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Corporation
INTERNET | Internet Software & Services / Supply Chain & Logistics
roambee.com

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Founded Year

2014

Stage

Series B - IV | Alive

Total Raised

$42M

Last Raised

$18M | 1 yr ago

Mosaic Score

+30 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Roambee

Roambee offers verifiably better supply chain visibility on demand, for on-time, in-full, in-condition delivery of shipments and assets anywhere in the world. 300+ enterprises are improving customer experience, service levels, product quality, cash cycles, business efficiencies, sustainability, and automating logistics with Roambee’s insights & foresight. The outcome is better multimodal ETAs, OTIF deliveries, 80%+ cold chain compliance, and more, including 4X+ ROI on supply chain assets by optimizing utilization and inventory levels.

Roambee Headquarter Location

3120 De La Cruz Blvd Suite 121

Santa Clara, California, 95054,

United States

408-663-6655

Latest Roambee News

08:37 ET Roambee Cited as Outperformer in Pharma Supply Chain Visibility by CB Insights

Nov 3, 2021

News provided by Share this article Share this article SANTA CLARA, Calif., Nov. 3, 2021 /PRNewswire/ -- CB Insights, a prominent independent market research organization, cited Roambee as an 'Outperformer' in its latest research report , "Pharma Supply Chain Visibility – ESP (Execution, Strength, and Positioning) Vendor Assessment Matrix," released in July 2021. The assessment was based on market strength and execution strength of supply chain visibility providers. Roambee provides verifiably better real-time visibility to global pharmaceuticals companies. Roambee - Better Supply Chain Visibility & Intelligence The report states, "The pharmaceutical industry loses nearly $35B each year due to failures in transporting and storing products." It also mentions, "The problem has received more attention due to the recently approved COVID-19 vaccines, which require consistent storage at low temperatures." The two currently available prominent supply chain visibility solutions for pharma are carrier-based data integration and passive temperature data loggers. They cannot deliver accurate visibility or timely visibility respectively, both of which pharmaceuticals companies need. Pharma supply chain visibility requires accurate location, condition, and shipment security intelligence in real-time, benchmarked against expected scenarios. Roambee's platform combines firsthand IoT sensor inputs with non-sensor data to offer real-time insights and foresights for the supply chain. It helps create a real-time digital twin of the supply chain that enables remote, timely, and fact-based orchestration by any stakeholder from anywhere in the world, belonging to a manufacturing, shipping, or buying enterprise. Sanjay Sharma, CEO, Roambee said, "The pharmaceutical industry is transitioning away from visibility solutions that offer post-shipment data audits and approximate or time-delayed location data. The industry requires real-time, accurate, and actionable data about its shipments and assets, from manufacturing to the last mile. Roambee will soon dominate the pharma supply chain visibility space with verifiably better supply chain visibility and intelligence for making prompt business decisions." Highlighting its real-time visibility prowess and ambitions, Roambee is helping one of the largest US-based Covid-19 vaccine makers monitor its shipments. Roambee recently acquired Modum, a Swiss supply chain visibility solution provider with proven pharma-grade monitoring expertise in high-volume, low-touch scenarios, such as last-mile deliveries. Roambee now offers end-to-end visibility while addressing global pharmaceutical companies' strict quality and compliance needs across primary, secondary, and last-mile delivery use cases. Roambee's robust solution brings all the visibility components for a pharmaceutical supply chain under one umbrella for a single subscription fee: purpose-built IoT sensors, a cloud-analytics platform to offer accurate predictions from the verifiable sensor and non-sensor data, centralized dashboards, and API (Application Programming Interface) to integrate or build company-specific applications. About Roambee  Roambee offers verifiably better supply chain visibility on demand for on-time, in-full, in-condition delivery of shipments and assets anywhere in the world. 300+ enterprises are improving customer experience, service levels, product quality, cash cycles, business efficiencies, sustainability, and automating logistics with Roambee's real-time insights and foresights. More than 50 of them are the top 100 global companies in the Pharmaceutical, Food, Electronics, Chemicals, Automotive, Packaging & Containers, and Logistics sectors. Roambee's innovative AI-powered platform, and end-to-end monitoring solutions, deliver curated and highly accurate supply chain signals built on item-level, firsthand IoT sensor data, and non-sensor inputs. The outcome is better multimodal ETAs, OTIF deliveries, 80%+ cold chain compliance, and more, including 4X+ ROI (Return on Investment) on supply chain assets by optimizing utilization and inventory levels. Gartner identifies Roambee as one of the nine global supply chain technology companies in "2021 Gartner Tracking and Monitoring Business Process Context: Magic Quadrant for Real-Time Transposition Visibility Platforms." To know more, visit https://www.roambee.com . Media Contact

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Roambee

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Roambee in 3 CB Insights research briefs, most recently on Nov 16, 2021.

Expert Collections containing Roambee

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Roambee is included in 10 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

3,785 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

R

Robotic Process Automation

312 items

RPA refers to the software-enabled automation of data-intensive tasks that are low-skill but highly sensitive operationally, including data entry, transaction processing, and compliance.

A

Auto & Mobility Tech

413 items

We define trucking tech broadly as companies developing technology-enabled services and products focused on the freight trucking industry, such as trucking-oriented marketplace platforms, fleet management solutions, and onboard monitoring and tracking systems.

I

Internet of Things ( IoT )

3,149 items

I

Insurtech

1,697 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

A

Artificial Intelligence

8,323 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Roambee Patents

Roambee has filed 6 patents.

The 3 most popular patent topics include:

  • Computer memory
  • Diagrams
  • Microcontrollers
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/2/2019

1/11/2022

Computer memory, Windows Server System, Diagrams, Wireless networking, Chess variants

Grant

Application Date

2/2/2019

Grant Date

1/11/2022

Title

Related Topics

Computer memory, Windows Server System, Diagrams, Wireless networking, Chess variants

Status

Grant

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