10 Supply Chain Startups That Raised $ 10 M+ Since Late 2024

When there's a real opportunity for profit, funding shows up, no matter how uncertain the global economy is. In just over six months, more than $1 billion has flowed into the supply chain industry.

That said, many of these investments are going into software platforms that, on paper, can be hard to tell apart — often requiring long demos just to understand what they do.

Below is a list of recent funding rounds in the supply chain industry. It’s a reminder that there’s still serious capital moving in this space. The real question? Where will these companies be in 10 years — and which ones will have 10x’ed?

Let me know if I missed one!

10. Imperial

Spanish company Imperia secured a $10 million investment in February 2025. The company has developed a technology platform that helps businesses accurately forecast demand, streamline procurement processes, and optimize production planning.

9. Relay

UK-based Relay raised over $33.4 million in February 2025. The company has essentially created a software platform that primarily serves e-commerce and retail companies in managing deliveries. Drivers are crowdsourced in a manner similar to Wolt, and AI handles route optimization.

8. Swap

American company Swap secured a total of $40 million in March 2025. The company has developed a platform for online retailers that seamlessly integrates all key functions – from international trade to inventory management, pricing, and returns. Swap leverages AI and data analytics to boost efficiency and accelerate growth.

7. Tive

U.S.-based Tive raised $40 million in January 2025 to strengthen the development of its real-time supply chain tracking solutions. The company’s technology provides visibility across the entire supply chain, enabling rapid detection of anomalies and improved delivery predictability.

6. Grubmarket

Grubmarket raised $50 million in February 2025 to expand the use of its B2B software solutions within food supply chains. The company’s technology connects producers, wholesalers, and retailers in a digital ecosystem that improves operations and reduces waste throughout the value chain.

5. Cyclic Materials

Canadian company Cyclic Materials secured a total of $53 million in September 2024. The company develops infrastructure for recycling rare earth elements and aims for rapid global expansion.

4. Outrider

U.S.-based Outrider raised $62 million in October 2024. The company is developing automation solutions for distribution yards that reduce manual labor and improve safety in logistics centers.

3. Overhaul

Overhaul raised more than $55 million in January. Its application platform helps companies like Microsoft, Dyson, and pharmaceutical firms anticipate potential delays and thefts in the supply chain.

2. Altana AI

Altana AI raised a staggering $200 million in August 2024. The company is developing an AI-based supply chain management system that provides real-time visibility and risk management for global trade. Its platform helps companies build more sustainable, transparent, and disruption-resilient supply chains.

1. Fleetio

Fleetio raised over $450 million in March 2025 and simultaneously acquired Auto Integrate to strengthen its position as a market leader in fleet maintenance. The acquisition created a comprehensive maintenance ecosystem serving over 8 million vehicles across more than 110,000 repair shops in North America. The goal is to offer a customer-focused, one-stop solution for fleet management and maintenance.

Which company do you think will 10x? Let us know in the comments.