Roambee Raises $15.2 Million To Automate Shipment And Asset Monitoring

Roambee Raises $15.2 Million To Automate Shipment And Asset Monitoring

by NeoTech Post

Roambee, an on-demand shipment and asset monitoring platform serving the manufacturing, logistics, transportation, finance, pharmaceutical, and automotive industries, raised $15.2 million in an additional Series B funding round.

The funding round was led by Anchor Group and Comcraft. Intuitive Ventures, Jebsen & Jessen, Telkomsel, and industrialist Anant Singhania also participated in the round.

The company plans to use the new funds to expand its operations and accelerate sales globally.

Roambee offers a real-time, multi-sensor, visibility solution to monitor goods and assets indoor, outdoor, and in-transit to eliminate business disruptions. The company’s solution enables those responsible for supply chain and/or field asset performance a real-time window into a number of critical metrics and situations (current location, cold chain, security breach, such as tampering, route deviation, chain of custody, and more) when their shipments or assets are in-transit or afield, to help proactively address any discrepancies. 

“Roambee delivers a proven end-to-end goods and asset monitoring solution,” said Anchor Group’s Managing Partner Dweep Chanana. “As a first step to creating connected supply chains, their integrated approach has resonated strongly with major enterprises who are undertaking major deployments – establishing Roambee as a clear leader in this field. We are excited to support them in scaling up to meet demand as more organizations recognize the need for and value from real-time supply chain monitoring.”

The company has more than 200 paying customers in Brazil, Mexico, India, Germany, UK, and UAE.