Tive: Next-Gen Solutions for Efficient Supply Chains

Tive, a leading provider of supply chain and logistics visibility technology, has raised US$40m in a Series C funding round to accelerate its mission of delivering real-time shipment tracking and monitoring solutions.

The funding round, spearheaded by WiL (World Innovation Lab) and Sageview Capital, also saw participation from AVP, RRE Ventures, Two Sigma Ventures, Qualcomm Ventures, Fifth Wall, Supply Chain Ventures and Sorenson Capital.

Transforming supply chains with real-time data

Tive’s solutions enable supply chain and logistics teams to improve risk management, on-time delivery, customer satisfaction and quality assurance by monitoring in-transit shipments’ real-time location and condition across all modes of transport.

The company’s comprehensive offering includes multi-sensor trackers, an advanced cloud platform and a professional services team that provides 24/7 monitoring.

Krenar Komoni, Founder and CEO at Tive, highlights the critical role of data in driving the future of logistics: “In a rapidly emerging world operated by AI agents and large-scale automation, the supply chain and logistics industry is poised to undergo a paradigm shift. The shift rests upon one fundamental need: high-quality, ground truth data captured from each individual shipment.

“The original hypothesis of Tive was that the primary source of data, generated directly from the shipments themselves, is what matters the most—and from that data all the applications, insights and algorithms needed to run best-in-class supply chains would be built.

"Armed with this Series C capital infusion, we are excited to embark in the new chapter of Tive: to build the next-gen innovative solutions that will help our customers run their supply chains even more efficiently.”

Expanding global reach and industry impact

Tive has enjoyed significant growth in recent years, adding more than 350 new customers in 2024 alone. The company now supports in excess of 900 businesses across sectors including pharmaceuticals, life sciences, transportation, food and beverage and high-value goods, with solutions enabling organisations to monitor, analyse and optimise millions of shipments globally.

Andy Cohen, Partner at WiL, emphasises Tive’s leadership in the logistics tech space: “The logistics industry is quickly realising it can now have real-time location, temperature, shock and light exposure tracking at an affordable cost – and Tive has emerged as the leading innovator in the space.

"We’re excited to help Tive continue to expand globally and add value to customers both from trackers and the data they generate.”

Dean Nelson, Senior Partner at Sageview Capital, echoes this sentiment: “Tive’s commitment to solving the toughest supply chain challenges is what sets them apart. This funding will allow Tive to push supply chain industry boundaries even further by delivering real-time shipment visibility and actionable insights to customers around the world.

"Sageview Capital is excited to partner with Krenar and the entire team at Tive to support their growth ambitions.”

Sustainability as a driving force

Tive is also committed to enhancing its sustainability efforts. Through its Green Program, the company has nearly doubled the number of trackers returned and recycled over the past year.

To further promote environmental responsibility, Tive has also launched the Green Impact Leader Awards, which recognise organisations making strides in reducing e-waste through tracker recycling initiatives.

A significant milestone for Tive came in December 2024, when the company sold its two millionth tracker—achieved just 13 months after selling its first million.

The achievement underlines the growing demand for Tive’s solutions as companies increasingly prioritise visibility and efficiency in their supply chains.

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