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Cai Software Announces Majority Investment By Symphony Technology Group (Stg)

PRIVATEDec 13, 2021

Round Type

Venture

IndianaManufacturingFood and Beveragepharmaceuticals

Description

CAI Software, LLC ("CAI"), a leading software vendor of mission-critical, production-oriented software to the manufacturing and distribution sectors globally, announced today it has received a majority investment from Symphony Technology Group ("STG"), a private equity partner to market-leading companies in software, data and analytics. This partnership includes a significant investment to strengthen CAI's market leadership and product innovation across its portfolio of solutions, including ERP, MES, EDI, WMS and process automation. STG's backing will accelerate CAI's growth in partnership with its existing owners and management team through organic and inorganic initiatives to deepen and broaden CAI's capabilities.

Quick answer

CAI raised an undisclosed amount in a funding round, dated December 13, 2021. CAI is based in Indiana, United States.

How much did CAI raise?
CAI raised an undisclosed amount in a funding round on December 13, 2021.
What does CAI do?
The firm brings expertise, flexibility, and resources to build strategic value and unlock the potential of innovative companies.
Where is CAI based and how big is it?
CAI is based in Indiana, United States. Fundz records about 1,100 employees.
Who are the decision-makers at CAI?
Fundz holds 2 contacts at CAI, including the Senior Commissioning and Qualifications Engineer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food and Beverage and pharmaceuticals around the same time

Companies in the same sectors as CAI that raised within 45 days of this round, from Fundz verified event records.

  • Hadrian raised $36M on January 7, 2022.
  • Sow Good raised $2.8M (Seed) on January 5, 2022.
  • LPG Technology Group raised an undisclosed amount on January 27, 2022.
  • Enable Injections raised $215M (Funding Round) on January 27, 2022.
  • Cowboy raised $80M (Funding Round) on January 27, 2022.
  • Smartkem raised $2M (Seed) on January 27, 2022.

Who to call at CAI, and when

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Company Information

Company

CAI

Location

1060 N Capitol Ave

Indiana, United States

About

The firm brings expertise, flexibility, and resources to build strategic value and unlock the potential of innovative companies. CAI has a proud legacy of delivering high-quality software to its customers, and we look forward to continuing to support CAI's management team as they leverage STG's resources to accelerate growth," said John Bingaman, Managing Principal of Iron Creek Partners LLC and former Chairman of the Board of CAI. CAI has more than 900 mid-market and enterprise customers globally, across several key verticals, including food & beverage, lumber & building materials, aerospace & defense, metal fabrication, automotive, manufacturing and distribution.

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Related People

2 contacts
Verified contactsSanjog S., Senior Commissioning and Qualifications… hiddenSee plans and pricing
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CAI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.