Announced
Completed
Synopsis
Insight Partners, a venture capital firm, led a $100m Series D funding round in project44, a provider of supply chain visibility for shippers and logistics service providers. Additional investors include 8VC, Emergence Capital, Omidyar Technology Ventures, Sapphire Ventures, Sozo Ventures, and Underscore VC. “With project44’s best-in-class solution, we are the natural choice for organizations that need to adapt to today’s unprecedented logistical challenges. That’s why we’ve seen the biggest increase in new customers, and the highest net revenue retention at 118%, among competitors in the supply chain visibility space. Now, with this Series D funding and closer relationships with our investor partners, we will only accelerate innovation to transform the global supply chain, helping organizations prepare for a new normal," Jett McCandless, project44 CEO and Founder.
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