# Knnected

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

- Industry: Software
- Headquarters: Chicago, US
- Website: www.supplyhive.com
- Total disclosed funding: $4M
- Latest round: Seed (Oct 14, 2021)
- Investors on record: 6

## About

Knnected Inc. is a technology firm specializing in Supplier Management Software that empowers organizations to optimize supplier performance through advanced data analytics and comprehensive feedback mechanisms.Founded in 2017 in Chicago, US, Knnected Inc. focuses on enhancing supplier management processes. The company has successfully completed four deals, with its most recent funding round being a Seed round where it raised USD 2.000 mn on October 14, 2021, from investors including Angeles Investors, Service Provider Capital, and Sixty8 Capital. The CEO is Vishy Visweswaran, while Mike Anguiano serves as the Founder.Knnected Inc. offers a Supplier Management Software System aimed at improving supplier performance management through technology. Their platform facilitates the selection of strategic suppliers, collection of key performance indicators (KPIs), and circulation of performance summaries, thus enabling organizations to maintain full visibility over supplier interactions. The software is particularly beneficial for sectors such as manufacturing, retail, and logistics, focusing on optimizing supplier relationships and operational efficiency across North America and Europe.Knnected Inc. operates on a subscription-based model, providing its software as a service (SaaS) to businesses engaged in supplier management processes. Clients can choose from annual or monthly subscription agreements that grant access to various features, including AI-driven insights and analytics. The pricing structure is adjustable to meet the needs of small, medium, and large enterprises, with key revenue-generating offerings such as supplier scorecards and performance metrics supporting ongoing business investments.Following its recent Seed funding of USD 2.000 mn on October 14, 2021, Knnected Inc. plans to utilize the capital to expand its operational reach and enhance its offerings. The company aims to introduce new products within the next year and is targeting expansions into new geographic markets, particularly in Europe and Asia, to broaden its user base. The funding will support these initiatives by enabling the development of advanced features and expanding marketing efforts.

## Funding rounds

- Seed, Oct 14, 2021, $2M — Service Provider Capital, Angeles Investors, Sixty8 Capital
- Seed, Feb 27, 2021, $2M — Revolution Ventures, LOUD Capital, Cleveland Avenue

## Investors

- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed
- LOUD Capital (https://capitalatlas.ai/funds/loud-capital) — Seed
- Cleveland Avenue (https://capitalatlas.ai/funds/cleveland-avenue) — Seed
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Seed
- Angeles Investors (https://capitalatlas.ai/funds/angeles-investors) — Seed
- Sixty8 Capital (https://capitalatlas.ai/funds/sixty8-capital) — Seed