Everstream Analytics, the global supply chain insights and risk analytics company, closed a $24 million Series A round. "With new investor Morgan Stanley Investment Management joining the round, and increased commitment from existing investors Columbia Capital, StepStone Group, and DHL, the financing comes on the heels of a significant acceleration in company growth," according to an official statement.
Everstream increased its customer base by 550 percent to date in 2022, and added clients including AB InBev, KIOXIA, Shaw Industries and Whirlpool, the statement added. "The past two years have shone a light on the criticality of supply chain resilience," says Julie Gerdeman, CEO, Everstream. "Everstream gives companies visibility and insights to uncover and predict supply chain disruption from weather events and other disasters to human, sustainability, and environmental risks across their entire supply chain.
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