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Creaegis led a $30m Series B round in Kale Logistics Solutions.

Synopsis

Creaegis, a digital and tech focused private equity fund, led a $30m Series B round in Kale Logistics Solutions, a vertical SaaS logistics platform provider. “The global logistics industry is undergoing a rapid digital disruption with a need for intelligent automation and end-to-end visibility through all nodes. This transformation is led by smart and centralized technology platforms. Kale, with its category defining Cargo Community Platforms and suite of SaaS solutions, is leading this disruption by digitizing and automating end-to-end cargo operations in airports and seaports. We are excited to support the company in their next phase of global growth and planned expansion in North America and Europe,” Prakash Parthasarathy, Creaegis Managing Partner and CEO.

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