What is Silq?
Silq operates a platform designed for apparel companies, offering comprehensive solutions for factory audits, inspection compliance, and quality control. Based in San Jose, California, the company aims to streamline critical operational processes within the fashion supply chain, enhancing transparency and efficiency for its clients.
How much funding has Silq raised?
Silq has raised a total of $19.6M across 2 funding rounds:
Other Financing Round
$2M
Series A
$17.6M
Other Financing Round (2021): $2M with participation from Acceleprise, SV Angel, and RTP Global
Series A (2022): $17.6M led by F-Prime Capital Partners, Forum Ventures, Surface Ventures, Flexport Ventures, and Eight Roads Ventures India
Key Investors in Silq
F-Prime Capital Partners
F-Prime Capital Partners is an investment firm established in 2002, with a dedicated team of professionals focused on investing in healthcare and technology sectors.
Forum Ventures
Forum Ventures is a management consultancy that specializes in accelerating the growth of early and mid-stage technology companies through strategic development and execution services.
Flexport Ventures
Flexport Ventures is an investment arm focused on companies within the logistics and supply chain ecosystem.
What's next for Silq?
The recent major strategic investment positions Silq for accelerated growth and market expansion. This infusion of capital, particularly following its Series A round, suggests a focus on scaling operations, enhancing its platform capabilities, and potentially broadening its service offerings to meet the evolving demands of the apparel industry. The company is likely to leverage this backing to solidify its position as a key player in supply chain management and compliance solutions.
See full Silq company page
