Supply chain visibility platform project44 received an investment totaling $420 million from a syndicate led by Thoma Bravo, TPG and Goldman Sachs Asset Management. Emergence Capital, Insight Partners, Chicago Ventures, Generation Investment Management, Sapphire and Sozo Ventures also participated in the funding round at a pre-money valuation of $2.2 billion.
project44 had raised $202 million equity in May 2021 (at an approximate valuation of $1.2 billion), and has an annual run rate of $100+ million, 1,000+ team members, 1,000+ customers, and 1+ billion packages tracked annually.
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