Suuchi, a Princeton, NJ-based supply chain platform provider for fashion brands and retailers, raised $8m in growth funding.
Edison Partners made the investment. In conjunction with the funding, Kelly Ford, Partner, Edison Partners, joined Suuchi’s board of directors.
The company will use the funds to accelerate go-to-market execution and product innovation, as well as continue to expand its network of designers, materials suppliers and factories throughout the United States.
Led by Suuchi Ramesh, founder and CEO, Suuchi is a next-generation supply chain platform for fashion brands and retailers. Using its SaaS-based product lifecycle management (PLM) application, Suuchi GRID, and its network of curated freelancers, factories and mills, the company designs and produces millions of units at speedy turnarounds.
Today, more than 200 fashion businesses, from large brands, like Cintas, to mid-tier and emerging brands, like Little Giraffe, are streamlining their supply chain workflows and production on the platform.
The company currently employs 120 people at its North Bergen headquarters and is actively hiring for positions in sales, marketing, software engineering, human resources and finance.