INSUBCONTINENT EXCLUSIVE:
Growing D2C brands face an interesting challenge
inventory and manufacturing and shipping a physical product to suppliers.Anvyl, with a fresh $9.3 million in Series A funding, is looking to
jump in and make a difference for those brands
The company, co-founded by chief executive Rodney Manzo, is today announcing the raise, led by Redpoint Ventures, with participation from
existing investors First Round Capital and Company Ventures
Angel investors Kevin Ryan (MongoDB and DoubleClick), Ben Kaufman (Quirky and Camp) and Dan Rose (Facebook) also participated in the
round.Manzo hails from Apple, where with $300 million in spend to manage logistics and supply chain he was still operating in an Excel
He says himself that sourcing, procurement and logistics are in his DNA.Which brings us to Anvyl
Anvyl looks at every step in the logistics process, from manufacture to arrival at the supplier, and visualizes that migration in an
easy-to-understand UI.The difference between Anvyl and other supply chain logistics companies, such as Flexport, is that Anvyl goes all the
way to the very beginning of the supply chain: the factories
submit RFQs, see cost breakdowns and accept quotes.The company also looks at each step in between, including trucks, trains, boats and
planes so that brands can see, in real time, their products go from being manufactured to delivery.Anvyl charges brands a monthly fee using
The company plans to use the funding toward hiring in engineering and marketing, and grow its consumer goods customer base.
