Liquid 2 Ventures

Liquid 2 Ventures, established in 2015, is a San Francisco-based venture capital firm. It specializes in seed-stage investments, focusing on early-stage technology companies, particularly in the software and TMT sectors. The firm, founded by Joe Montana, Mike Miller, and Michael Ma, aims to support and nurture startups during their initial growth phases.

Michael Ma

Co-Founder and Partner

Mike Miller

Co-Founder and Partner

Nathaniel Montana

Partner

Joe Montana

Co-Founder and Managing Partner

Matt Mulvey

Partner

Past deals in Supply Chain Management

EdgeBit

Pre Seed Round in 2023
EdgeBit is a developer of a vulnerability management platform aimed at enhancing supply chain security. The company addresses the growing concerns over data control and security incidents that have affected various organizations. Its platform allows engineers to focus on genuine supply chain risks by cross-referencing build pipelines and server fleets with multiple data sources, thereby providing a real-time inventory of vulnerabilities and associated risks. This approach enables businesses to empower their security teams to prioritize investigations effectively, ensuring that engineers can allocate their time efficiently without unnecessary distractions. By promoting secure data consumption and processing for SaaS services, EdgeBit seeks to restore customer control over data while maintaining operational efficiency.

Conduit

Pre Seed Round in 2023
Conduit is a developer of a dock management platform that automates scheduling for shippers and warehouse teams. The company's software enhances logistics management by facilitating contactless check-in and driver messaging, thereby prioritizing driver safety. It enables businesses to efficiently plan labor needs, make real-time adjustments, and maintain clear communication among all stakeholders involved in the logistics process. By streamlining dock operations, Conduit supports organizations in optimizing their workflows and improving overall efficiency.

Salient Motion

Pre Seed Round in 2022
Salient Motion is an innovative company focused on transforming the American supply chain through its electric motion operating system. The company specializes in developing advanced technology, including standalone inverters, web-based configuration and analytics platforms, and high-performance motors crafted from domestic resources. These solutions are designed to be accessible for businesses of all sizes, allowing designers and operators to effectively create and maintain electric motion systems. By leveraging cutting-edge software and technology, Salient Motion aims to enhance efficiency and performance across various sectors.

Gearflow

Series A in 2022
Gearflow is a company focused on streamlining the parts ordering process for heavy equipment fleets. It offers a user-friendly platform that serves as an outsourced parts and tool manager for small to midsize construction contractors. This platform allows equipment and parts sellers to list their inventories for sale on a national scale, create unique storefronts, and manage various aspects of the sales process. By enhancing access to parts suppliers, improving communication, and providing comprehensive reporting features, Gearflow enables equipment sellers to efficiently track packages and oversee transactions through a single dashboard.

CogBase

Seed Round in 2022
CogBase is a marketplace that specializes in advanced supply chain solutions across high-tech sectors such as robotics, drones, aerospace, energy, and medical devices. The company has developed an internet platform that facilitates collaboration between manufacturers and buyers, enabling them to streamline the product request process. By focusing on enhancing capabilities rather than competing solely on cost, CogBase empowers manufacturers to differentiate their businesses and strengthen supply chains within these innovative industries. The platform supports effective two-way communication, fostering improved relationships between suppliers and customers.

Silo

Series B in 2022
Silo Inc is a U.S.-based company that specializes in automating the perishable supply chain. It connects various stakeholders, including growers, packers, shippers, wholesalers, distributors, retailers, food service providers, processors, and third-party logistics (3PL) providers. Silo offers integrated software solutions and financing services to enhance cash flow and streamline operations. Its platform automates processes such as inventory management, orders, payments, and logistics, utilizing AI and machine learning to adapt to existing workflows and improve efficiency and transparency throughout the supply chain.

Acho

Seed Round in 2022
Acho Inc. is a Boston-based company that operates a digital data warehouse designed to enable users to find, process, and publish data efficiently. The platform allows for the integration of various databases, facilitating the construction of complex data pipelines and the publication of data across different channels. In addition to its data warehousing capabilities, Acho also offers a modern ERP platform that assists operations leaders in unifying business systems, streamlining processes, and managing objectives. The company's tools are tailored for a variety of applications, including human resources, customer relationship management, and robotic process automation, allowing organizations to transform diverse data sources into impactful business applications.

LogixBoard

Series B in 2022
LogixBoard, Inc. is a Seattle-based company founded in 2016 that specializes in developing a cloud-based platform tailored for freight forwarders. This platform enhances transparency and communication between logistics service providers and their customers. LogixBoard offers a white-labeled customer experience software that seamlessly integrates with existing internal systems, allowing for a quick implementation process. The company's software provides tools for customer experience management, real-time tracking, and big data analytics, enabling freight forwarders to adapt to the evolving demands of the supply chain and logistics industry. By leveraging these capabilities, LogixBoard helps its clients improve sales, retain customers, and maintain a competitive edge in a rapidly digitizing market.

Vendease

Seed Round in 2021
Vendease is an online marketplace based in Lagos, Nigeria, that facilitates direct ordering of supplies from farms and food manufacturers for restaurants and hotels in Africa. Founded in 2020, the platform allows food service businesses to digitize and automate their procurement and inventory management processes, enhancing efficiency. By offering a wide range of products, including seafood, vegetables, beverages, and processed foods, Vendease aims to streamline the supply chain for its users, thereby enabling them to focus on customer service. The platform also provides valuable analytics to help businesses improve profitability and reduce waste, making procurement more convenient and transparent.

Gearflow

Seed Round in 2021
Gearflow is a company focused on streamlining the parts ordering process for heavy equipment fleets. It offers a user-friendly platform that serves as an outsourced parts and tool manager for small to midsize construction contractors. This platform allows equipment and parts sellers to list their inventories for sale on a national scale, create unique storefronts, and manage various aspects of the sales process. By enhancing access to parts suppliers, improving communication, and providing comprehensive reporting features, Gearflow enables equipment sellers to efficiently track packages and oversee transactions through a single dashboard.

LogixBoard

Series A in 2021
LogixBoard, Inc. is a Seattle-based company founded in 2016 that specializes in developing a cloud-based platform tailored for freight forwarders. This platform enhances transparency and communication between logistics service providers and their customers. LogixBoard offers a white-labeled customer experience software that seamlessly integrates with existing internal systems, allowing for a quick implementation process. The company's software provides tools for customer experience management, real-time tracking, and big data analytics, enabling freight forwarders to adapt to the evolving demands of the supply chain and logistics industry. By leveraging these capabilities, LogixBoard helps its clients improve sales, retain customers, and maintain a competitive edge in a rapidly digitizing market.

Vendease

Seed Round in 2021
Vendease is an online marketplace based in Lagos, Nigeria, that facilitates direct ordering of supplies from farms and food manufacturers for restaurants and hotels in Africa. Founded in 2020, the platform allows food service businesses to digitize and automate their procurement and inventory management processes, enhancing efficiency. By offering a wide range of products, including seafood, vegetables, beverages, and processed foods, Vendease aims to streamline the supply chain for its users, thereby enabling them to focus on customer service. The platform also provides valuable analytics to help businesses improve profitability and reduce waste, making procurement more convenient and transparent.

LogisticsOS

Pre Seed Round in 2020
LogisticsOS specializes in providing advanced route optimization and fleet dispatching algorithms tailored for last-mile delivery services. The company's innovative technology enables logistics operators to offer same-day and next-hour delivery, significantly enhancing delivery efficiency while reducing operating costs. Notably, LogisticsOS is the creator of the route optimization engine currently utilized by major carriers such as FedEx and USPS. By utilizing advanced algorithms that operate 30 times faster than conventional methods, the company can optimize thousands of deliveries in seconds, resulting in an increase in profit per delivery by 15%. Since its launch, LogisticsOS has achieved an annual recurring revenue of $200,000 with five active clients and a growing sales pipeline, with an ambitious target of reaching $1.2 million in annual recurring revenue by the end of 2021.

Clarium Health

Seed Round in 2020
Clarium Health is a developer of an artificial intelligence-based platform aimed at enhancing healthcare operations. The company's innovative platform automates various business processes within healthcare settings by collecting and analyzing data from existing systems. It filters out noise, errors, and outliers to accurately predict demand, allowing hospitals and healthcare centers to optimize staffing and inventory management. This capability helps prevent shortages and stockouts, reduces supplier lead times, and identifies alternative products when necessary. By empowering healthcare providers with intelligent workflow automation and actionable insights, Clarium Health is transforming the efficiency and effectiveness of healthcare delivery.

Shelf Engine

Series A in 2020
Shelf Engine is a Seattle-based company founded in 2015 that specializes in an automated prediction platform aimed at minimizing food waste in the grocery sector. By employing machine learning and analyzing historical data, the platform accurately forecasts demand for perishable goods, allowing grocery stores to optimize their ordering processes. This innovative approach not only helps retailers avoid out-of-stock situations but also significantly reduces food and beverage waste. Shelf Engine manages the entire ordering process, including vendor management and shelf optimization, which enhances profit margins for grocery stores. The company operates with a unique buy-back model for unsold items, thereby mitigating financial risk for retailers. With a workforce of over 145 employees, Shelf Engine serves leading grocers across thousands of locations in the United States.

Dexterity

Series A in 2020
Dexterity Inc, founded in 2017 and headquartered in Palo Alto, California, specializes in developing robotic dexterity solutions tailored for logistics, warehousing, and supply chain applications. The company offers a 'robots as a service' model, enabling seamless integration of robotics into business operations. Its flagship product, DexR, is a two-armed robot designed for various tasks, including truck loading. Equipped with advanced machine vision and force sensing technologies, Dexterity's robots automate repetitive pick-and-pack tasks and supply full-stack systems for kitting, sorting, and order fulfillment. By delegating mundane tasks to robots, Dexterity helps clients optimize workforce productivity and enhance operational efficiency.

BeGo

Seed Round in 2020
BeGo is a company focused on enhancing the trade dynamics between the United States and Mexico through its innovative marketplace platform. It has developed a fleet management application that assists businesses in tracking the status of their merchandise. This application allows users to find, quote, and book transport fleets while providing real-time updates on the location and status of goods. By offering automatic notifications for key milestones, such as when merchandise is picked up or arrives at its destination, BeGo aims to streamline logistics and improve the efficiency of cross-border trade.

WorkClout

Seed Round in 2020
WorkClout, Inc. is a software-as-a-service (SaaS) company that focuses on enhancing operational efficiency for manufacturers across various industries, including commercial printing, packaging, and automotive. Incorporated in 2018 and based in Newark, Delaware, WorkClout's software provides comprehensive solutions for business intelligence, job scheduling, order management, and quality control. It enables manufacturers to track activities on the factory floor, facilitating the logging of idle time and downtime, as well as streamlining processes such as document control and visual inspections. By leveraging data analytics, WorkClout offers actionable insights aimed at improving productivity and accelerating product-to-market timelines for its clients.

BeGo

Seed Round in 2020
BeGo is a company focused on enhancing the trade dynamics between the United States and Mexico through its innovative marketplace platform. It has developed a fleet management application that assists businesses in tracking the status of their merchandise. This application allows users to find, quote, and book transport fleets while providing real-time updates on the location and status of goods. By offering automatic notifications for key milestones, such as when merchandise is picked up or arrives at its destination, BeGo aims to streamline logistics and improve the efficiency of cross-border trade.

ZeoAuto

Pre Seed Round in 2020
Zeo Auto is a freight management platform based in Mumbai, India, that specializes in tracking and improving fleet operations for commercial vehicles. The platform provides real-time location tracking and integrates with various sensors to monitor critical parameters such as temperature, fuel, and engine status. It assists fleet managers in managing end-to-end operations, which includes capturing orders, assigning drivers, route planning, trip management, and vehicle tracking. Additionally, Zeo Auto offers services like waybill generation to streamline logistics processes. The company aims to be a comprehensive solution for fleet owners by addressing their diverse needs, including load servicing, vehicle maintenance, financing, and insurance.

TrueNorth

Seed Round in 2020
TrueNorth is a technology company based in San Francisco, California, that specializes in software solutions for independent truckers. Founded by Stedge and Sanjaya Wijeratne, the company aims to address inefficiencies in the fragmented trucking industry by providing a comprehensive platform for load management, dispatch coordination, and back-office operations. TrueNorth's software facilitates route optimization and automates tracking, enabling truckers to find dedicated routes and access multiple load boards more effectively. Additionally, the platform assists with critical operational tasks such as managing insurance, fuel, and maintenance, providing resources typically available to larger fleets at a lower cost. Through these offerings, TrueNorth seeks to streamline operations for independent truckers and enhance their ability to secure well-paying jobs.

TrueNorth

Seed Round in 2020
TrueNorth is a technology company based in San Francisco, California, that specializes in software solutions for independent truckers. Founded by Stedge and Sanjaya Wijeratne, the company aims to address inefficiencies in the fragmented trucking industry by providing a comprehensive platform for load management, dispatch coordination, and back-office operations. TrueNorth's software facilitates route optimization and automates tracking, enabling truckers to find dedicated routes and access multiple load boards more effectively. Additionally, the platform assists with critical operational tasks such as managing insurance, fuel, and maintenance, providing resources typically available to larger fleets at a lower cost. Through these offerings, TrueNorth seeks to streamline operations for independent truckers and enhance their ability to secure well-paying jobs.

LogixBoard

Seed Round in 2019
LogixBoard, Inc. is a Seattle-based company founded in 2016 that specializes in developing a cloud-based platform tailored for freight forwarders. This platform enhances transparency and communication between logistics service providers and their customers. LogixBoard offers a white-labeled customer experience software that seamlessly integrates with existing internal systems, allowing for a quick implementation process. The company's software provides tools for customer experience management, real-time tracking, and big data analytics, enabling freight forwarders to adapt to the evolving demands of the supply chain and logistics industry. By leveraging these capabilities, LogixBoard helps its clients improve sales, retain customers, and maintain a competitive edge in a rapidly digitizing market.

Reelables

Pre Seed Round in 2019
Reelables, Inc. is a San Francisco-based company that specializes in the manufacture of ultra-thin wireless Bluetooth labels designed for tracking and monitoring shipments and inventory. The company's innovative products automate supply chain and inventory management processes, leveraging Bluetooth low-energy communication, temperature sensors, and cellular connectivity. These features provide logistics companies and warehouses with real-time location data, temperature readings, and automated inventory audits. By enhancing operational efficiency and minimizing human error, Reelables aims to streamline the logistics and inventory management sectors.

WorkClout

Pre Seed Round in 2019
WorkClout, Inc. is a software-as-a-service (SaaS) company that focuses on enhancing operational efficiency for manufacturers across various industries, including commercial printing, packaging, and automotive. Incorporated in 2018 and based in Newark, Delaware, WorkClout's software provides comprehensive solutions for business intelligence, job scheduling, order management, and quality control. It enables manufacturers to track activities on the factory floor, facilitating the logging of idle time and downtime, as well as streamlining processes such as document control and visual inspections. By leveraging data analytics, WorkClout offers actionable insights aimed at improving productivity and accelerating product-to-market timelines for its clients.

Nowports

Pre Seed Round in 2019
Nowports is a digital freight forwarder that streamlines the import and export process for companies and individuals. It provides a platform that enables users to manage their shipments in real-time, offering features such as freight tracking, booking of cargo, and the ability to request quotes. By integrating artificial intelligence, Nowports enhances the efficiency, security, and transparency of freight transportation. The platform allows users to register frequently used products and providers, facilitating smoother logistics management. With its focus on combining technology and supply chain solutions, Nowports aims to make freight transportation accessible and affordable for businesses, allowing them to move goods conveniently from any port.

Shelf Engine

Seed Round in 2018
Shelf Engine is a Seattle-based company founded in 2015 that specializes in an automated prediction platform aimed at minimizing food waste in the grocery sector. By employing machine learning and analyzing historical data, the platform accurately forecasts demand for perishable goods, allowing grocery stores to optimize their ordering processes. This innovative approach not only helps retailers avoid out-of-stock situations but also significantly reduces food and beverage waste. Shelf Engine manages the entire ordering process, including vendor management and shelf optimization, which enhances profit margins for grocery stores. The company operates with a unique buy-back model for unsold items, thereby mitigating financial risk for retailers. With a workforce of over 145 employees, Shelf Engine serves leading grocers across thousands of locations in the United States.

Dexterity

Pre Seed Round in 2018
Dexterity Inc, founded in 2017 and headquartered in Palo Alto, California, specializes in developing robotic dexterity solutions tailored for logistics, warehousing, and supply chain applications. The company offers a 'robots as a service' model, enabling seamless integration of robotics into business operations. Its flagship product, DexR, is a two-armed robot designed for various tasks, including truck loading. Equipped with advanced machine vision and force sensing technologies, Dexterity's robots automate repetitive pick-and-pack tasks and supply full-stack systems for kitting, sorting, and order fulfillment. By delegating mundane tasks to robots, Dexterity helps clients optimize workforce productivity and enhance operational efficiency.

Craft.co

Seed Round in 2017
Craft is a data and analytics platform that leverages machine learning to create a comprehensive "Source of Truth" on companies and the global economy. By aggregating financial, operational, and human capital data from a multitude of sources, Craft offers detailed sector and company profiles that cater to a wide range of organizations, from startups to large corporations. The platform features tools such as signal alerts, trend analysis, and benchmarking to help users monitor and optimize their supply chains and enterprise ecosystems. Its cloud-based portal is designed to seamlessly integrate into existing workflows, enabling clients to access valuable insights and compare key metrics across various companies worldwide.

Shipwell

Seed Round in 2017
Shipwell, Inc. is a technology company that develops a cloud-based transportation management system designed to optimize and automate the logistics of freight shipping. Founded in 2016 and based in Austin, Texas, Shipwell offers software solutions for managing various freight types, including truckload and less-than-truckload shipments, as well as e-commerce and parcel shipping. The platform enables real-time communication between shippers, brokers, and carriers, facilitating a seamless process for moving goods. Shipwell leverages advanced analytics to identify opportunities within supply chain networks, enhancing operational efficiency. The company's business model includes charging commissions on freight services and fees for its software platform, thereby providing a marketplace for shippers to connect with freight carriers while ensuring competitive rates and effective tracking capabilities.

Lori Systems

Pre Seed Round in 2017
Lori Systems Corp. is a logistics platform founded in 2016 and headquartered in Nairobi, Kenya, with additional offices in Mombasa, Kampala, and Lagos. The company specializes in connecting cargo owners with vetted transporters, addressing the significant logistics costs that account for up to 75% of product expenses in Africa. By leveraging technology, Lori's platform enhances supply chain management through real-time cargo monitoring, electronic documentation, and automated payment processes, thereby improving operational efficiency. Since its launch in May 2017, Lori has achieved substantial growth, boasting a compounded monthly growth rate of 30%. The increasing demand for its tech-enabled logistics solutions reflects the company's success in providing transparency, flexibility, and cost savings to businesses across the continent.

Terminal49

Seed Round in 2017
Terminal49 is a technology company that specializes in automating container tracking and risk management for logistics operators. It offers a platform that provides real-time tracking data through a dashboard and APIs, simplifying the last-mile transportation of freight containers. By developing software infrastructure designed to streamline and automate container tracking tasks, Terminal49 helps clients save labor hours, expedite container movement, and reduce costs associated with demurrage and per diem charges. This focus on efficiency enhances the overall effectiveness of global trade for its users.

Shipamax

Pre Seed Round in 2017
Shipamax Ltd., established in 2016 and headquartered in London, specializes in developing data extraction software solutions tailored to the supply chain industry. The company's core technology is designed to understand and digitize logistics documents, outputting machine-readable formats. This streamlines complex processes involving multiple companies and manual data entry, making the global logistics sector more efficient and adaptable. Shipamax serves freight forwarders, chartering teams, and shipbrokers, offering solutions such as data entry automation, digital transformation, chartering workflow management, and automatic cargo and position lists.

Shelf Engine

Seed Round in 2017
Shelf Engine is a Seattle-based company founded in 2015 that specializes in an automated prediction platform aimed at minimizing food waste in the grocery sector. By employing machine learning and analyzing historical data, the platform accurately forecasts demand for perishable goods, allowing grocery stores to optimize their ordering processes. This innovative approach not only helps retailers avoid out-of-stock situations but also significantly reduces food and beverage waste. Shelf Engine manages the entire ordering process, including vendor management and shelf optimization, which enhances profit margins for grocery stores. The company operates with a unique buy-back model for unsold items, thereby mitigating financial risk for retailers. With a workforce of over 145 employees, Shelf Engine serves leading grocers across thousands of locations in the United States.

Shelf Engine

Pre Seed Round in 2016
Shelf Engine is a Seattle-based company founded in 2015 that specializes in an automated prediction platform aimed at minimizing food waste in the grocery sector. By employing machine learning and analyzing historical data, the platform accurately forecasts demand for perishable goods, allowing grocery stores to optimize their ordering processes. This innovative approach not only helps retailers avoid out-of-stock situations but also significantly reduces food and beverage waste. Shelf Engine manages the entire ordering process, including vendor management and shelf optimization, which enhances profit margins for grocery stores. The company operates with a unique buy-back model for unsold items, thereby mitigating financial risk for retailers. With a workforce of over 145 employees, Shelf Engine serves leading grocers across thousands of locations in the United States.
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