Tive, Inc., a Boston, MA-based provider of a sensor-driven tracking solution to deliver full visibility into products as they move through the supply chain, raised $3m in seed funding.
The round was led by Accomplice with participation from NextView Ventures and existing investors Bolt and Hyperplane.
The company will use the funds to grow the team in multiple areas including engineering, marketing and sales and further develop its sensor and cloud software platform.
Led by Krenar Komoni, CEO and Founder, and Led by Rob Stevens, Chief Revenue Officer and Co-Founder, Tive provides companies with cellular-connected trackers and cloud-based software to get real-time visibility via customized alerts, reporting and analysis on inbound and outbound shipments across all modes of transport.
The company serves customers coming from electronics, pharmaceutical, medical devices, industrial equipment, and automotive industries.