Roambee Secures $18M in Series B Funding to Revolutionize Real-Time Global Supply Chain Visibility and Intelligence

Roambee is thrilled to announce a major funding milestone with an impressive raise of $18 million in its latest investment round. This significant capital injection will further empower Roambee to enhance its mission of offering verifiably better supply chain visibility and intelligence on demand, ensuring on-time, in-full, and in-condition deliveries of shipments and assets anywhere in the world. With over 300 enterprises already benefiting from its state-of-the-art solutions, Roambee has become an industry cornerstone, enabling companies to elevate customer experience, boost service levels, enhance product quality, optimize cash cycles, and increase business efficiencies. Among its esteemed clientele, more than 50 top global companies across Pharma, Food, Electronics, Chemicals, Automotive, Packaging & Containers, and Logistics industries leverage Roambee’s innovative AI-powered platform to drive real-time insights and foresights. The newly secured funds will be directed towards expanding Roambee's pioneering end-to-end monitoring solutions and further refining its AI-powered supply chain platform. By integrating advanced sensor-based data with non-sensor inputs, Roambee continues to deliver highly accurate supply chain signals that translate into better multimodal ETAs, on-time in-full deliveries, over 80% cold chain compliance, and an extraordinary 4X+ ROI on supply chain assets. This cutting-edge technology not only optimizes utilization and inventory levels but also sets a new benchmark in supply chain efficiency. Recognized by Gartner as one of the nine global supply chain technology innovators in the “2021 Gartner Tracking and Monitoring Business Process Context: Magic Quadrant for Real-Time Transposition Visibility Platforms,” Roambee is poised for expansive growth, innovation, and a continued commitment to revolutionizing supply chain management worldwide. For more details on Roambee and its transformative platform, visit www.roambee.com.