What is SupplyCompass?
SupplyCompass offers a comprehensive software solution designed to revolutionize product development and delivery for fashion brands. Their platform facilitates real-time collaboration between brands and manufacturers, significantly enhancing communication and reducing lead times. Key features include a shared supplier workspace, SKU explorer, and robust tracking tools, all aimed at improving operational efficiency and promoting sustainability within the production lifecycle. The company primarily serves fashion brands and manufacturers seeking to modernize their operations and optimize their supply chain management.
How much funding has SupplyCompass raised?
SupplyCompass has raised a total of $1.9M across 1 funding round:
Angel/Seed
$1.9M
Angel/Seed (2019): $1.9M with participation from Ascension Ventures, Philipp Moehring, Episode 1, Unicorn Ascension, and Andy Chung
Key Investors in SupplyCompass
Ascension Ventures
Ascension Ventures is a venture capital firm specializing in healthcare, managing significant capital and investing in companies transforming the industry.
Episode 1
Episode 1 Ventures is a London-based venture capital firm that invests in early-stage, software-driven businesses in the UK with high growth potential.
Philipp Moehring
Undisclosed investor participating in the funding round.
What's next for SupplyCompass?
With the infusion of major enterprise-level funding and a strategic investment, SupplyCompass is poised for accelerated growth and market expansion. This capital injection will likely fuel further development of their collaborative platform, enhance their go-to-market strategies, and potentially expand their reach into new geographical markets or adjacent industry verticals. The company's focus on efficiency and sustainability in fashion production positions it favorably to capitalize on evolving industry demands for transparent and agile supply chains.
See full SupplyCompass company page