Blue Yonder Acquisition, Valuation, Funding & Investors

Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.

Meicai is a Beijing-based business-to-business platform that supplies fresh produce, meat and other ingredients to small and medium-sized restaurants across China. Its app lets restaurant buyers order directly from farms and suppliers, and the company runs its own warehouses, delivery teams and trucks rather than relying on traditional wholesale middlemen. Meicai was founded in 2014 and is led by chief executive Liu Chuanjun. It reported sales of nearly RMB 8 billion in 2017 and RMB 22 billion in 2018, and its investors include ZhenFund, Blue Lake Capital, Shunwei Capital, GGV Capital, CMC Capital, Tiger Global and Hillhouse, with an October 2018 round of about $800 million valuing it at $7 billion. Total financing exceeded RMB 10 billion and no new round was announced after October 2018. In 2021 the company cut roughly half of its staff and moved from a direct-sales model towards a platform model, closing warehouses in 15 core cities.

Ingram Micro Holding Corp is a technology company for the global information technology ecosystem. The company plays a vital role in the IT sales channel, bringing products and services from technology manufacturers and cloud providers to business-to-business technology experts. The company also provide a broad range of technology services, including financing, specialized marketing, and lifecycle management, as well as technical pre- and post-sales professional support.

RELEX Solutions is a software company that provides a unified supply chain and retail planning platform. The platform covers demand forecasting, inventory replenishment, merchandising, space and assortment planning, workforce planning and production planning for retailers, wholesalers and consumer goods manufacturers. The company is headquartered in Helsinki, Finland, and was founded in 2005 by Mikko Karkkainen, Johanna Smaros and Michael Falck, who built it out of research at Helsinki University of Technology. It sells its cloud software on a subscription basis and adds implementation and consulting services around it. RELEX has grown both organically and through acquisitions of smaller planning and optimisation software vendors in Finland, France, Spain, the United Kingdom and elsewhere. Its customers are grocery, fashion, home improvement, pharmacy and convenience retailers and consumer goods producers across Europe, North America, Asia and Australia, and it operates offices on several continents. Growth equity investors including Summit Partners, TCV and Blackstone have backed the company since 2015.

Workato is a software company that provides a cloud platform for enterprise automation, application integration and AI orchestration. Its platform connects thousands of business applications and databases and lets IT teams and business users build workflows, called recipes, without writing custom integrations. Products cover integration, process automation, API management, data orchestration, document processing and agent tooling for enterprise AI. The company sells subscriptions to large and mid-sized organizations, with usage-based pricing on tasks, across technology, financial services, retail, logistics and healthcare. Workato was founded in 2013 by Vijay Tella, Gautham Viswanathan, Harish Shetty and Dimitris Kogias, and it is headquartered in Mountain View, California. It has grown partly through small acquisitions of AI and connector businesses.

Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers worldwide.

Kinaxis Inc is a provider of cloud-based subscription software that enables its customers to improve and accelerate analysis and decision-making across their supply chain operations. The company has operations in the United States, Japan, Hong Kong, The Netherlands, South Korea, the United Kingdom, Romania, Mexico, Singapore, France, Ireland, Germany, India, and Canada, and a majority of the revenue comes from the United States.

Wuchan Zhongda Group Co Ltd is engaged in industrial investment, equity investment, asset management, investment management, management consulting, information consulting services. It is also engaged in car sales and leasing, e-commerce technology services, used car transactions and services.

Jiangsu Hoperun Software Co Ltd provides software outsourcing services for professional fields. Its main products include supply chain management software, intelligent terminal embedded software, and smart grid IT software outsourcing services.

o9 Solutions is a Dallas-headquartered provider of AI-powered supply chain planning platforms, enabling integrated demand forecasting, inventory optimization, and P&L analytics. The Digital Brain unifies data across sales, operations, and finance for clients like Unilever and Google. Founded in 2009, o9 Solutions serves consumer goods and retail sectors globally through cloud deployment.

Zetwerk is a Bengaluru-headquartered online manufacturing marketplace connecting enterprises with a network of over 6,000 vetted suppliers across India. The platform facilitates procurement of custom components like machined parts, castings, forgings, and assemblies for industries including renewables, defense, and heavy machinery. Zetwerk serves clients such as Siemens, GE, and L&T, offering end-to-end supply chain management from design validation to delivery. Founded in 2018, the company operates facilities in states like Karnataka, Tamil Nadu, and Maharashtra, enabling rapid prototyping and large-scale production with quality certifications including ISO 9001.

SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. The company has one operating segment Supply Chain Management Solutions, that derives revenues from customers by providing access to cloud-based supply chain management services, primarily under subscription-based service arrangements.

project44 is a Chicago-headquartered supply chain visibility platform connecting shippers and carriers worldwide. The company manages end-to-end visibility for shipments in manufacturing, automotive, retail, life sciences, food and beverage, consumer packaged goods, and oil, chemical, and gas sectors. Recognized as a leader in the Gartner Magic Quadrant for Supply Chain Planning Solutions and FreightWaves FreightTech rankings, project44 maintains offices in 15 locations including Amsterdam, Kraków, Paris, São Paulo, Shanghai, and Tokyo. Its platform enhances predictability, resiliency, and sustainability through advanced tracking and analytics features.

Xiamen Xiangyu Co Ltd provides supply chain and circulation services in the People's Republic of China. It supplies plastic chemicals, agricultural products, metallic ores, forest products, and mechanical and electrical products. The company also offers various integrated logistics services comprising the international purchase and distribution, international multimodal transport, domestic door-to-door logistics and financial logistics.

Jusda is a Shanghai-headquartered supply chain management platform serving Foxconn Technology Group with global C2C services. The company integrates trading, logistics, information, capital, and technology flows for electronics manufacturing, handling procurement from components to consumer delivery. Jusda operates warehouses in China, Vietnam, and India, supporting 100,000 suppliers and processing billions in annual transactions.

Smart Fabric is a SaaS cloud ERP platform that digitizes textile production and trade processes in China. The system links downstream garment factories and brands with upstream spinning mills, printing and dyeing factories, and weaving mills by breaking down customer orders. Internet of Things integration and ordering systems coordinate fabric production across participating factories. As an intelligent dispatching center, it facilitates collaboration among suppliers, manufacturers, and factories throughout the clothing supply chain.

GigaCloud Technology Inc provides end-to-end and B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which is referred to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia with resellers in the U.S., Asia, and Europe to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price. It earns the majority of its revenue from the United States.

Tradeshift is a San Francisco-headquartered e-invoicing and supply chain platform founded in Copenhagen in 2008. It connects buyers including DHL, Airbus, and Unilever with suppliers in over 50 countries for procure-to-pay automation. Services cover digital invoicing, early payments, risk mitigation, and financing through APIs integrated with ERP systems like SAP and Oracle. The network eliminates paper processes for global transactions in manufacturing and logistics sectors.