Nulogy announces investment from Rubicon Technology Partners
by CM Staff
The investment by Rubicon will try to accelerate Nulogy's growth strategy as the company continues to scale through new product innovation and go-to-market expansion.
Nulogy & Rubicon Technology Partners (CNW Group/Nulogy Corporation)
TORONTO — Nulogy, a provider of supply chain collaboration solutions, announced that it has secured a strategic investment from Rubicon Technology Partners, a private equity firm based in Boulder, Colorado, that says it is focused exclusively on investing in and growing enterprise software companies.
Nulogy’s multi-enterprise collaboration platform is used by various brands, and for more than a decade has enabled their networks of contract manufacturing, contract packaging, and third-party logistics partners to become suppliers of choice.
The investment by Rubicon will try to accelerate Nulogy’s growth strategy as the company continues to scale through new product innovation and go-to-market expansion, while aiming to deliver greater value and service to its existing customers.
Nulogy is involved in co-packing software. Nulogy’s platform provides purpose-built functionality for digitizing and optimizing the end-to-end contract packaging workflow, enabling co-pack providers to increase efficiency, improve profit margins, and drive growth.
Nulogy says they have expanded its service offerings with the introduction of Nulogy’s Connect Solution and the expansion of its Supplier Collaboration Solution, as well as the launch of the Essential Package for Contract Packers within European markets earlier this year.
“Nulogy is a fast-growing company that is uniquely positioned to tackle some of the most challenging issues in the supply chain industry. We are invigorated by their energy as a forward-thinking company that is developing innovative and differentiated solutions for some of the world’s leading FMCG companies and their external supply chains,” said Vincent Chao, Partner at Rubicon Technology Partners. “Rubicon’s mission is to accelerate the growth of companies like Nulogy, and as a strategic partner we will support Nulogy’s growth by helping them bring new product advancements into new markets around the world. We are thrilled to have the opportunity to partner with such a unique software provider that will shape the future of manufacturing supply chains globally.”
