How Much Did Silq Raise?
Funding & Key Investors

Silq, a San Jose-based enterprise platform specializing in supply chain integrity, has successfully secured significant capital to bolster its market position. The company has reached a total funding milestone of $19.6M, underscored by a recent strategic investment of $17.6M. This influx of financing reflects strong investor confidence in the firm's ability to digitize and automate complex factory audit and quality inspection workflows for the global apparel industry.

The growth trajectory of Silq is marked by a clear progression from early-stage development to a more robust enterprise-level scaling phase. By securing this latest round of backing, the company is well-positioned to expand its technological infrastructure and deepen its penetration into the manufacturing compliance sector.

What is Silq?

Silq
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Silq operates at the intersection of supply chain management and enterprise software, providing a comprehensive platform designed to streamline factory audits, inspection compliance, and quality control processes. By replacing manual, fragmented oversight with a centralized digital solution, Silq enables apparel brands to maintain rigorous standards across their global manufacturing networks. The company's market position is defined by its focus on operational transparency and risk mitigation, addressing the critical need for accountability in modern retail supply chains. As brands face increasing pressure to ensure ethical and quality standards, Silq serves as a vital technological partner for maintaining brand integrity and operational efficiency.

How much funding has Silq raised?

Silq has raised a total of $19.6M across 2 funding rounds:

2021

Other Financing Round

$2M

2022

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, Eight Roads Ventures India, Surface Ventures, Flexport Ventures, and Forum Ventures

Key Investors in Silq

F-Prime Capital Partners

F-Prime Capital is a venture firm with a deep bench of investors, engineers, and scientists dedicated to supporting innovation in healthcare and technology sectors.

Forum Ventures

Forum Ventures is a management consultancy and investment firm that utilizes a quantitative methodology to accelerate the growth of early and mid-stage technology companies.

RTP Global

RTP Global is a venture capital firm focused on early-stage technology investments, known for supporting companies that have scaled into multi-billion dollar public entities.

What's next for Silq?

With the recent infusion of capital, Silq is expected to accelerate its product development roadmap and scale its go-to-market operations. The strategic focus will likely shift toward enhancing the platform's data analytics capabilities, allowing for predictive insights into factory performance and compliance trends. Furthermore, the company is poised to leverage its network of institutional backers to forge deeper partnerships within the apparel manufacturing ecosystem. As Silq continues to mature, the emphasis will remain on scaling its enterprise-grade features to meet the demands of larger, global retail entities, ultimately aiming to set a new industry standard for supply chain visibility and quality assurance.

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Frequently Asked Questions Regarding Silq Financial Insights

What are the most recent funding rounds that Silq has completed, and what were the funding rounds?
Silq has recently completed 2 funding rounds: Series A on Mar 9, 2022, Other Financing Round on Jan 19, 2021.
What is the total amount of funding Silq has raised to date?
Silq has raised a total of $19.6M in funding to date.
How many funding rounds has Silq completed?
Silq has completed 2 funding rounds.
How much funding did Silq raise in its most recent funding round?
Silq raised $17.6M in its most recent funding round.
Who are the lead investors in Silq's latest funding round?
The lead investor in Silq's latest funding round was F-Prime Capital Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Silq's history?
The largest funding round in Silq's history was $17.6M.
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