AXA Backs Tive In $54M Round
April 12, 2022
closed a $54M Series B funding led by AXA Venture Partners, with
participation from Sorenson Capital, Qualcomm Ventures, Fifth Wall,
SJF Ventures and Floating Point Ventures as well as the existing
investors RRE Ventures, Two Sigma Ventures, NextView Ventures,
Hyperplane Ventures, Broom Ventures, and Supply Chain Ventures.
Tive continues to outpace and out-innovate the competition with the
most advanced multi-sensor trackers, a truly intuitive SaaS
application, and live 24/7 shipment monitoring service. As the
leading provider of supply chain tracking technology, Tive has
delivered real-time shipment visibility in more than 200 countries,
and helped save thousands of shipments from being delayed, damaged,
spoiled, or rejected.
"Tive helps supply chain and logistics professionals bring their
customers to the forefront and improve the experience of their
deliveries. We empower every shipper and logistics service provider
with the best visibility and monitoring tools. We are committed to
developing products that create a seamless experience and don't get
in the way of our customer's daily operations," said Krenar Komoni,
Founder & CEO of Tive. "With ongoing dedication from our investors,
we continue to innovate and serve our customers while strengthening
our position as a global provider of shipment insights that power
the next generation of sustainable and efficient supply chains."