The SaaS News: Quincus Announces Second Closing of Series B

Quincus, a Singapore-based enterprise SaaS platform that solves global supply chain challenges, announced the second close of its Series B funding.

The round was led by AEI HorizonX, AE Industrial Partners, LP’s ventures platform. AEI HorizonX joins Quincus’ initial series B investors UP. Partners and GGV Capital at over US$100 million.

This latest investment will be used for the expansion of Quincus’ global footprint with an emphasis on commercial growth in the US. Quincus provides the logistics industry with a machine-learning-enabled platform that optimizes and automates shipping operations.

Company: Quincus

Raised: Undisclosed

Round: Series B

Funding Month: November 2021

Lead Investors: AEI HorizonX

Additional Investors: 

Company Website: http://www.quincus.com/

Software Category: Enterprise SaaS platform

About the Company: Quincus is an enterprise SaaS platform that helps solve logistics problems for e-commerce, airlines, freight, and household brands worldwide. Using Quincus’ highly configurable and modular technology, companies can automate manual tasks, maximize resources across supply chains, and build business resilience to thrive. The combination of flexibility, seamless integration, and robust data intelligence provides real-time supply chain visibility and control, helping companies save time and resources. Quincus works with businesses in many industries across the globe to build smarter, more efficient supply chains. Quincus is headquartered in Singapore with a global presence, including Indonesia, Malaysia, Mexico, Taiwan, Vietnam, UAE, the UK, and the US.

Article Link