Tradeverifyd, a supply chain risk management platform designed to help enterprises identify, assess, and mitigate risks before they impact operations, announced that the company raised $4 million in new funding from SJF Ventures.
Businesses struggling to adapt to the impact of shifting trade policies and tariffs on their supply chains face daily realities of delays, unexpected costs, and compliance challenges. And these companies are turning to Tradeverifyd’s predictive intelligence and real-time monitoring. The new funding, which builds on an $8 million Series A round in January, is the result of the platform proving crucial for global enterprises.
Additionally, slowdowns and blank sailings at U.S. ports are the latest evidence of the tumultuous state of global supply chains, as rapidly changing trade regulations and tariffs intersect with geopolitical, environmental, and compliance risks. And Tradeverifyd uses a secure blend of open-source intelligence and first-party data to illuminate supply chains from their final products back to their raw materials, then deploys agentic based AI technology and real-time monitoring to inform enterprises of potential risks.
The platform has proven successful in building resilient supply chains for several of the largest global enterprises. Government agencies, including the Department of Homeland Security and U.S. Customs and Border Protection, utilize the platform. One company using Tradeverifyd avoided $12 million in one-time costs by resolving a supply chain bottleneck, while another achieved a sevenfold increase in operational efficiency.
Across clients, Tradeverifyd consistently delivered significant savings in procurement costs through deep, multi-tier supply chain visibility and proactive risk mitigation. And this momentum helped Tradeverifyd grow its year-over-year revenue tenfold this year.
Tradeverifyd also features secure data sharing and automated documentation management to deliver supplier collaboration at scale, enabling companies to comply with mounting global regulations like the Uyghur Forced Labor Prevention Act (UFLPA) and the EU’s Corporate Sustainability Due Diligence Directive (CSDDD).
Tradeverifyd Score: Another major element of the platform is the Tradeverifyd Score, which is an objective measurement of a supplier’s ability to fulfill orders. And it operates like a credit score for supply chain reliability and allows enterprises to make informed, proactive decisions at every level of their organization.
How the funding will be used: Tradeverifyd will utilize the new funding to further invest in its go-to-market team to meet soaring demand for its agentic AI-powered solution, especially among large enterprises, as well as increase customer support staff to help companies proactively manage risks before they become disruptions.
KEY QUOTES:
“Global supply chains are more vulnerable than ever before. To navigate the chaos, enterprises need visibility deep into their supply chains and predictive intelligence to anticipate and address disruptions. Tradeverifyd’s AI-powered intelligence lets enterprises assess each supplier’s ability to deliver, respond immediately to detentions, and get ahead of future risks. We help enterprises transform chaos into clarity and supply chain risk into a competitive advantage.”
Michael Prorock, founder and CEO of Tradeverifyd
“Global supply chains are experiencing significant disruption due to tariffs, increased regulatory scrutiny, and environmental events. We’ve been tracking the company for some time; Tradeverifyd stands out for its ability to identify and mitigate supply chain risks, ensure compliance, and enhance resilience for enterprise customers. The platform is built for scale and managing complex, multi-tier global supply chains. This investment presents a tremendous opportunity to help businesses navigating trade chaos — and we see enormous growth ahead.”
David Griest, Managing Director at SJF Ventures
