About SupplyShift
SupplyShift is a Technology company based in Santa Cruz (United States) founded in 2012, and was acquired by Sphera Solutions in January 2024. Cloud-based platform for managing supply chain sustainability is offered. SupplyShift has raised $23.12 million across 5 funding rounds from investors including HSBC, Sphera Solutions and Buoyant Ventures. The company has 40 employees. SupplyShift offers products and services including SpheraCloud, Supply Chain Sustainability, and Product Stewardship Software. Its focus areas include Enterprise Applications, SCM Software, Visibility & Compliance and Sustainability & Compliance. Its competitors include Source Intelligence and BanQu; 2 of its 2 listed competitors have raised funding.
Company details
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.
- Headquarters Santa Cruz, United States
- Employees 40
- Stage Acquired
- SectorsTechnology
- Phone•••• ••••
- Website supplyshift.net
- Social LinkedIn X
- Acquired by Sphera Solutions (Jan 2024)
- Total Equity Funding$23.12M (USD)
in 5 rounds
- Latest Funding Round$10M (USD), Series B
Dec 2021
- InvestorsHSBC
& 10 more
- Employee Count40
- Acquired bySphera Solutions
(Jan 2024)
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
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.
- Total Funding $23.12M
- Total Rounds 5
- Last Round Series B — $10M
- Investors Count 10
All 5 funding rounds of SupplyShift with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $10M | Series B | – | Buoyant Ventures | |
| Jul 2020 | $5.12M | Series A | – | – | – |
| Nov 2018 | Series A | – | TENFORE | ||
| Sep 2018 | $8M | Series A | – | – | – |
| Jun 2017 | Seed | – | – |
11 investors in total: 11 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Buoyant Ventures is focused on investing in digital climate solutions. | buoyant.vc | Chicago, United States | ||
Venture capital is provided to economic, sustainability, and health sectors. | theimpactengine.com | Chicago, United States | ||
Early-stage investments are provided in B2B data-driven platforms. | valuestreamventures.com | |||
AiiM Partners is focused on investing in growth-stage technology companies. | aiimpartners.com | Palo Alto, United States | ||
Angel and early-stage investments in US tech startups are conducted. | supplychainventure.com | Boston, United States | ||
| workingcapitalfund.com | ||||
Tech and offline focused VC firm investing in geographies such as the US | blackhornvc.com | Boulder, United States | ||
Early stage VC firm investing in tech companies in the US | bowerycap.com | New York, United States | ||
Universal banking and financial advisory services are provided globally. | 1865 | hsbc.com | London, United Kingdom | |
TENFORE is engaged in providing financial transaction services in Serbia. | 2001 | tenfore.rs | Serbia |
Investor details for SupplyShift
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of SupplyShift
307 people are tracked at SupplyShift (96 in leadership, 211 in team); the tracked headcount is 40.
| Name | Role | Group |
|---|---|---|
James Barsimantov | Co-founder & COO | Leadership |
Trevor Bronson | Vice President Of Product Strategy | Leadership |
David Schur | Chief Technology Officer | Leadership |
Jim Pieper | Chief Financial Officer | Leadership |
Kimberly Kolb | Chief Human Resources Officer | Leadership |
Lisa Agona | Chief Marketing Officer | Leadership |
Mark Stach | Chief Services Officer | Leadership |
Naved Siddique | Chief Product Officer | Leadership |
Brian Laird | Vice President, Engineering | Leadership |
Leela Pradeep Kumar Pajarla | Director Engineering | Leadership |
Nasser Amer | Vice President Of Engineering | Leadership |
Albion H. | Head Architect - Engineering Lead | Leadership |
Markus Graef | Finance Director EMEA | Leadership |
Prabakaran R | Director - Saas Operations | Leadership |
Mobashir Ahmed | Director Technology Services | Leadership |
Dustin Levitt | Vice President, Finance | Leadership |
Brittany Keller | Director, Global Talent Acquisition | Leadership |
Liz Croughan | Sr Director, HR EMEA | Leadership |
Megan Geldman | Vice President, Marketing | Leadership |
Nicholas Price | Vp, Global Total Rewards & HR Operations | Leadership |
287 more people are available in the full profile.
Complete people profiles for SupplyShift
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of SupplyShift
4 dated milestones of SupplyShift across 12 years, from founding to its latest funding, stage changes and deals.
- Founded SupplyShift is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $10.0M.
- Exit Acquired by Sphera Solutions.
Competitors of SupplyShift
SupplyShift has 2 listed competitors in our database, 2 of them funded. They include Source Intelligence and BanQu.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sourceintelligence.com | 2008 | San Diego, United States | $17.5M | Compliance and ESG management software is provided for supply chains. | ||
| banqu.co | 2015 | Austin, United States | $11.23M | 11 | Blockchain-based SCM software enables secure refugee profiles. |
Detailed competitors of SupplyShift
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of SupplyShift
Websites that share an audience with SupplyShift (supplyshift.net).
Websites whose visitors overlap most with SupplyShift. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sphera.com | 100% | 141.4K | #271,037 | View details | |
news.ycombinator.com | news.ycombinator.com | 93% | #4,699 | – | |
| twitter.com | 73% | View details |
Top companies in Procurement & Supply Chain IT
3 companies that operate in the same segment as SupplyShift (Procurement & Supply Chain IT) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based end-to-end spend management software is delivered for businesses. | 2006 | San Mateo, California, United States | USD 169 M | USD 39.68 M | 3,711 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | USD 3.59 B | 12,100 | ||
Zebra Technologies is recognized for providing intelligent operation solutions globally. | 1969 | Lincolnshire, Illinois, United States | USD 5.43 B | 9,900 |
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Related news about 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.
SupplyShift has 40 employees.
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's top competitors include Source Intelligence and BanQu.
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.
Yes. SupplyShift was acquired by Sphera Solutions in January 2024.