# Expedi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/expedi

- Industry: Oil & Gas
- Headquarters: Houston, US
- Website: www.goexpedi.com
- Total disclosed funding: $60M
- Latest round: Series C (Sep 11, 2020)
- Investors on record: 7

## About

Expedi, Inc. is a US-based company specializing in digital supply chain solutions and data analytics for heavy industries, enhancing procurement efficiency and operational productivity.Founded in 2017 in Houston, US, Expedi, Inc. provides digital supply chain solutions tailored for heavy industries. The company has raised a total of USD 33.00 mn through various funding rounds, with the most recent round occurring on September 9, 2022, involving investors like Cortes Capital and Tiger Global Management. The firm is led by CEO Jonathan Hamilton and was co-founded by Jonathon Howey and Lawrence Neal.GoExpedi specializes in providing end-to-end digital supply chain and data analytics solutions specifically tailored for heavy industries such as energy, construction, mining, and maritime. Their core offerings include an advanced ordering platform that allows clients to easily find and procure pre-approved items, thus eliminating the need for spreadsheets and enhancing operational efficiency. The company's innovative product configurators, such as the Valve Configurator and Mud Pump Configurator, facilitate the accurate configuration and ordering of complex industrial products through real-time, 3-D visual validation tools. This technology minimizes errors and accelerates the ordering process, transforming it from days into mere minutes. GoExpedi serves a diverse clientele, including major players in the oil and gas sector, top U.S. land drilling companies, and leading automakers, with its products being utilized in various geographical markets across North America, Europe, and Asia.GoExpedi generates revenue through a combination of transactional sales and subscription-based services, targeting businesses in need of streamlined supply chain solutions. Clients typically engage with the company through direct procurement, where they utilize the ordering platform to access a wide range of products, including complex industrial equipment and MRO supplies, all supported by real-time analytics. The company’s flagship offerings, such as the digital product configurators, enhance customer interactions by enabling precise product selections that meet specific operational requirements. The revenue model is structured around B2B transactions, with clients benefiting from optimized supply chain management and significant visibility into their operational expenditures. This transactional approach underscores the importance of GoExpedi’s solutions in driving profitability and operational efficiency for its customers.In September 2022, Expedi, Inc. raised USD 33.00 mn in venture funding, which will be utilized to further develop its platform and facilitate entry into new industry sectors. The company plans to design and launch new products, focusing on enhancing their digital supply chain solutions. Additionally, they are targeting expansion into new markets, particularly in Europe and Asia, within the next two years.

## Funding rounds

- Series C, Sep 11, 2020, $25M — Crosslink Capital, Top Tier Capital Partners, CSL Capital Management, Bowery Capital, Hack VC
- Series B, Nov 20, 2019, $25M — Crosslink Capital, Top Tier Capital Partners, CSL Capital Management, Bowery Capital, Blue Bear Capital, SaaS Ventures, Hack VC
- Series A, Jan 25, 2019, $8M — Crosslink Capital, Bowery Capital, Blue Bear Capital, SaaS Ventures, Hack VC
- Seed, Aug 14, 2018, $2.3M — Bowery Capital, Blue Bear Capital, SaaS Ventures

## Investors

- Bowery Capital (https://capitalatlas.ai/funds/bowery-capital) — Seed, Series A, Series B, Series C
- Blue Bear Capital (https://capitalatlas.ai/funds/blue-bear-capital) — Seed, Series A, Series B
- SaaS Ventures (https://capitalatlas.ai/funds/saas-ventures) — Seed, Series A, Series B
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A, Series B, Series C
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Series A, Series B, Series C
- Top Tier Capital Partners (https://capitalatlas.ai/funds/top-tier-capital-partners) — Series B, Series C
- CSL Capital Management (https://capitalatlas.ai/funds/csl-capital-management) — Series B, Series C