Tradeverifyd, a Bozeman, MT-based AI-driven platform for global supply chain risks, has raised $8 million in a Series A funding round.
Investors
The round was led by Silicon Road VC and Bread & Butter Ventures, with participation from Acronym, Techstars, and a100x.
Founded in 2019 and based in Atlanta, Silicon Road Ventures' mission is to build a community and accelerate innovation within the commerce tech category. The firm invests in startups across the U.S., ranging from seed to Series A, driving innovation in e-commerce, retail, and CPG.
Bread & Butter Ventures is a venture capital firm based in Minneapolis, Minnesota. Founded in 2017, the firm invests in the agriculture technology, food technology, health technology, and enterprise SaaS sectors in Minnesota.
Tradeverifyd Use of Funds
The funding will help the company scale its platform and enhance support for organizations navigating changing regulations and risk management needs.
About Tradeverifyd
Tradeverifyd provides an AI-driven platform designed to automatically identify and help teams mitigate supply chain risks. Tailored for senior leaders in compliance and procurement, Tradeverifyd offers advanced tools to assess and monitor supplier reliability, compliance, and financial stability.
Funding Details
Company: Tradeverifyd
Raised: $8.0M
Round: Series A
Funding Date: January 2025
Lead Investors: Silicon Road VC, Bread & Butter Ventures
Additional Investors: Acronym, Techstars, a100x
Company Website: https://tradeverifyd.com/
Software Category: Supply Chain Risk Management
Source: https://www.prnewswire.com/news-releases/tradeverifyd-announces-series-a-round-to-transform-the-standard-for-global-supply-chain-risk-302361394.html