Project44 news and trends

Legacy Firms Prep for Digital Buyers Who Don’t Want to Talk to Procurement
Commercial Payments // July 18, 2023

Generational divides exist everywhere — but perhaps nowhere more than the business landscape. That’s part of why keeping up with rapidly changing technology and emergent digital strategies can prove to be a continuous challenge for many organizations, particularly companies where rising decision-makers and entrenched leaders...

Real-Time Insights Bring Clarity to Chaos of Global Logistics Sector
B2B Payments // June 21, 2023

A seismic shift in systemic capability is sweeping across the global shipping ecosystem. While it’s been more than two years since the Ever Given container ship got stuck in the Suez Canal, the logistics industry still finds itself facing event-driven logjams both large and small on a...

Supply Chain Platform project44 Raises $80M and Delays Potential IPO
B2B Payments // November 03, 2022

Supply chain visibility platform project44 has raised $80 million in a funding round and said it would use the new capital to work toward several key initiatives without needing to raise additional capital.  The initiatives aided by the new capital include measuring and mitigating supply...

Supply Chain Visibility Platform project44 Nets $420M
Investments // January 12, 2022

Supply chain visibility platform project44 has received a $420 million investment, the company announced Tuesday (Jan. 11). Per the release, when combined with a past $202 million equity raise, the company has set a new funding record for Logistics Tech enterprise Software-as-a-Service (SaaS) companies. This...

Quick Reads
Supply Chain Tech Startups Seek Alternatives as VC Funding Slows

November 02, 2023
Supply chain technology startups are reportedly facing a challenging environment as venture capital (VC) firms reduce funding for these companies. The decline in investor support, coupled with a weakening freight market, has forced some startups to cut costs, lay off staff and explore alternative survival strategies, The Wall Street Journal (WSJ) reported Thursday (Nov. 2). One […]

Supply Chain Platform project44 Raises $80M and Delays Potential IPO

November 03, 2022
Supply chain visibility platform project44 has raised $80 million in a funding round and said it would use the new capital to work toward several key initiatives without needing to...

Supply Chain Visibility Platform project44 Nets $420M

January 12, 2022
Supply chain visibility platform project44 has received a $420 million investment, the company announced Tuesday (Jan. 11). Per the release, when combined with a past $202 million equity raise, the...

project44 Acquires Delivery Management Platform Convey for $255M

September 21, 2021
Supply chain platform project44, which offers technology to help shippers and logistics service providers see where their shipments are, on Tuesday (Sept. 21) announced that it has bought delivery experience...