SAN FRANCISCO – A team of ESG, enterprise software, supply chain operations and logistics experts today introduce Backbone, the first and only supply chain mesh network.
The global supply chain is inefficient and increasingly unstable, with companies facing unforeseen hurdles and struggling to meet customer expectations — resulting in lost sales, lost profit, and loss in market share.
A supply chain mesh model makes it so that the failure of any one vendor or provider will have only minimal effect on a business, which is paramount to long-term success.
Backbone raised $14M in seed funding from Nautilus Ventures, 12/12 Ventures, and individual investors including John Battelle .
The company spent four years in stealth, quietly honing its mesh network supply chain management in highly regulated industries, which tend to introduce more complexity and a higher barrier to entry compared to non-regulated counterparts.
Backbone is engaged with a number of companies across highly regulated industries from cannabis and hemp, to produce and agriculture and controlled substance pharmaceuticals, spanning 19 states and five countries.
Backbone was founded by former Oracle Netsuite, Intuit, Sage Intacct, Microsoft and LinkedIn alums, with over two decades of experience in finance, enterprise software and data and supply chain optimization.