Slync Raises $24M in Funding

Slync

Slync, a Dallas, TX and San Francisco, CA-based provider of a platform that standardizes data from different sources, raised $24M in funding.

The round was led by Goldman Sachs, with participation from Blumberg Capital, ACME Ventures, and Gaingels.

The company intends to use the funds to accelerate growth.

Led by CEO John Urban, Slync provides a platform that consumes, interprets, and standardizes data from different sources as it evolves in real-time and then automates related operational processes to improve productivity and service-level reliability. The technology brings together different data types, process automation, and AI that maps to human workflows. This system eliminates repetitive, time-consuming manual tasks while improving visibility for all supply chain stakeholders.

Primary product lines include: 

  • Intelligent Carrier Management, which automates the complete freight booking process for large logistics service providers and shippers; and 
  • Intelligent Order Orchestration automates order-related processes between core systems of record and standalone tools such as email and spreadsheets.

The platform also powers a suite of configurable business intelligence dashboards that provide real-time transactional performance insights previously impossible to obtain.

Customers include several global enterprises and large logistics service providers.

FinSMEs

23/02/2023