Forum Ventures

Tusk operates a logistics platform that provides cost-effective shipping services, focusing on enhancing eCommerce capabilities. The company offers a parcel shipping network designed to deliver reliable service with predictable pricing, which helps businesses manage their shipping operations more effectively. By leveraging advanced technology, Tusk aims to reduce transit costs and improve overall supply chain management for its clients, ensuring they have immediate access to broader shipping coverage.

Middle Mile is a Logistic firm offering sollutions to the Ecommerce firm by improving their acquisition cost through DTC Channels.

ProcureSpark is a technology company that specializes in AI-driven solutions for managing and responding to procurement requests, such as RFPs, RFIs, and security questionnaires. Their platform uses generative AI to automatically extract and answer questions, analyze requirements, and provide insights to support decision-making. It also offers features like auto-import, controlled reference material, and encryption for secure content management.

AI enablement for logistics

Vanik develops wholesale automation tools for e-commerce brands selling to retailers. Its platform helps consumer brands and online merchants automate repeat purchases and personalize reorder reminders, automate order fulfillment, and adjust pricing for wholesale products, while streamlining communication with retailers. This enables brands to reduce buyer friction, accelerate repeat purchases, and improve operational efficiency across direct-to-retail and business-to-business channels.

Procuro, Inc., established in April 2001 and co-founded by Vincent P. Gordon and Bernard P. Lee, is a Delaware-based software and services company focused on Cold Chain Management solutions for the food, pharmaceutical, and chemical industries. The company offers a suite of Software as a Service (SaaS) products under the PIMM™/iPIMM™ brand, which include features for cold chain monitoring, product traceability, and supply chain visibility. Procuro's platform allows customers to actively manage and enhance their cold chain operations through functionalities such as temperature monitoring, route monitoring, and asset tracking. By addressing common operational challenges faced by their clients, Procuro aims to automate processes, deliver intelligent notifications, and provide practical insights, thereby improving overall efficiency within the cold chain logistics.

Medreddie is a company that specializes in streamlining clinical procurement and market research within the healthcare sector. It has developed a medical procurement platform that aims to expedite the procurement process for healthcare equipment. Utilizing artificial intelligence, Medreddie's platform surveys the competitive landscape, provides access to fair request for proposal questions, and facilitates meaningful engagement with vendors and peers. This innovative approach enables hospitals to acquire essential equipment more efficiently, ultimately enhancing patient outcomes.

Devolut specializes in enhancing customer experience for businesses through its intelligent algorithms. It facilitates reusable shipments and offers real-time management portal access, aiming to boost sales, reduce costs, improve customer experience, and minimize carbon footprint.

Go from CAD to RFQ in seconds. Fasttrack supplier discovery: Suppliers go through vetting process designed and overseen by industry experts Insanely fast RFx creation: RFx builder enables rapid deployment of RFx's to multiple suppliers Negotiate with confidence: Compare quotes, model should-costs and better understand your contracts with ZentroGPT

Sarus Lifting (www.saruslifting.com) is developing the software platform for moving heavy things, a $254B global opportunity. We are strategically starting with crane planning and optimization to become the all-in-one SaaS platform for the crane & heavy haul vertical. Our software, Lift-Pro, helps these companies save time and reduce risk across their entire project workflow while capturing operational data for insights into efficiency and safety.

Kurier is a virtual shipping carrier specializing in e-commerce. It operates an online platform that models and interconnects regional and local carriers, offering end-to-end delivery services with on-time pickups and deliveries, scalable transportation, and optimal cost.

Tusk operates a logistics platform that provides cost-effective shipping services, focusing on enhancing eCommerce capabilities. The company offers a parcel shipping network designed to deliver reliable service with predictable pricing, which helps businesses manage their shipping operations more effectively. By leveraging advanced technology, Tusk aims to reduce transit costs and improve overall supply chain management for its clients, ensuring they have immediate access to broader shipping coverage.

Arkestro is a technology company specializing in predictive procurement software designed to enhance savings and supply chain performance for businesses. Their platform pre-embeds preferred outcomes into any system or process, allowing companies to orchestrate activities across various systems using instant forecasts and real-time collaboration. By leveraging artificial intelligence, Arkestro's cloud-based automated negotiation software optimizes procurement savings and increases vendor participation, leading to significant cost reductions in managed services and raw materials solicitations.

Silq is a company founded in 2020 by former executives from Flexport, aiming to transform global manufacturing with an emphasis on local expertise, particularly in the apparel and home furnishing sectors. The company specializes in production monitoring technology that equips supply chain managers with real-time insights from the factory floor. This technology enhances product quality, anticipates potential bottlenecks, and minimizes waste while providing critical data on costing, inventory replenishment, and sales forecasting. Through its comprehensive services, including Tech Pack Tune Ups, sampling, production monitoring, and quality assistance, Silq facilitates effective on-site monitoring, enabling inventory managers to streamline operations and improve overall efficiency in the manufacturing process.

Centerpiece Software specializes in providing a business management platform tailored for the food service equipment and supply industry. The company focuses on transforming the management of commercial kitchens by replacing outdated technological systems with a modern, networked software solution. Centerpiece aims to streamline operations by automating manual tasks, reducing redundancy, and optimizing vendor selection processes. Additionally, the platform offers tools for analyzing kitchen projects and monitoring team performance, ultimately enhancing productivity and enabling businesses to operate more efficiently and cost-effectively. Through its innovative approach, Centerpiece seeks to improve the standards of dining experiences outside the home by supporting the vital infrastructure that underpins the food service sector.

Burq is a developer of a delivery management platform that simplifies the process for businesses to offer delivery services to their customers through a single API integration. The platform enables clients to access multiple delivery service providers, allowing them to present various delivery options to meet customer preferences. Burq's solution supports commission-free, on-demand, and same-day delivery, enhancing the last-mile delivery experience for businesses and their customers alike.

Centerpiece Software specializes in providing a business management platform tailored for the food service equipment and supply industry. The company focuses on transforming the management of commercial kitchens by replacing outdated technological systems with a modern, networked software solution. Centerpiece aims to streamline operations by automating manual tasks, reducing redundancy, and optimizing vendor selection processes. Additionally, the platform offers tools for analyzing kitchen projects and monitoring team performance, ultimately enhancing productivity and enabling businesses to operate more efficiently and cost-effectively. Through its innovative approach, Centerpiece seeks to improve the standards of dining experiences outside the home by supporting the vital infrastructure that underpins the food service sector.

OPTIMIZ is a cargo claim management company that provides a cloud-based AI platform to connect cargo owners, insurers, shipping lines, freight forwarders, airlines, and port terminals to streamline and automate claims. Founded in 2018 and headquartered in London with offices in France and Germany, OPTIMIZ digitizes proof of condition and tracks the handling, quality, and condition of cargo across the supply chain to identify problematic activities and accelerate resolution. The platform enables remote inspection of cargo and, in the event of damage, automates the claims process, delivering predictive resolution and cost savings for international traders and their insurers.

Silq is a company founded in 2020 by former executives from Flexport, aiming to transform global manufacturing with an emphasis on local expertise, particularly in the apparel and home furnishing sectors. The company specializes in production monitoring technology that equips supply chain managers with real-time insights from the factory floor. This technology enhances product quality, anticipates potential bottlenecks, and minimizes waste while providing critical data on costing, inventory replenishment, and sales forecasting. Through its comprehensive services, including Tech Pack Tune Ups, sampling, production monitoring, and quality assistance, Silq facilitates effective on-site monitoring, enabling inventory managers to streamline operations and improve overall efficiency in the manufacturing process.

Channel19 operates a digital freight aggregation platform designed for small truckers. It consolidates freight opportunities from various brokers and load boards into a single interface, helping truckers identify profitable loads efficiently. This streamlined process enables users to potentially increase revenue by up to 20% and save over $3,000 annually per truck in dispatch costs.

Sote, Inc. is a technology company based in San Francisco, California, with an additional office in Nairobi, Kenya. Incorporated in 2017, Sote develops a digital customs clearing and freight forwarding platform tailored for the logistics industry. Its software provides a comprehensive workflow tool that allows industrial cargo owners to manage freight clearing and forwarding processes efficiently. The platform features a dashboard that enables users to track shipment status, payment history, and estimated arrival times for containers, facilitating better coordination among all parties involved in logistics. Additionally, Sote is committed to empowering African businesses by leveraging proprietary trade data to address the trade finance gap in the region. By offering reliable credit, risk management, underwriting, and business intelligence, Sote aims to transform the landscape of trade finance and logistics in Africa.

Sote, Inc. is a technology company based in San Francisco, California, with an additional office in Nairobi, Kenya. Incorporated in 2017, Sote develops a digital customs clearing and freight forwarding platform tailored for the logistics industry. Its software provides a comprehensive workflow tool that allows industrial cargo owners to manage freight clearing and forwarding processes efficiently. The platform features a dashboard that enables users to track shipment status, payment history, and estimated arrival times for containers, facilitating better coordination among all parties involved in logistics. Additionally, Sote is committed to empowering African businesses by leveraging proprietary trade data to address the trade finance gap in the region. By offering reliable credit, risk management, underwriting, and business intelligence, Sote aims to transform the landscape of trade finance and logistics in Africa.

StonePaper is a Toronto-based company founded in 2017 that specializes in data governance solutions. Its primary offering is a platform called Koncordant, which facilitates the secure verification of identity and documents. The platform utilizes blockchain technology to track data flow and regulatory compliance across various systems, allowing businesses to manage legal processes efficiently without the need for legal counsel. By integrating digital contracts and ensuring real-time updates on regulatory changes, StonePaper provides organizations with enhanced control over their supply chains and facilitates secure sharing of private documents with governments and other entities.

VendorPM is a software company that specializes in vendor management and procurement solutions for the property management industry. Founded in 2019 and headquartered in Toronto, Ontario, VendorPM connects property managers with a network of reputable vendors, facilitating vendor sourcing, management, and compliance for various building services. The company's innovative ranking algorithm ensures that the top vendors listed are not only qualified but also available to undertake the necessary work. By streamlining the process of connecting property managers with vendors, VendorPM enhances efficiency in fulfilling building service contracts of all sizes and scopes, while also enabling vendors to effectively market their services.

The Main Tab is a curated wholesale platform founded in 2018 that connects luxury brands with independent boutiques. It simplifies the wholesale process by providing a centralized website where retailers can browse a diverse selection of products, including home and dining items, lifestyle goods, beauty and wellness products, fragrances, and accessories. By facilitating a systematized marketplace, The Main Tab allows brands to reach a wider audience while enabling retailers to conveniently discover and place orders for high-quality merchandise from coveted brands and boutiques.

The Main Tab is a curated wholesale platform founded in 2018 that connects luxury brands with independent boutiques. It simplifies the wholesale process by providing a centralized website where retailers can browse a diverse selection of products, including home and dining items, lifestyle goods, beauty and wellness products, fragrances, and accessories. By facilitating a systematized marketplace, The Main Tab allows brands to reach a wider audience while enabling retailers to conveniently discover and place orders for high-quality merchandise from coveted brands and boutiques.

PlatoonX is a freight brokerage marketplace that facilitates connections between shippers and available carrier capacity for truck freight. The company offers a platform designed to simplify the movement of truckload freight, enabling shippers and brokers to collaborate with carriers effectively. By providing small trucking companies with access to advanced technology, PlatoonX helps them compete with larger carriers, fostering growth and sustainability. The platform also allows shippers to track freight movements in real time and manage all their truck freight operations from a single interface, streamlining the logistics process.

CoProcure, Inc. operates a cooperative purchasing platform designed to assist local governments in finding and utilizing shared purchasing contracts. Established in 2018 and based in San Francisco, CoProcure addresses the information gap in public purchasing, where local U.S. governments spend approximately $1.5 trillion annually. By enabling government buyers to access a marketplace of competitively bid contracts from various local agencies and cooperatives, CoProcure streamlines the procurement process, which traditionally involves lengthy competitive bidding. This platform allows government employees to save time and taxpayer money by reusing existing contracts instead of initiating new ones. CoProcure does not engage in direct sales to governments, thereby simplifying the procurement process for both government buyers and suppliers.

CoProcure, Inc. operates a cooperative purchasing platform designed to assist local governments in finding and utilizing shared purchasing contracts. Established in 2018 and based in San Francisco, CoProcure addresses the information gap in public purchasing, where local U.S. governments spend approximately $1.5 trillion annually. By enabling government buyers to access a marketplace of competitively bid contracts from various local agencies and cooperatives, CoProcure streamlines the procurement process, which traditionally involves lengthy competitive bidding. This platform allows government employees to save time and taxpayer money by reusing existing contracts instead of initiating new ones. CoProcure does not engage in direct sales to governments, thereby simplifying the procurement process for both government buyers and suppliers.

Arkestro is a technology company specializing in predictive procurement software designed to enhance savings and supply chain performance for businesses. Their platform pre-embeds preferred outcomes into any system or process, allowing companies to orchestrate activities across various systems using instant forecasts and real-time collaboration. By leveraging artificial intelligence, Arkestro's cloud-based automated negotiation software optimizes procurement savings and increases vendor participation, leading to significant cost reductions in managed services and raw materials solicitations.

Bundle Inc operates a web platform designed for industrial buyers to streamline the management of inventory and supplies. Founded in 2017 and based in San Francisco, California, the platform enables users to monitor their inventory in real-time and place orders as needed, all from a single portal accessible via web or mobile application. This integrated approach simplifies the procurement process for businesses, enhancing efficiency and organization in supply management.

Vianza Inc. is a San Francisco-based company that provides a B2B wholesale collaboration and commerce platform designed to connect independent brands with specialty retailers. Founded in 2009, Vianza's platform simplifies the process of online collaboration, order management, and payment processing, enabling retailers to create customized wholesale storefronts. This allows buyers to curate their product assortments, negotiate terms, and manage orders efficiently through a dedicated dashboard. By offering tools for marketing, sales, and customer support, Vianza helps brands attract and retain wholesale customers. The company addresses the needs of a significant number of merchants worldwide who currently rely on outdated methods for product sourcing and collaboration, providing a modern solution that enhances the wholesale buying experience.

ZenPurchase, Inc. is a San Francisco-based company that offers a collaborative B2B purchasing platform designed for large organizations, particularly procurement departments within Fortune 1000 enterprises. The platform aims to modernize the procurement process by facilitating efficient management of supplier relationships, from the initial request for proposal (RFP) to supplier onboarding and performance management. Unlike traditional procurement software solutions, which can be cumbersome and costly to implement, ZenPurchase provides a cloud-based, agile alternative that is responsive to the specific needs of its clients. The company's innovative approach enhances visibility and engagement in the RFP process, accelerates procurement operations, and simplifies supplier interactions, ultimately driving more effective purchasing strategies. As of early 2015, ZenPurchase operates as a subsidiary of Coupa Software Incorporated.