# UnionCrate

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

- Industry: Software
- Headquarters: New York, US
- Website: www.unioncrate.com
- Total disclosed funding: $9M
- Latest round: Series A (Oct 4, 2019)
- Investors on record: 6

## About

UnionCrate, Inc. specializes in technology-driven solutions that enhance supply chain management and operational efficiency, providing essential tools for businesses in various sectors.Founded in 2016 by James Amable and Shastri Mahadeo, UnionCrate, Inc. is headquartered in New York, US. The company focuses on developing integrated solutions for supply chain optimization. In October 2019, UnionCrate, Inc. raised USD 9 mn in Series A funding, led by Gradient Ventures with participation from other notable investors. The company has completed one deal to date.Unioncrate.com offers a suite of technology-driven solutions aimed at enhancing supply chain management and operational efficiency for businesses in various sectors. Their core product offerings center around a robust platform that integrates inventory management, demand forecasting, and order fulfillment, designed to streamline processes for manufacturers, wholesalers, and retailers. This platform is engineered to address challenges such as inventory discrepancies, inefficient order processing, and unpredictable demand fluctuations. Serving a diverse clientele, including small to medium-sized businesses across North America and Europe, Unioncrate.com positions itself as a vital partner in optimizing supply chain processes. The company's solutions are tailored for industries such as consumer goods, food and beverage, and e-commerce, ensuring that they meet the specific needs of their end users effectively.Unioncrate.com generates revenue primarily through a subscription-based model, offering tiered pricing plans that provide varying levels of access to its platform's features. Clients typically enter agreements that may include monthly or annual subscriptions, with additional fees for premium features and services such as advanced analytics and personalized support. The firm's transactions are structured to foster long-term partnerships, enabling businesses to scale their operations while benefiting from continuous software updates and customer support. This pricing strategy enhances customer retention and facilitates upselling opportunities as clients grow and require more comprehensive solutions. The company’s flagship offerings operate under a consistent pricing framework, ensuring that clients can predict their costs as they utilize the platform to improve their supply chain efficiency.UnionCrate, Inc. plans to utilize the funds raised in October 2019 to scale its operations and enhance its product offerings. The company is focusing on developing new features for its platform, with potential launches expected in the upcoming year. Additionally, UnionCrate, Inc. aims to expand into the European market by the end of 2023, targeting further growth in regions with emerging supply chain needs. The recent funding will support these initiatives, allowing the company to invest in product development and market entry strategies.

## Funding rounds

- Series A, Oct 4, 2019, $9M — Founders Fund, Bay Grove Capital, Laconia Capital Group, Susa Ventures, 1517 Fund, Gradient Ventures

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A
- Bay Grove Capital (https://capitalatlas.ai/funds/bay-grove-capital) — Series A
- Laconia Capital Group (https://capitalatlas.ai/funds/laconia-capital-group) — Series A
- Susa Ventures (https://capitalatlas.ai/funds/susa-ventures) — Series A
- 1517 Fund (https://capitalatlas.ai/funds/1517-fund) — Series A
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Series A