Weft
Company

Last deal

Amount

Seed

Stage

08.12.2016

Date

3

all rounds

$3M

Total amount

date founded

Financing round

General

About Company
Weft provides an ERP-based platform and tracking devices to monitor the shipping of goods.

Industry

Sector :

Subsector :

founded date

01.04.2013

founders

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Weft combines sensors and supply chain analytics to help businesses gain real-time asset intelligence, reduce disruption, and improve operational productivity. The platform allows users to track the current status of shipments, set alerts for out-of-bounds conditions, and adjust routes and schedules to increase the likelihood of on-time delivery. Through predictive analytics, Weft identifies likely bottlenecks and alerts shippers to potential problems before they occur. Weft is available through ERP providers, telecommunications companies, and shipping and logistics companies, and offers a complete end-to-end supply chain and shipping visibility solution.
Contacts

Contact Email

Phone number

Website URL

Social url

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M&A Details
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Transaction name

Acquired by

Genscape

announced date

06.06.2016

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Funding Rounds
3
3

Number of Funding Rounds

$3M

Money Raised

Their latest funding was raised on 08.12.2016. Their latest investor Data Elite. Their latest round Seed

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People

Founders
1
Marc Held
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Marc Held

Employee Profiles
13

Trinity Montoya

Data Engineer

Erin O'Bannon

Erin O'Bannon

Director of Marketing and Communications

Charley Aldrich

Charley Aldrich

VP, Client Operations

Scott Udell

Scott Udell

COO

Ana Zavareh

Ana Zavareh

Marketing Operations Manager

Salina Brown

Salina Brown

VP of Design

Activity

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