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Fourkites Announces $10M Strategic Investment From Mitsui & Co. To Transform Supply Chains In Asia-Pacific

Sep 27, 2022almost 3 years ago

Amount Raised

$10 Million

ChicagoInformation Technology

Description

Leading supply chain visibility company FourKites today announces a $10M investment from Mitsui & Co., Ltd. to expand FourKites’ offerings across the APAC region. This investment encompasses the first phase in an ongoing strategic relationship between FourKites and Mitsui, which the two companies intend to formalise by the end of the year.

Company Information

Company

FourKites, Inc.

Location

300 S Riverside Plaza

Chicago, Illinois, United States

About

FourKites is the world's leading supply chain intelligence platform, delivering real-time visibility and execution for 1200+ companies and third-party logistics firms across 200 countries. Using a patented artificial intelligence to calculate shipment arrival times, FourKites enables customers to lower operating costs, improve on-time performance, and strengthen end-customer relationships. Tracking over 3 million shipments each day, FourKites covers all modes, nodes and signals to extend visibility beyond transportation into yards, warehouses, stores and more. The platform provides a single view of your entire supply chain and is optimized for mobile, equipped with market-leading end-to-end security. To learn more, visit www.fourkites.com.

Funding Insights

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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