Silq surfaces structured, validated data from on-site employees to give brands visibility into apparel, footwear, home goods and accessory manufacturing. The company places its own merchandisers and quality inspectors on factory floors across five countries and maintains a production calendar for customers. Its platform enables customers to predict outcomes up to 45 days in advance and make freight bookings based on that data. Silq was in beta for half of 2021 and generated $10 million in gross merchandise value from the five countries where it operates. The company is currently focused on soft goods and plans to expand into broader consumer goods in 2022 while growing presence in Asia and Latin America. Management plans to use new funding to expand its factory-partner footprint, scale its on-site teams across Asia and invest in technology development.

Total raised

$18M

Funding rounds

1

Latest round

Series A

Latest activity

Mar 2022