Snofox Launches From Stealth Mode With $4.5M In Seed Funding To Transform The Cold Supply Chain
Aug 01, 2023•over 2 years ago
Amount Raised
$4.5 Million
Round Type
seed
Investors
MudcakePonderosa VenturesPale Blue DotVoyager Ventures
Description
SnoFox, the leading business intelligence tool that provides data analytics for the global cold chain, today announced its $4.5M Seed round led by Voyager Ventures, bringing total funding to date to $5.7M. The round also includes participation from Pale Blue Dot, Ponderosa Ventures, and Mudcake. SnoFox will use the funds to reach new customers in more markets across the US, as well as hire new talent as demand for energy efficiency grows within the global cold chain. The company is officially launching from stealth mode and already has a strong track record of delivering value to customers.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers