February 26, 2019

GoExpedi Raises $8M Series A to Reinvent Industrial Procurement

HOUSTON, Feb. 26, 2019 /PRNewswire/ — GoExpedi, an innovative new e-commerce, supply chain and analytics company that is reinventing procurement for industrial and energy MRO (maintenance, repair and operations), today announced it raised $8 million in Series A funding. The investment was led by Crosslink Capital, alongside Bowery Capital, Blue Bear Capital, Hack VC, and SaaS Ventures and other strategic angel investors.

GoExpedi provides over 200,000 critical parts and supplies, with complete transparency on price, supplier choice and availability through its online e-commerce platform. Through these services the company delivers fast, error-free MRO at significantly lower costs than traditional providers. GoExpedi currently serves a diversified portfolio of over 20 customers including one of the top three drilling contractors in the US. Read rest here.