Waybridge Raises $30Mm To Make Physical Commodities Supply Chains More Efficient And Resilient
05/17/21, 1:11 PM
Waybridge, the supply chain platform for raw materials, today announced it raised $30 million in Series B funding co-led by Rucker Park Capital and Craft Ventures, with participation from Venrock. Waybridge solves fundamental inefficiencies in the supply chain, enabling clients to buy and sell commodities with less friction, have real-time visibility into their inventory, track shipments, and save time and money by turning many offline manual processes into automated digital processes. The new funding brings the company’s total funds raised to $40M.
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Waybridge (formerly CMDTY) creates tools that connect and optimize the entire global raw materials supply chain. Companies use Waybridge to buy, sell, transport and finance without the friction. Waybridge blends the expertise and vision of founders Brian O'Kelley, Andrea Aranguren, Scott Evans and Andrew Sweeney to create an innovative platform that makes the exchange of raw materials smarter, faster and better. Learn more at Waybridge.com.