What is Conductiv?
Conductiv® is a specialized firm dedicated to optimizing third-party services within supply chains. Operating as the sole end-to-end third-party lifecycle improvement company, Conductiv leverages its strategic sourcing acumen and category best practices across diverse sectors including healthcare, hospitality, government, real estate, transportation, and education. The company's track record includes leading over 700 bids for more than 120 organizations, resulting in contracted value exceeding $4 billion and generating approximately $800 million in documented savings, averaging a 24% savings rate.
How much funding has Conductiv raised?
Conductiv has raised a total of $15.4M across 2 funding rounds:
Series B
$5.6M
Series C
$9.8M
Series B (2012): $5.6M, investors not publicly disclosed
Series C (2013): $9.8M, investors not publicly disclosed
What's next for Conductiv?
The recent major strategic investment in Conductiv signals a pivotal growth phase, likely aimed at expanding its market reach and enhancing its technology platform for supply chain optimization. This backing will enable Conductiv to further solidify its leadership in third-party lifecycle improvement, potentially driving innovation in strategic sourcing and category management. The company is well-positioned to capitalize on its proven ability to deliver substantial savings, further cementing its value proposition for enterprise clients across multiple industries.
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