Israeli startup Unity SCM, a provider of an enterprise-scale supply chain management solution, has raised $8 million in a Series A funding round. The round was led by Vertex Ventures Israel, with participation from UpWest, Vertex Ventures US, Dan Scheinman, and Ariel Maislos. This brings Unity SCM's total funding to date to $13.2 million.
The platform developed by Unity SCM helps companies avoid disruptions and improve visibility in their supply chain systems. It addresses common supply chain issues such as collecting and integrating supply chain data, providing customers with timely information about shipments and inventory readiness.
Unity SCM's CEO, Amir Taichman, highlighted the challenges of modernizing supply chain operations due to the existence of disparate data silos. The company's solution interacts with systems such as SAP and Oracle to provide a single, accessible view of data. The funds raised will be used to expand the platform to more customers and into new markets.
Unity SCM aims to transform supply chain data into strategic assets and a competitive advantage for its customers. Its comprehensive approach enables customers to create end-to-end visibility, early disruption detection, and a faster, more efficient response to changes. Backers of Unity SCM include notable investors and business leaders from companies like Zoom, Arista, SentinelOne, Ironsource, and Anobit.