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Hicx Raises $30M To Help Companies Optimize Supplier Experience

PRIVATESep 15, 2022•over 3 years ago

Amount Raised

$30 Million

LondonManufacturing

Description

HICX, the leading Supplier Experience Management provider, is announcing a $30 million investment led by Boston, US-based growth equity firm Wavecrest Growth Partners and Toronto-based venture debt provider Espresso Capital.

Company Information

Company

HICX

Location

Cypress Waters

London, Ontario, Canada

About

At HICX, we believe a company’s suppliers are key to incremental value creation. That’s why we’ve developed the world’s first Supplier Experience Platform to help large enterprises remove the friction from their supplier relationships. By adopting a single, consolidated experience covering all aspects of the supplier relationship, and building on a single version of supplier data truth, organizations with tens or even hundreds of thousands of suppliers can realize the full value of their investment in procurement suites and best of breed solutions across the supplier lifecycle. And, by becoming ‘customer of choice’ for all their suppliers, companies can have greater access to supplier innovation and to product during times of constraint. A great experience for suppliers and internal teams, also removes the inefficiencies that exist in the numerous different touch points with suppliers and supplier data. For more than 15 years, we’ve been delivering supplier data and supplier information management solutions to the worlds largest organizations, in some of the most complex and highly regulated industries, including CPG, energy, manufacturing, aerospace and defence. The HICX team is remote-first and spread across more than 15 countries but we also have offices in London, UK and Dallas, Texas. BAE Systems.

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Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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