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Quincus Raises Series B Investment Led By Up.Partners And Ggv Capital At Over Us$100 Million

Sep 30, 2021•almost 4 years ago

Round Type

series b

Description

Quincus, an enterprise SaaS leader in solving global supply chain challenges, has announced today that it has successfully closed an undisclosed Series B fundraise. The Series B investment catapults the company's valuation well over US$100 million. The investment round is led by UP.Partners – a US-based electrification and mobility fund, with participation from existing investor GGV Capital, a leading global venture capital firm that manages US$9.2 billion in capital and is an investor in well-known tech and industry giants including Airbnb, Alibaba, Grab, and Slack.

Company Information

Company

Quincus

About

Quincus is an Enterprise SaaS platform that helps solve logistics problems for logistics providers, e-commerce, airlines, freight, and household brands worldwide. Using Quincus' highly configurable and modular technology, companies can automate manual tasks, maximize resources across supply chains, and build business resilience to thrive. The combination of flexibility, seamless integration, and robust data intelligence provides real-time supply chain visibility and control, helping companies save time and resources.Quincus has worked with businesses in many industries across the globe to build smarter, more efficient supply chains. Quincus is headquartered in Singapore with a global presence, including Indonesia, Malaysia, Mexico, Taiwan, Vietnam, UAE, the US, and the UK. For more information, visit www.quincus.com.