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Tive Secures $20 Million in Funding Led by Lightsmith Group to enhance real-time products and expand visibility tools.

PRIVATEJan 13, 20268 months ago

Amount Raised

$20 Million

Round Type

Funding Round

BostonInformation TechnologySoftware

Investors

Supply Chain VenturesAvpWorld Innovation LabSageview CapitalLightsmith Group

Description

Tive has announced a $20 million funding round led by Lightsmith Group, with participation from existing investors. The funds will be used to accelerate development of real-time products and expand visibility tools for the supply chain. Tive aims to enhance efficiencies and address disruptions effectively. The company has seen significant growth, with over 3.5 million trackers sold globally.

Company Information

Company

Tive

Location

Boston, Massachusetts, United States

About

Tive is the global leader in real-time supply chain visibility solutions. More than 500 global shippers, logistics service providers, and retailers use Tive to monitor shipment location and condition in real time, gain actionable insights, and ensure end-customer satisfaction. Tive’s cloud platform, patented sensor technology, and 24/7 Live Monitoring services reduce excursions and delays, minimize rejected loads, and decrease theft, damage, and spoilage. Customers count on Tive to ensure that shipments are delivered on time and in full—because every shipment matters.

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Funding Insights

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

Tive 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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