HOUSTON–(BUSINESS WIRE)–e2log, provide chain expertise innovator, is happy to announce one other spherical of funding. The method was led by New York-based Upper90, a hybrid fund offering founder-friendly credit score and fairness to main disruptors in e-commerce, enterprise and fintech. A workforce of particular person buyers with vital expertise and software program expertise additionally participated on this spherical. Douglas Gilstrap will probably be becoming a member of the e2log Board as a consultant of the investor group.
The funds will help further expertise innovation, improve international connectivity, and drive gross sales and advertising and marketing initiatives.
“Latest international turmoil from provide chain disruptions highlights the dearth of expertise — in addition to the necessity for extra on this house,” stated Adolph Colaco, e2log CEO. “This spherical of funding brings extra distinctive buyers into our portfolio to help and information us as we proceed difficult the standard means enterprises handle their provide chains.”
A brand new method to logistics
e2log’s distinctive Enterprise Logistics Administration System helps cargo house owners and shippers handle the end-to-end provide chain course of for full order lifecycle administration. The e2log answer permits provide chain groups throughout the enterprise to work on a single platform and handle each worldwide in addition to home logistics for all sorts of cargo through all modes of transportation. The platform enormously simplifies in any other case complicated logistics processes, serving to cargo house owners and shippers achieve management of their provide chains.
“Irrespective of the scale or stage, offline or on-line, each enterprise faces provide chain challenges. e2log is delivering an built-in platform that improves effectivity, transparency and price financial savings at each level within the cycle,” stated Billy Libby, CEO and founder, Upper90. “We’re proud to be an early accomplice in e2log, serving to them speed up development with much less dilution.”
Texas-based e2log was based in 2018 by a workforce of seasoned provide chain executives with a mission to simplify international logistics and assist cargo house owners and shippers considerably enhance management of their provide chains. The corporate has since constructed a cloud-based platform which helps save transport prices, considerably improves course of effectivity, and measures efficiency of every part of the availability chain, whereas delivering unprecedented visibility and transparency. Extra data on e2log may be discovered at www.e2log.com.