Roambee Raises $15.2M in Series B Funding


Roambee, a Santa Clara, Calif.-based on-demand shipment and asset monitoring platform company, raised $15.2m in additional Series B financing.

The round was led by Anchor Group and Comcraft, with participation from Intuitive Ventures, Jebsen & Jessen, Telkomsel and Anant Singhania.

The company intends to use the funds to expand operations and accelerate sales globally.

Led by Sanjay Sharma, CEO, Roambee provides an on-demand shipment and asset monitoring platform to companies in manufacturing, logistics, transportation, finance, pharmaceutical and automotive industries. Its sensor logistics platform uses IoT sensors to collect data, artificial intelligence (AI) to deliver insights and foresights and robotic process automation (RPA) to automate operations within the enterprise. The real-time, multi sensor, visibility solution monitors goods and assets indoor, outdoor, and in-transit to eliminate business disruptions. It enables those responsible for supply chain and/or field asset performance to get a real-time window into a number of critical metrics and situations (current location, cold chain, security breach, such as tampering, route deviation, chain of custody, and more) when their shipments or assets are in-transit or afield, to help proactively address any discrepancies.

Customers include the top three global companies in pharmaceuticals, global logistics and food & beverages.

The company has more than 200 paying customers with operations in Brazil, Mexico, India, Germany, UK and UAE.



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