# Chain.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chain-io

- Industry: Software
- Headquarters: Philadelphia, US
- Website: www.chain.io
- Total disclosed funding: $16M
- Latest round: Series A (May 16, 2022)
- Investors on record: 9

## About

Based in the US and founded in 2017, Chain.io specializes in innovative supply chain integration solutions to enhance logistics operations and streamline data management across various systems.Chain.io, Inc. is a supply chain integration company headquartered in Philadelphia, US. Founded in 2017 by Brian Glick, who has a background in logistics technology, the company has focused on creating a platform that connects diverse systems for enhanced data management. The company has raised a total of USD 11.15 mn through a Series A funding round on May 16, 2022, co-led by Fontinalis Partners and High Alpha Capital, with participation from EVE Atlas, Waybury Capital, Grand Ventures, and Mercury.Chain.io specializes in supply chain integration solutions designed to streamline logistics operations. Their platform connects various systems, allowing users to manage supply chain data efficiently, whether utilizing legacy or modern AI technologies. Key features include freight execution and insight plugins that enhance communication among shippers, forwarders, agents, and carriers. The company serves clients in North America, Europe, and Asia, aiming to improve operational transparency and compliance with industry standards.Chain.io’s revenue model is based on subscription services and partnership agreements, primarily for logistics professionals. Clients subscribe to their integration platform, enabling rapid deployment of pre-built connectors for leading logistics software. The transaction structure focuses on B2B interactions, allowing logistics service providers to enhance efficiency and reduce workloads, with tailored pricing plans reflecting the company's commitment to delivering value through integration solutions.Following their most recent funding round in May 2022, Chain.io plans to expand its network of native integrations within its industry supply chain technology platform. This funding of USD 11 mn will support product development and facilitate entry into new markets, focusing on broadening their geographical reach across logistics sectors globally. The company aims to enhance its platform's capabilities by implementing new features and improving service delivery to meet evolving customer needs.

## Funding rounds

- Series A, May 16, 2022, $11M — Mercury, Fontinalis Partners, High Alpha, Grand Ventures, Waybury Capital, EVE Atlas
- Seed, Apr 16, 2021, $5M — Mercury, Grand Ventures, Honeywell Ventures, Engage Ventures
- Seed, Apr 2, 2021 — Tech Square Ventures

## Investors

- Tech Square Ventures (https://capitalatlas.ai/funds/tech-square-ventures) — Seed
- Mercury (https://capitalatlas.ai/funds/mercury) — Seed, Series A
- Grand Ventures — Seed, Series A
- Honeywell Ventures (https://capitalatlas.ai/funds/honeywell-ventures) — Seed
- Engage Ventures (https://capitalatlas.ai/funds/engage-ventures) — Seed
- Fontinalis Partners (https://capitalatlas.ai/funds/fontinalis-partners) — Series A
- High Alpha (https://capitalatlas.ai/funds/high-alpha) — Series A
- Waybury Capital (https://capitalatlas.ai/funds/waybury-capital) — Series A
- EVE Atlas (https://capitalatlas.ai/funds/eve-atlas) — Series A