Peoria, Ill. – May 5, 2022 – TADA Cognitive Solutions (Tada), the leading supply chain visibility and intelligence platform, today announced it has secured a $10.4 million Series A funding round led by Serra Ventures, with participation from existing investors including Rockwell Automation Ventures, Mitsui USA Foundation, and Inventure. This investment will be used to expand Tada’s go-to-market capabilities, accelerate product development, and grow the team.
“This investment is a testament to the value that Tada is delivering to our customers,” said Seshadri Guha, CEO of Tada Cognitive Solutions. “With this funding, we will be able to accelerate our growth and help more companies build more resilient and efficient supply chains.”
Tada’s platform helps companies monitor, predict, and mitigate disruptions across multi-tier supply networks. The platform integrates data from multiple sources, applies AI and machine learning to identify risks and opportunities, and provides actionable insights to supply chain teams.
“We are excited to lead this investment in Tada,” said Tim Hoerr, Managing Partner at Serra Ventures. “Tada has built an impressive platform that is delivering real value to its customers. We look forward to supporting the company as it continues to grow and expand its market reach.”
Tada’s platform is used by leading manufacturers, CPG companies, and healthcare organizations to manage their complex supply chains. The company has experienced significant growth over the past year, driven by increasing demand for supply chain visibility and resilience solutions.
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