About SupplyShift
SupplyShift is a company based in Santa Cruz (United States) founded in 2012 was acquired by Sphera Solutions in January 2024. SupplyShift has raised $23.12 million across 5 funding rounds from investors including HSBC, Sphera Solutions and Buoyant Ventures. The company has 40 employees as of December 31, 2022. SupplyShift offers products and services including SpheraCloud, Supply Chain Sustainability, and Product Stewardship Software. SupplyShift operates in a competitive market with competitors including EcoVadis, Assent, QIMA, Source Intelligence and Everysens, among others.
- Headquarter Santa Cruz, United States
- Employees 40 as on 31 Dec, 2022
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Sectors
Technology
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$23.12 M (USD)
in 5 rounds
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Latest Funding Round
$10 M (USD), Series B
Dec 02, 2021
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Investors
HSBC
& 10 more
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Employee Count
40
as on Dec 31, 2022
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Acquired by
Sphera Solutions
(Jan 09, 2024)
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Products & Services of SupplyShift
SupplyShift offers a comprehensive portfolio of products and services, including SpheraCloud, Supply Chain Sustainability, and Product Stewardship Software.
Platform for streamlining environmental and safety compliance
Tools for ESG risk assessment and supplier engagement
Software for managing chemical and product compliance
People of SupplyShift
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Software Development Team
75 people
Leadership Team
52 people
Product Management Team
27 people
Sales and Marketing
25 people
Senior Team
17 people
Human Resources and Administration
10 people
Strategic Team
10 people
Finance and Accounting
9 people
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Funding Insights of SupplyShift
SupplyShift has successfully raised a total of $23.12M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in SupplyShift
SupplyShift has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, Sphera Solutions and Buoyant Ventures.
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Buoyant Ventures is focused on investing in digital climate solutions.
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Venture capital is provided to economic, sustainability, and health sectors.
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Early-stage investments are provided in B2B data-driven platforms.
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Investor details for SupplyShift
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by SupplyShift
Investment portfolio details for SupplyShift
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- Portfolio identities
- Transaction dates
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Financial Statements - SupplyShift
Detailed financials for SupplyShift
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- Profit trends
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Supplyshift Comparisons
Peer comparison for SupplyShift
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Competitors of SupplyShift
SupplyShift operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EcoVadis, Assent, QIMA, Source Intelligence and Everysens, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Sustainability ratings for supply chains are provided via SaaS platform.
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Provider of web-based supply chain sustainability & compliance management solutions
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An app-based platform is provided for supplier compliance and audits.
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Compliance and ESG management software is provided for supply chains.
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Cloud-based platform for asset and cargo tracking is utilized.
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Detailed competitors of SupplyShift
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Latest news on Supplyshift
Complete news archive for SupplyShift
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Frequently Asked Questions about SupplyShift
SupplyShift was founded in 2012 and raised its 1st funding round 5 years after it was founded.
SupplyShift is headquartered in Santa Cruz, United States. It is registered at Santa Cruz, California, United States.
SupplyShift is a funded company, having raised a total of $23.12M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at SupplyShift is 40.
SupplyShift was founded in 2012 in Santa Cruz, United States, within the supply chain management sector. A cloud-based platform is provided to integrate supplier performance data, addressing risks, efficiency, and sustainability. Interactive metrics are utilized to foster supplier engagement and performance competition. Operations involve companies paying to enroll their suppliers, enabling shared value creation across the network.
SupplyShift offers SpheraCloud, Supply Chain Sustainability, and Product Stewardship Software.
SupplyShift has 11 investors. Key investors include HSBC, Sphera Solutions, Buoyant Ventures, Impact Engine, and ValueStream Ventures.