Easy Metrics, a Bellevue, WA-based provider of a labor analytics platform for warehouses and manufacturers, received a $31M investment from Nexa Equity.
The company intends to use the funds to accelerate product development, expand organizational capacity, and pursue strategic acquisitions.
Led by CEO Dean Dorcas, Easy Metrics offers a cloud platform for operations and finance leaders to analyze, forecast, and manage the cost and performance of their warehouse operations. It empowers leaders to drive operational speed and efficiency, cut waste, prioritize investments, and adopt labor and automation strategies that ultimately fuel the growth of their business.
The company serves more than 50 customers and 250 warehouse facilities.
Commenting on the news, Dean Dorcas said: “Our vision is to unlock the power of workflow data for supply chain operations so customers can strategically use it to drive operational excellence and profitability. Operations leaders increasingly seek to manage labor, costs, and performance in one place. Nexa Equity is a partner that has the expertise, resources, and shared vision to achieve our long-term goals.”
FinSMEs
21/05/2024