SupplyPike
5111 W JB Hunt Drive, Suite 500, Rogers, Arkansas, 72758, United States
Overview
SupplyPike builds supply-chain SaaS that finds retailer rules, documents them, converts those rules into software and applies machine learning to contextualize data at the time of shipment. The product aims to reduce compliance fines, deductions and lost sales by ensuring products are in the right location, time and quantity, and the company says it can streamline existing processes by up to 80%. Over the past two years SupplyPike grew from no customers and no revenue to nearly 400 customers and roughly 2x average annual revenue growth. The company powers about $25 billion in retail sales and manages over $500 million in retail inefficiencies while working with brands including Hanes, Johnson & Johnson, Exploding Kittens and Lola. SupplyPike plans to use new capital to develop algorithms that detect and autonomously fix expensive supply-chain issues and to scale go-to-market, and to add more than 60 jobs across engineering, product, sales, design, marketing and customer success. The company is four years old and has $40 million in total funding to date.
- Total raised
- $25M
- Funding rounds
- 1
- Latest round
- Series B
- Latest activity
- Jul 2022
Industries
- Analytics
- Artificial Intelligence (AI)
- Machine Learning
- Retail Technology
- Supply Chain Management
Recent funding
Series B
Jul 2022
$25M