Overview

Inspectorio offers a platform for managing quality, compliance, and production tracking, primarily aimed at the retail industry. The platform helps businesses streamline their manufacturing processes by reducing manual tasks, which allows for better resource allocation and performance optimization. It provides real-time data that enables companies to make informed decisions and gain full visibility into their production chains, helping them identify areas for improvement. Unlike many competitors, Inspectorio focuses on enhancing quality control and reducing waste, addressing the issue where a large percentage of products are made before quality checks are completed. The goal of Inspectorio is to improve efficiency and transparency in the production process, ultimately helping businesses reduce costs and enhance their competitiveness.

Simplify's Take

What believers are saying

• Growing demand for supply chain transparency aligns with Inspectorio's platform capabilities.
• AI-driven quality control solutions present significant market opportunities for Inspectorio.
• The shift towards sustainable sourcing practices increases demand for Inspectorio's compliance tracking.

What critics are saying

• Competitors adopting AI in supply chain management could erode Inspectorio's competitive advantage.
• Partnership with Open Supply Hub may expose Inspectorio to data privacy risks.
• New CEO Chirag Patel's strategic shifts may not align with current client expectations.

What makes Inspectorio unique

• Inspectorio provides a comprehensive platform for quality, compliance, and production tracking.
• The platform leverages AI to enhance supply chain transparency and efficiency.
• Inspectorio serves major retailers, including three of the world's top five largest.

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Funding

Total Funding

$64.7M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:

Insight Partners

Notable Investors:

Insight Partners

$50,000,000

Series B

Jan 2022

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Above Average

Industry standards

Ind Avg. $35M

$4M

$30M

$45M

$50M

$65M

$100M

View all funding stages