CargoSense, a Reston, VA-based provider of a ‘Visibility OS’ platform for supply chain automation using visibility data, raised $8M in Series A funding.
The round was led by Lanza techVentures. Other investors included Merck Global Health Innovation Fund (MGHIF) along with SmoothBrain, channel partner The Pallet Alliance, and other previous private investors.
The company intends to use the funds to execute on expanding its partner ecosystem of integrated management systems, data sources, and industrial IIoT platforms available to digital agents running on the Visibility OS.
Founded in 2012 by CEO Richard Kilmer, CargoSense provides a Visibility OS for automating supply chain operations, enabling customers to get the full value of their visibility data to drive core systems and reduce the workloads of supply chain teams. It aims to simplify supply chain operations through measurement, automation, and collaboration.
Customers use the Visibility OS to get their supply chain systems – IIoT data sources, real-time transportation visibility platforms, risk analysis platforms, and the customer’s systems of record – all working as a unified stack through their customized digital agents running on the platform. This approach to integrations enables the automation of contextual analysis and execution across any supply chain function, and the operation of exception management workflows at scale.
FinSMEs
12/06/2024