SupplyPike
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 14.4m | 14.4m | 8.3m | 26.2m | 28.5m |
% growth | - | - | (43 %) | 218 % | 9 % |
Date | Investors | Amount | Round |
---|---|---|---|
* | $25.0m | Series B | |
* | $119m Valuation: $119m | Acquisition | |
Total Funding | CAD34.1m |
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EditSupplyPike is a technology company that specializes in developing automated software solutions for retail suppliers. The company operates in the retail and supply chain markets, serving clients such as Walmart, Kroger, and Target. SupplyPike's core product leverages machine learning to help suppliers manage and reduce deductions, meet On-Time In-Full (OTIF) goals, and optimize cash flow. The business model is based on a subscription service, where clients pay for access to the platform and its various features. Revenue is generated through these subscription fees, which are structured to provide ongoing value to the clients by continuously improving their supply chain efficiency and financial performance. SupplyPike also offers a range of free resources, including webinars and an online knowledge base, to help suppliers stay informed about industry trends and best practices.
Keywords: automated software, retail suppliers, machine learning, deductions, OTIF goals, cash flow, subscription service, supply chain efficiency, webinars, knowledge base.