsible sourcing, and supplier engagement platform. SupplyShift cloud-based technology helps customers from many different industries trace their supply chains and collect information from all tiers, enabling them to achieve their goals of supply chain transparency and responsibility. SupplyShift is the supply chain sustainability platform for creating more transparent, lower risk, higher-performing supply chains. Engage, assess, and collaborate with suppliers in a single platform, unifying your data to uncover insights and take action toward your supply chain sustainability goals.
Source: https://www.supplyshift.net/news/supplyshift-raises-a3-funding-round-to-accelerate-supply-chain-sustainability-innovation/