Supplier management software SupplyHive raises $2M
By Jim Dallke – Senior Editor, Chicago Inno August 04, 2021
SupplyHive, a Chicago software startup that helps large companies rate and review their suppliers, is catching on with several well-known brands and is preparing to grow with a fresh round of funding.
SupplyHive announced it raised a $2 million seed round led by LOUD Capital, along with Revolution’s Rise of the Rest Seed Fund and Cleveland Avenue’s CAST US fund. Cleveland Avenue was founded by former McDonald’s CEO Don Thompson and earlier this year raised a $70 million fund to invest specifically in Black, Latinx and women-owned companies in Chicago.
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