project44
Canvas Category Software : Supply Chain : Logistics
Finally, real-time supply chain visibility that goes beyond shipment tracking to provide reliable insights that save your team time and money. We’re innovators with ambition, fixing the tech issues that plague the global supply chain. Born in Chicago, the logistics capital of the world and one of the fastest-growing tech hubs, project44 now has team members across the U.S. and around the globe. Together, we’ve created the world’s leading Advanced Visibility Platform™ for shippers and logistics service providers.
Assembly Line
ThroughPut Inc. Announces Partnership with project44 to Unleash AI-Powered Supply Chain Capacity and Profitability
ThroughPut Inc., the industrial AI supply chain pioneer, today announced that it has entered into a technology partnership with project44, the global leader in supply chain visibility, to unlock supply chain profitability amid disruptions and global port congestion.
The partnership will empower mutual customers to not only plan logistics fulfillment effectively and efficiently, but also to forecast demand accurately with AI-powered insights and recommendations for rapid supply chain revenue rationalization. The joint solution will enable businesses to quickly leverage project44 platform’s purchase order and sales data to sense and predict demand at a local level, audit material flow to drive efficiencies and achieve On-Time, In-Full (OTIF) deliveries at a supplier and product level.
project44 Raises $80 Million Valuing Company at $2.7 Billion, Up 12% from January Despite Widespread Downturn in B2B SaaS Valuations
project44, the leading supply chain visibility platform, announced today that it raised an $80M funding round led by Generation Investment Management, the sustainable investment management firm, and A.P. Moller Holding, a privately held investment company, based in Denmark. CMA CGM, a global player in sea, land, air and logistics solutions, joined the round along with previous investors Goldman Sachs Asset Management (“Goldman Sachs”), TPG, Emergence Capital, Chicago Ventures, Sapphire, 8VC, Sozo Ventures and Omidyar Technology Ventures.
project44 Acquires ClearMetal
project44 announced that it will acquire San Francisco-based ClearMetal, a market leader in international supply chain visibility and predictive analytics for enterprises. ClearMetal’s patented artificial intelligence (AI) enables organizations to optimize their supply chains and provides customers with easy access to trusted, live information about their orders and shipments. project44’s acquisition of ClearMetal is the latest growth milestone preceded by building on tremendous 135% YoY growth, crossing the $50M ARR mark, and being named a Leader in the latest Gartner Magic Quadrant,. This acquisition places project44 on the cutting edge of logistics AI, enabling customers to improve agility, and resiliency across their global and multi-modal supply chains.