January 26, 2025 - 05:56
Tive, a prominent player in supply chain and logistics visibility technology, has successfully raised $40 million in its latest funding round. This Series C investment aims to bolster the company's efforts in providing real-time shipment tracking and monitoring solutions, a critical need in today's fast-paced logistics environment.
The funding round was spearheaded by WiL (World Innovation Lab) and Sageview Capital, with notable contributions from several other investors, including AVP, RRE Ventures, Two Sigma Ventures, Qualcomm Ventures, Fifth Wall, Supply Chain Ventures, and Sorenson Capital. This substantial investment underscores the growing demand for advanced technologies that enhance visibility and efficiency within supply chains.
As Tive continues to innovate and expand its offerings, the company is poised to play a pivotal role in transforming how businesses manage their logistics operations. With this new capital, Tive is set to enhance its product capabilities and further establish itself as a leader in supply chain visibility.
