Toronto-based Nulogy Raises $7.5 Million

Toronto-based Nulogy has raised $7.5 million from Red Sky Capital Management, Silicon Valley Bank and existing investors. The supply chain enterprise software company says the funds will assist them to “further extend its market leadership” and create innovative solutions.

Nulogy has a mission “to improve lives by making it easier for companies to bring personalized products to consumers.” Nulogy CEO’s Jason Tham, said, “We are excited to partner with a large institutional fund that takes a long-term stance in building lasting companies.”

“Over the past decade, Nulogy has been redefining the way co-manufacturers and co-packagers are leveraging cloud technologies and data analytics to improve the way consumer products are brought to market,” stated Timothy Lazaris, CEO of Red Sky Capital Management. “Nulogy already counts many of the world’s largest supply chain and consumer brands companies as satisfied customers. With more money in the bank, Nulogy can invest further R&D into its products and services to best serve customers and scale up its global expansion. Nulogy’s vision for the future is tremendous, and with the funding, we look to extend Nulogy’s market leadership and fast-track the innovations being brought to their customers.”

Below is a video that highlights customer feedback using Nulogy products.

Ian Hardy

Ian Hardy

Ian is the Director of Partnerships for BetaKit. He's been quietly creating and building things for years and is completely addicted to Tim Hortons.