On a year-over-year basis, deal activity to supply chain & logistics software has increased 50% behind Q1 2014's spike in financing deals.
The global supply chain is getting a digital makeover. From air transport processing to yard management, a throng of startups providing software tools and solutions aimed at the supply chain & logistics market have cropped up – backed by a diverse group of venture and strategic investors.
Over the last four quarters, investors poured nearly $359M into 63 deals in the logistics & supply chain software industry. On a year-over-year basis, deal activity has increased 50% behind Q1 2014’s spike in financings including to same-day delivery service Deliv, cloud-based delivery analytics startup Scurri and Elementum, a Lightspeed Venture Partners-backed spin-out of supply chain solutions giant Flextronics.
The huge jump in Q4 2013 funding is attributed to a $93M growth round to mobile fleet management software company Telogis led by Kleiner Perkins Caufield & Byers.
Early-stage dominates supply chain deals
The application of software solutions in the global supply chain is still a nascent market based on the stage of investments currently happening. Of note, seed and Series A deals have taken 58% of all financings in the supply chain & logistics space since the start of 2012. Mid-stage activity at the Series B and Series C stage has captured just over 17% of deals over the period including companies such as Nexus Venture Partners-backed SSN Logistics and e.ventures-backed Shutl which was subsequently acquired by eBay last October.
Software is eating all areas of supply chain & logistics
As the global supply chain continues to become more complicated, the variety of investor-backed tech startups also continues to grow. To illustrate the diversity of tech companies tackling different issues in supply chain & logistics, a cross-section of companies that have received early-stage funding in the last year are highlighted below.
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