Interos, the trailblazer in AI-powered supply chain risk intelligence, has just fortified its financial footing with a substantial $40m growth capital investment from Blue Owl Capital.
This move is a part of a broader trend where Interos, renowned for its robust AI insights, is increasingly trusted by over 100 Fortune 1000 companies and key federal agencies.
The recent funding is underpinned by a strong history of support from esteemed investors such as NightDragon, Kleiner Perkins, and Venrock. Strategic investments have also flowed in from industry giants including Accenture, Coupa, and ServiceNow. This collective backing empowers Interos to amplify its AI-driven insights, significantly enhancing how enterprises and governments manage global supply chain risks.
Interos will leverage the $40m investment to augment its product-led growth strategy, further deepening its AI capabilities. This strategic infusion will broaden its multi-vector go-to-market model, aiming to enrich customer value across the board.
In an increasingly interconnected world, supply chains have become vulnerable to a variety of global threats, including geopolitical tensions, cyber attacks, and severe weather conditions. Interos offers its clients real-time visibility into their supply chains, effectively mapping and monitoring systemic threats to mitigate both present and future risks.
Ted Krantz, CEO of Interos, “The investment from Blue Owl is a vote of confidence for our vision into AI-powered predictive analytics. As the market leader, we are primed to accelerate adoption of our platform across the entire supply chain risk lifecycle at a time when the supply chain ecosystem has never been more strategic and complex.”
Further bolstering its market position, Interos has added new executive talent and expanded its ecosystem through partnerships with Dun and Bradstreet and SAP Ariba. Recent innovations include launching the Resilience Watchtower and securing a role as the government-wide supply chain risk management platform for national security and defense, an initiative extended across all Department of Defense and civilian agencies.
Ivan Zinn, Managing Director at Blue Owl Capital, said, “We are excited to partner with Interos as a differentiated supply chain risk management SaaS provider across a broad range of commercial and government use cases.
“Together with Ted and the Interos team, we look forward to contributing our deep software expertise to accelerate and align with the Company’s mission of expanding its predictive analytics functionality and further supporting its impressive growth vector.”
Keep up with all the latest FinTech news here
Copyright © 2024 FinTech Global