Tive, a Boston, MA-based provide chain and logistics visibility expertise firm, raised $40M in Collection C funding.
The spherical was led by WiL (World Innovation Lab) and Sageview Capital, with participation from AVP, RRE Ventures, Two Sigma Ventures, Qualcomm Ventures, Fifth Wall, Provide Chain Ventures, and Sorenson Capital.
The corporate intends to make use of the funds to speed up development and improve its management in provide chain and logistics visibility expertise.
Led by CEO and Founder Krenar Komoni, Tive focuses on provide chain and logistics visibility expertise. Its cloud platform, patented sensor expertise, and 24/7 Dwell Monitoring companies scale back excursions and delays, decrease rejected masses, and reduce theft, injury, and spoilage. Its Inexperienced Program reduces digital waste by renewing and recirculating trackers and increasing their life.
Greater than 900 world shippers, logistics service suppliers, and retailers use it to watch cargo location and situation in actual time, achieve actionable insights, and guarantee end-customer satisfaction.
FinSMEs
24/01/2025
