Chain.io

Overview
News
Supply Chain Tech?
Product stageSegments
Early
?
Supplier integration and collaboration
?

Chain.io offers a cloud-based integration platform that connects shippers and freight companies across the global supply chain. The company’s pre-built adaptors enable shippers and freight companies to integrate their legacy systems with modern API-based SaaS tools to provide them with visibility across their supply networks to efficiently manage freight.

Beyond mere integration, the platform automates freight operations with pre-configured plugins built to expedite the booking, moving, and delivery of freight. This includes automation focused on PO management, securing freight insurance, sending advanced shipment notices (ASN), and invoice processing as well as improving the overall efficiencies in agent, carrier, and customs operations. The platform also enables advanced insights through the aggregation of data from multiple sources into a centralized database. The platform feeds this information into internal reporting and is populated in external dashboards to provide visibility on key operational metrics and environmental impacts.

Key customers and partnerships

As of October 2023, Chain.io’s platform was used by leading brands such as Ex Works, Janel Group, John S Conner, Magnate Worldwide, OIA Global, and Jaguar Freight Services. As of June 2022, the company claimed that 10 of the 15 world’s largest freight forwarders were also using its platform.

Funding and financials

In June 2022, the company raised USD 11 million in a Series A funding round co-led by Fontinalis Partners and High Alpha. The funding was aimed at expanding the company’s network of native integrations to the industry’s supply chain technology platforms and to expand its geographical reach across North America, Europe, and Asia.

HQ location:
1650 Market Street Suite 3600 Philadelphia PA USA
Founded year:
2017
Employees:
11-50
IPO status:
Private
Total funding:
USD 18.0 mn
Last Funding:
USD 11.0 mn (Series A; Jun 2022)
Last valuation:
-
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