project44, a supply chain visibility platform, has secured received an investment totalling USD420 million from a syndicate led by Thoma Bravo, TPG, and Goldman Sachs Asset Management (Goldman Sachs).
Emergence Capital, Insight Partners, Chicago Ventures, Generation Investment Management, Sapphire and Sozo Ventures also participated acquiring equity interests resulting in a project44 pre-money valuation of USD2.2 billion.
Also Sixth Street committed to make available additional funding, in support of the company’s strategic acquisition programme and product development activities.
When combined with its USD202 million equity raise in May of 2021, project44 has set a funding record for Logistics Tech enterprise SaaS companies.
