Everstream Analytics secures new cash to predict supply chain disruptions
https://techcrunch.com/2022/05/19/everstream-analytics-secures-new-cash-to-predict-supply-chain-disruptions/
Everstream Analytics, a supply chain insights and risk analytics startup, today announced that it raised $24 million in a Series A round led by Morgan Stanley Investment Management with participation from Columbia Capital, StepStone Group, and DHL. CEO Julie Gerdeman said that the new money would be used to “propel technology innovation” and “further global expansion.”
Everstream, which was launched as Resilience360 and Riskpulse, provides predictive insights for supply chains. Drawing on billions of supply chain interactions, the company applies AI to assess materials, suppliers, and facilities for risk.