The notable startup funding rounds for the week ending 4/16/22 featuring funding details for Raptor Maps, NODAR, Tive, and twenty-one other rounds representing $3.01B in new funding that you need to know about.
Tive Raises $12M for its Modern Shipment Tracking and Supply Chain Logistics Solution
December 22, 2020 by
There has been an accelerated movement towards digital transformation across nearly every industry as a result of the pandemic and logistics is no different. Tive is a full-stack supply-chain solution that allows customers to track not only the location of a shipment but also its condition. This visibility allows shippers to maintain efficient supply chains and the company’s software and hardware solutions integrate seamlessly with existing infrastructure. The company’s revenue has grown 570% in 2020 alone, servicing companies in the food, electronics, consumer goods, automotive, and pharmaceutical industries. Boston TechWatch caught up with Founder and CEO Krenar Komoni to learn more about how Tive was conceived in a Worcester basement, the company’s impressive traction, latest round of funding from investors that include RRE Ventures, Two Sigma Ventures, Hyperplane Ventures, One Way Ventures, Fathom Ventures, and Sage Hill Capital.