Financing from RevTek Capital Fuels Growth of Roambee
PHOENIX, ARIZONA, UNITED STATES, August 2023
Phoenix, AZ — Roambee, a leader in supply chain visibility and Intelligence, is entering an exciting new chapter of growth with the support of RevTek Capital, a leading capital provider for innovative and growing companies. Following the successful closure of this financing round, Roambee is poised to accelerate its reach worldwide. Led by industry veteran Sanjay Sharma and a seasoned management team, Roambee is primed to continue delivering on its commitment to producing exceptional results with its best-in-class supply chain visibility and intelligence.
The Roambee executive team is made up of a collective of industry experts on a mission to transform the supply chain landscape. Its focus is improving customer experience, service levels, product quality, order-to-cash cycles, business efficiencies, sustainability, and automating logistics with Roambee’s real-time insights and foresights. 300+ enterprises (including 50 of the top 100 Global Companies in many industries) are improving their customers’ experiences with Roambee’s capabilities and capacities. Its AI-based tracking solutions are winning awards and recognition globally.
Roambee’s innovative AI-powered platform and end-to-end monitoring solutions deliver reliable business signals built on item-level, firsthand IoT sensor data and non-sensor inputs. The outcome is 70% better multimodal ETAs, OTIF deliveries, 80%+ cold chain compliance, and more, including 4X+ ROI on supply chain asset performance.
RevTek Capital Fuels Roambee’s Vision
RevTek Capital recognized the immense potential of Roambee’s innovative approach to enhancing the supply chain landscape. The recent financing round is a testament to RevTek Capital’s commitment to supporting businesses in redefining their industries and helping their customers create exceptional performance, results, and value. Scott Peters, CEO and founder of RevTek Capital expressed his enthusiasm for the relationship: “Roambee’s dedication to helping companies succeed worldwide resonates deeply with our mission at RevTek Capital. We believe that by providing the financial resources they need, Roambee will continue its exceptional performance as it empowers their customers’ business growth.”
Sanjay Sharma, Roambee’s visionary CEO, and his leadership team expressed excitement about this strategic partnership. RevTek Capital’s investment in Roambee is a testament to its commitment to fostering innovation and supporting businesses that drive positive change in their respective fields. This collaboration is set to redefine how businesses engage their supply chain, and it is a journey both companies are eager to embark upon.
For more information about Roambee and its mission to transform supply chain performance, please visit www.Roambee.com.
About RevTek Capital
RevTek Capital is an Industry-leading capital provider that provides strategic debt financing of $3MM to $30MM in tranches to innovative companies with predictable annual recurring revenue (ARR) of $5MM to $75MM. The funding is used for sales growth, acquisitions, and enhancing infrastructure for scaling operations. Each company’s debt structure is customized to its unique accomplishments and circumstances.
RevTek leverages years of lending and entrepreneurial experience. This allows them to provide customized credit solutions to growing companies with predictable recurring revenue nationwide. Our goal is to help entrepreneurs grow their businesses while maximizing enterprise value for owners, management teams, and shareholders. In addition, the professional team at RevTek has many years of experience in marketing and operations to assist their clients.
Key Benefit Summary
- Cost-effective capital for growing tech-enabled companies
- The company leadership retains control
- Repayment is structured into simple and manageable monthly payments
- You have faster access to funding – closing in as little as four weeks
If you need capital to give your tech-enabled business the next boost it needs or need more advice on how to grow your business, please contact us at RevTek Capital today.
To learn more about RevTek Capital, please visit www.revtekcapital.com.