Nulogy, a Supply Chain Software Company, Secures Strategic Backing from US Private Equity Firm Rubicon

Toronto-based Nulogy has secured a significant strategic investment from Rubicon Technology Partners, a private equity firm headquartered in Colorado. The investment comes from Rubicon's fifth private equity fund, totaling $1.7 billion USD. While the exact size of the investment remains undisclosed, it falls within Rubicon's typical investment range of $50 million to $350 million per company.

Nulogy, founded in 2002, offers a collaboration software platform designed to enhance transparency and visibility within supply chains. Targeting fast-moving consumer goods companies in industries such as food and beverage and pharmaceuticals, Nulogy's platform facilitates collaboration among suppliers, manufacturers, and distributors.

According to Jason Tham, Nulogy's co-founder and CEO, the partnership with Rubicon represents a significant milestone for the company, providing the necessary funding and expertise to explore new avenues for growth. Despite the challenges posed by global supply chain disruptions driven by factors like the ongoing pandemic and geopolitical tensions, Nulogy has achieved double-digit growth over the past year.

During this period of growth, Nulogy introduced several new product capabilities aimed at enhancing supply chain collaboration and efficiency. One notable addition is its Connect solution, which automates data delivery between external and internal teams, streamlining communication and improving operational efficiency. Additionally, the company expanded its supplier collaboration solution to encompass customers' extended supplier networks, catering to a broader range of stakeholders. Nulogy also expanded its presence in international markets, launching its package for contract packers in Europe and entering the Latin American market, further solidifying its position as a global leader in supply chain collaboration technology.

Nulogy's recent success can be attributed to its customer growth, with the company serving over 100 customers spanning various sectors such as manufacturing, contract packaging, third-party logistics, and consumer goods. Securing significant deals has been a pivotal moment for Nulogy, propelling its expansion and increasing its market presence.

With the infusion of new funding from Rubicon, Nulogy is poised to embark on further growth initiatives. The company plans to expand its network of suppliers, strengthening its ecosystem and enhancing collaboration within the supply chain. Additionally, Nulogy aims to bolster its data strategy to offer customers improved visibility into their supply chains, enabling more informed decision-making and better risk management.

Despite its history of being bootstrapped, Nulogy's strategic partnership with Rubicon signifies its dedication to innovation and growth in the supply chain collaboration space. By leveraging Rubicon's investment and expertise, Nulogy aims to scale its operations and continue driving forward advancements in supply chain management and collaboration.