GoExpedi, a Houston, TX-based e-commerce, supply chain and analytics company for industrial and energy MRO, closed a $25m Series C funding.
The round, which brings the total capital raised to date to $75m in equity and debt capital, was led by Top Tier Capital Partners with participation from other investors such as Crosslink Capital, San Jose Pension Fund, CSL Ventures, Bowery Capital, Hack VC, and others.
The company intends to use the funds to accelerate the development and scale of its machine learning software, robotics, and advanced analytics technologies, and further deepen its talent pool of industry experts and tech talent.
Led by Tim Neal, CEO, GoExpedi provides over 200,000 critical parts and supplies with complete transparency on price, supplier choice and availability through its online e-commerce platform featuring an end-to-end suite of applications and meticulous cataloging system that enables spending transparency, lowering costs and unplanned downtime.
The platform provides an interactive dashboard with advanced spending reports, product tracking, and risk management tools to maximize efficiency and visibility across an organization.