Vista Equity Partners (Vista), a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, has made a growth investment in Gnosis Freight (Gnosis), a provider of shipping container management software.
Founded in 2017, Gnosis allows users to track and manage containers and collaborate with logistics partners in a single location. In 2020, Gnosis launched its Container Lifecycle Management (CLM) platform, and coined the term CLM. Embedded in the platform, Gnosis’ proprietary container tracking engine, Marlo, aims to eliminate the global supply chain’s persistent blind spots and drive connectivity across the ecosystem.
Gnosis currently monitors more than 95% of global ocean commerce, offering logistics specialists unprecedented visibility over their supply chains. With a majority of global importers and exporters still relying on spreadsheets to manage their complex international supply chains, the demand for sophisticated solutions to streamline operations is substantial.
Vista’s investment in Gnosis was made by the firm’s Endeavor Fund, which provides growth capital and strategic support to market-leading, high-growth enterprise software, data and technology-enabled companies that have achieved at least $10 million in recurring revenue.