GoExpedi, a Houston-based innovative new e-commerce, supply chain and analytics company focused on procurement for industrial and energy MRO (maintenance, repair and operations), raised $25m in Series B funding.
The round was led by Top Tier Capital Partners, with participation from CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital and other current investors.
The company intends to use the funds to accelerate geographic expansion across North America as well as globally, further build out its technology platform, and expand its reach from the land drilling market to the offshore, midstream and downstream markets.
Led by Tim Neal, CEO, GoExpedi provides more than 200,000 critical parts and supplies, with transparency on price, supplier choice and availability through its online e-commerce platform.
The company currently serves a diversified portfolio of over 20 customers including two of the top five drilling contractors in the US.