Orderful, a San Francisco, CA-based SaaS platform connecting supply chain through electronic data interchange (EDI), secured a $10m Series A funding.
The round was led by Andreessen Horowitz. In conjunction withe the funding, David Ulevitch, general partner at Andreessen Horowitz, will join Orderful’s board.
The company will use the funds to continue to expand operations and its business reach.
Founded in 2016 by Erik Kiser, CEO, Orderful enables buyers and suppliers to trade supply chain data. Its API platform enables organizations to trade supply chain data in real-time, consolidate complexity and reduce costs. The platform acts as the hub of a global network of buyers and sellers, with over 1,000 retailers, 10,000 vendors and 5,000 carriers.
FinSMEs
25/06/2019