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 ai-powered supply chain management platform


slync.io raises $11 million funding for AI-powered supply chain management platform

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The "series A" round was led by Blumberg Capital, with participation from Correlation Ventures and existing investors including 235 Capital Partners. With the new funds, the San Francisco-based firm plans to support hiring and growth as the company continues to expand its user base across six continents. In contrast, the firm says its Logistics Orchestration product makes real-time data actionable, going beyond predictive visibility to achieve a new level of connectivity and responsiveness for multiple logistics partners to collaborate effectively. "Slync.io is extraordinarily well positioned with multiple customer wins from global blue chip logistics players and shippers that have traditionally built their own software systems. This indicates a tipping point in the industry where it's becoming clear to many they must move from proprietary, legacy systems to API driven modern AI-powered systems," David Blumberg, founder and managing partner of Blumberg Capital, said in a release.