The funding will be used to accelerate the company’s growth and enhance its mission to transform supply chain visibility and scenario planning worldwide.
FOR IMMEDIATE RELEASE
ketteQ Raises $9 Million in Series A Funding Led by Vocap Partners and Circadian Ventures to Accelerate Growth and Delivery of Supply Chain Planning Solutions
ATLANTA – March 21, 2023 – ketteQ, a global leader in supply chain planning and control tower solutions, has raised $9 million in Series A funding, led by Vocap Partners with co-investment from Circadian Ventures. The funding will be used to accelerate the company’s growth and enhance its mission to transform supply chain visibility and scenario planning worldwide.
ketteQ's innovative, end-to-end visibility and optimization platform is built on a cloud-native architecture that uniquely leverages the Salesforce and AWS clouds. The solutions enable companies to make data-driven decisions and reduce costs while improving customer service. The company's technology leverages machine learning and artificial intelligence to create dynamic models and scenario planning, allowing a broad range of customers to optimize their inventory, logistics, production, material and service parts operations, and helping global brands such as Carrier, Trimble and Coca-Cola Bottlers of Japan, better meet supply chain demands.
"We are thrilled to have secured this investment from such reputable and experienced investors.” said ketteQ CEO Mike Landry, “This funding will allow us to extend our reach in delivering world-class solutions that help our customers improve their operations, reduce costs, and increase efficiency. We are excited to partner with Vocap and Circadian, who bring a wealth of knowledge and expertise to the table."
"ketteQ's platform has developed a breakthrough solution that will deliver a step function change in supply chain planning.” said Mike Becker, Vocap Managing Director, “Their innovative approach to user experience, data analytics and optimization is game-changing, and we are excited to support the company as they continue to deliver these valuable capabilities. We look forward to working with Mike and this industry-leading team to help ketteQ achieve its full potential."
The funding round also included participation from leading supply chain executives who add important advice and support for this vision. With exceptional venture capital expertise, Morris, Manning, and Martin, LLP provided valuable counsel and legal services to help ketteQ secure this important funding. With it, ketteQ is well positioned to continue its rapid growth, delivering value to customers around the world.
ketteQ is dedicated to building a new paradigm for Supply Chain planning and operations. Built on Salesforce and AWS, with strengths in security, scalability, and configurability, ketteQ offers supply chain organizations extended capabilities to fill in the gaps left by legacy systems with unparalleled analytics and visibility for today’s supply chain needs. For further information, visit ketteQ.com or follow @kette_Q on Twitter.
About Vocap Partners
Vocap Partners provides capital, connections and operational knowhow to emerging B2B software and healthcare IT companies with disruptive potential. With offices in Atlanta, Georgia and Vero Beach, Florida, Vocap has a strong track record of building and realizing value alongside entrepreneurs. For further information, www.vocappartners.com.
About Circadian Ventures
Circadian Ventures is a venture capital firm investing in early-stage tech and tech-enabled businesses. Circadian Ventures actively partners with exceptional entrepreneurs to build enduring businesses. Based in Atlanta, the firm has investments in various sectors across the United States. For further information, www.circadian.vc