SupplyStack raises €5 million to continue expansion in Europe
On April 6th 2019, SupplyStack announced the closing of its series A funding round of €5 million. The funding round was led by Fortino Capital Partners, Participatiemaatschappij Vlaanderen and Mainport Innovation Fund.
SupplyStack delivers an easy-to-integrate and flexible visibility solution that monitors transport orders in real-time. “SupplyStack helps supply chain and customer service departments to contribute to a better customer experience and overall supply chain collaboration. With this new funding in place, we can tap into new European markets and go after our ultimate goal: turning the supply chain into a competitive differentiator and putting the end customer first”, explains Nick Poels, CEO of SupplyStack.
Fortino Capital is investing in SupplyStack for the second time. “We have supported the management team over the past three years and are excited to assist them during the next phase of further scaling-up their company. The team has the skills and focus to drive digitization in the logistics sector, and deliver a more efficient supply chain to its clients,” says Steven De Troyer, Investment Director at Fortino Capital.
Read the full press release here.