# Sustainment Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sustainment-technologies

- Industry: Software
- Headquarters: Duncan, US
- Website: www.sustainment.tech
- Total disclosed funding: $13M
- Latest round: Series A (Aug 12, 2022)
- Investors on record: 4

## About

Sustainment Technologies, Inc. delivers innovative supplier management software solutions designed for manufacturers, focusing on enhancing procurement processes and improving operational efficiencies in various sectors.Founded in 2020 by Bret Boyd in Duncan, US, Sustainment Technologies specializes in supplier management software for manufacturers. The company has engaged in 3 deals, with its most recent funding round being a Series A in August 2022, raising USD 10.80 mn from investors including Alumni Ventures Group, Blackhorn Ventures, Unless, and Victorum Capital. The total amount raised to date is USD 10.80 mn, with a current company valuation of USD 45.109 mn.Sustainment Technologies Inc. specializes in supplier management software tailored for manufacturers, specifically designed to streamline supplier data, sourcing, and procurement processes. Their core product, Sustainment SRM, provides a secure, centralized platform that integrates various functionalities such as strategic sourcing, RFQs and bid management, purchase order and project management, supplier analytics, compliance audits, and system integrations. The platform empowers manufacturing organizations, including Original Equipment Manufacturers (OEMs), contract manufacturers, and defense support organizations, by enhancing their operational agility, growth, resilience, and scalability. Sustainment's software targets U.S. manufacturers across a wide array of industries, including federal and defense manufacturing sectors, enabling them to manage their supplier relationships effectively and drive operational efficiencies.Sustainment Technologies operates primarily on a subscription-based revenue model, allowing manufacturing clients to access their suite of software tools and services. Transactions typically involve annual or multi-year contracts that provide ongoing access to the Sustainment SRM platform, with potential additional fees for customized solutions or integrations. This structure facilitates long-term partnerships with a diverse client base, including OEMs and defense contractors, who rely on Sustainment's technology to optimize their sourcing and procurement efforts. Specific pricing plans are structured to deliver value for clients, ensuring they achieve significant operational improvements and efficiencies through the use of the platform.In August 2022, Sustainment Technologies, Inc. raised USD 10.80 mn in Series A funding to accelerate growth in Texas. The company plans to develop new products to enhance its software offerings and expand into new geographic markets. This funding will support product development and regional expansion efforts.

## Funding rounds

- Series A, Aug 12, 2022, $11M — Alumni Ventures Group, Blackhorn Ventures, Victorum Capital, Unless
- Seed, Dec 22, 2021 — Alumni Ventures Group
- Seed, Oct 21, 2020, $2.2M — Alumni Ventures Group, Blackhorn Ventures

## Investors

- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed, Series A
- Blackhorn Ventures (https://capitalatlas.ai/funds/blackhorn-ventures) — Seed, Series A
- Victorum Capital (https://capitalatlas.ai/funds/victorum-capital) — Series A
- Unless (https://capitalatlas.ai/funds/unless) — Series A