Chain.io, a Philadelphia, PA-based 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.
Company: Chain.io, Inc
Raised: $11.0M
Round: Series A
Funding Month: June 2022
Lead Investors: Fontinalis Partners and High Alpha
Additional Investors: Mercury, Grand Ventures, Eve Atlas, and Waybury Capital.
Company Website: https://chain.io/
Software Category: Cloud-based Integration Platform
About the Company: Led by Brian Glick, Founder, and CEO, Chain.io is a cloud-based integration platform that connects partners across the global supply chain. Chain.io helps anyone involved in buying or moving products around the world work with supply chain vendors, customers, and software platforms more efficiently. With logistics expertise built into the heart of its software, Chain.io plugs into any ecosystem seamlessly and makes sure the right data is going to the right people at the right time. Customers leverage Chain.io’s network to optimize critical business processes. Chain.io shines when solving complex supply chain challenges and problems that require integrating multiple types of technologies.
Source: https://www.globenewswire.com/news-release/2022/06/15/2463045/0/en/Chain-io-Closes-11M-Series-A-Financing-to-Deliver-Better-Data-Integration-and-Visibility-Across-the-Global-Supply-Chain.html