Everstream Analytics, a San Marcos, CA-based supply chain insights and risk analytics company, raised $50M in Series B funding.
The round was co-led by Morgan Stanley Investment Management as part of its 1GT private equity platform, and StepStone Group, with participation from existing investor Columbia Capital.
The company intends to use the funds to further expand operations and its development efforts.
Led by CEO Julie Gerdeman, Everstream Analytics applies artificial intelligence and predictive analytics to its proprietary dataset to deliver the predictive insights and risk analytics businesses need for an autonomous and sustainable supply chain. Its solution integrates with procurement, logistics and business continuity platforms generating the information, analysis, and accurate predictions required to turn the supply chain into a business asset.
In addition to its global client community, the company continues to expand its partner ecosystem with collaborators such as SAP, Accenture, tive, Oracle, project44, Deloitte, FourKites, infor, BlueYonder, Kinaxis, Bain & Company, Camelot, and others.
FinSMEs
04/04/2023