Apax Digital Funds invests in Inspectorio
The AI-powered platform connects global brands and retailers with over 40,000 suppliers and factories, enabling real-time visibility and predictive insights across production chains.
Takeaways
- Inspectorio is a AI-powered supply chain quality and compliance platform.
- Apax Digital Funds is acquiring Inspectorio with backing from Apax Partners LLP.
- The business serves retail and consumer brands.
Inspectorio received a growth investment from Apax Digital Funds.
The Minneapolis-based software company connects brands and retailers with more than 40,000 suppliers and factories, giving customers tools for quality management, product compliance, supplier audits and supply-chain traceability.
Its Paramo AI platform uses data from across the production network to identify risks and benchmark supplier performance.
Inspectorio said the investment will support product development, commercial hiring and expansion into additional industries.
Financial terms were not disclosed.
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