Silo

Silo

SaaS and financing for perishable logistics

Overview

Silo provides software and financing solutions for the food supply chain to help businesses manage perishable goods more efficiently. It combines SaaS tools for inventory, orders, payments, and logistics with financial services like Instant Pay and Cash Advance to improve liquidity and cash flow. Revenue comes from subscription fees for the software and service charges for financial offerings. By streamlining operations and offering financing, Silo aims to help food‑related businesses stay competitive in a demanding market.

About Silo

Simplify's Rating
Why Silo is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Food & Agriculture

Enterprise Software

Fintech

Financial Services

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$304M

Headquarters

San Francisco, California

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Pet Tiger acquisition consolidates software tools for produce supply chain growth.
  • Koch Disruptive Technologies led $32M Series C on July 13, 2023.
  • Jefferies provides up to $100M financing since June 30, 2022.

What critics are saying

  • Delinquent loans halt lending, slashing revenue and triggering 30% layoffs.
  • Pet Tiger integration fails, diluting focus on core produce software.
  • Jefferies withdraws $100M line due to lending delinquencies in 12 months.

What makes Silo unique

  • Silo integrates SaaS for inventory, orders, payments, logistics with Instant Pay financing.
  • Silo targets perishable goods supply chain, streamlining operations for produce distributors.
  • Silo Capital offers Cash Advance to boost cash flow in competitive food markets.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$304M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-2%
openPR
Nov 19th, 2025
Pet Tiger Joins Silo in Strategic Acquisition Backed by Banneker Partners, Guided by Broker David Jacobs

Silo technologies have acquired Pet Tiger Orange Enterprises in a deal that was supported by Banneker Partners The acquisition is a significant advancement in consolidation of software tools that serve the produce and food supply chain It shows the growing ...

TechCrunch
May 22nd, 2024
Silo lays off 30% amid M&A talks

Silo, a Bay Area food supply chain software startup, laid off ~30% of its staff, over two dozen employees, amid M&A discussions. The layoffs were due to revenue drops caused by a delinquent customer loan, which led to a pause in Silo's lending product. Silo has since resolved the issue with its banking partner and can lend again but will proceed cautiously. The company provided severance packages and recruiting support to affected employees.

AgFunderNews
Dec 28th, 2023
The Top 20 Agtech Deals Of 2023

Disclosure: AgFunderNews’ parent company is AgFunder. Agtech deals of 2023 followed much the same trajectory as other tech sectors, with lower valuations and far fewer mega-rounds than seen in the VC heyday of 2021 and early 2022. This year also saw a shift towards more investment in climate-focused solutions, hence the multiple waste-to-energy startups and carbon-related companies on the list below. Ag biotechnology, which includes the biologicals sector, was another strong category this year

Perishable News
Dec 13th, 2023
Silo Technologies' Explosive Growth Secures Additional Investment from Koch Disruptive Technologies with Follow on Funding

The additional funding will advance Silo's capacity to develop modular solutions that encompass inventory management, freight logistics, enhanced order management, modern payment options, and innovative capital solutions.

PYMNTS
Aug 4th, 2023
Loginext Launches Payment Module That Helps Enterprises Select Carriers

LogiNext has launched a payment module that helps enterprises select carriers and manage payments. The new module facilitates better decisions in choosing carrier partners by comparing the charges of different carriers and drivers via rate charts that are enabled by artificial intelligence (AI) and automation, the logistics automation firm said in a Thursday (Aug. 3) press release. The module considers product specification, delivery distance, discounts and other factors essential to selecting a carrier, according to the release

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Silo right now.

Find jobs on Simplify and start your career today

We update Silo's jobs every few hours, so check again soon! Browse all jobs →