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Supply chain SaaS innovator ketteQ announced today that their second-roundinvestment from industry veterans and influencerscame in significantly oversubscribed. Building on the critical state of the supply chain industry, the company has pivoted into hyper-growth mode with a platform that enables supply chain organizations to plan for, act on and optimize decision making.
ketteQ, part of the Barkawi family of businesses, is set to continuescaling the business through platform innovation, team expansion, additionalstrategic partnerships, and increased sales and marketing. Karim Barkawi, founder of Barkawi Holding Group, stated “After being in the supply chain industry for over 30 years, ketteQ has created a truly innovative platform that is on track to transform and future-proof supply chains globally. We look forward to accelerating our growth with a significant Series A investment round in 2022.”
With decades of experience in supply chain process optimization, the team built ketteQ on Salesforce forstrength in security, scalability, and configurability. The solution delivers lightning-fast data analytics from all sources for a 360-degree view of decision-grade data along with AI/ML-powered scenario planning tools to help organizations resolve supply chain issues before they even occur.
Selected as the solution of choice for some of the world’s most beloved Fortune 500 brands across North America and Asia Pacific, ketteQ has experienced 4x growth in revenues in 2021 and is planning for continued exponential growth in 2022. Capitalizing on the tremendous urgency for solutions in the global supply chain market, industry experts are flocking to ketteQ to support their mission of revolutionizing Supply Chain planning, automation, and execution.
In this morning’s board meeting of investors, ketteQ’s CEO Cy Smith shared “These are exciting times for ketteQ, and I am very grateful to our investors and thrilled for what this latest round of funding enables our teams to bring to the market. We are hyper-focused on creating a paradigm shift in customer service and revenue growth rates for our global roster of clients.”