SupplyHive offers a Supplier Performance Management Technology platform that centralizes, standardizes, scales and automates supplier performance processes for corporations. The software leverages AI, machine learning and natural language processing to analyze aggregated quantitative and qualitative data. Its interface measures KPIs, analyzes trends, identifies disparities, automates action plans and provides predictive analytics to help organizations hold suppliers accountable and enhance partnerships. The company was launched in Chicago in 2018 by Mike Anguiano and is led by CEO and President Lou Sandoval. In 2020 SupplyHive counted clients including Facebook, MARS Global, McDonald’s Corporation, Abbott, BOX, Eaton and First Energy. The company plans to use new funding to expand sales and marketing and to further product development and integrations.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2021