HICX Raises $30M in Funding

HICX, a London, UK-based Supplier Experience Management provider, received a $30m investment.

The round was led by Wavecrest Growth Partners and venture debt provider Espresso Capital.

Led by CEO Costas Xyloyiannis, HICX provides a low-code/no-code SaaS platform and applications that enable large companies full visibility into their supplier ecosystems and interactions, building resilient and competitive supply chains. It uses proprietary low-code/no-code technology for rapid configuration to each unique customer requirement and is designed to integrate with, and operate alongside, the customer’s existing investments in procurement, supply chain and financial tech.

Unilever, Mondelez, BAE Systems, Baker Hughes, and Lenovo, among other mega-brands, use HICX as a single source for supplier data and the focal point for supplier interactions.