Paradata brings transparency to the supply chain industry with its unique data-first, Software as a Service (SaaS) that uses machine learning to provide authenticated, accurate product details to Original Equipment Manufacturers (OEMs) and Electronic Manufacturing Services (EMS) providers as well as parts distributors and suppliers. Based in San Jose, Calif., the company is democratizing the supply chain industry by enabling manufacturers of all sizes to measure and monitor the most relevant details, actions and updates needed to lower costs and improve supply chain health. With its predictive and prescriptive optimization algorithms, Paradata empowers manufacturing, engineering, supply chain and procurement leaders to make faster, smarter product design and sourcing decisions.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 03/25/17 | $10,000,000 | Series A-1 |
PivotNorth Capital Richmond Global SAP.iO | undisclosed |
