EVRYTHNG raises £7.8m in a Series B follow-on round led by IDC Ventures and Simon Eyers to expand product digitization capabilities.
The funding round was led by IDC Ventures and Simon Eyers to support international expansion and product development.
EVRYTHNG manages digital identities for consumer products through its cloud platform, helping brands track items and connect with buyers. The company operates across multiple regions to improve supply chain visibility and sustainability.
EVRYTHNG has secured £7.8m in a Series B follow-on investment round led by IDC Ventures and Simon Eyers. The funding will be deployed to expand the company team, scale product capabilities for end-to-end supply chain traceability, and drive global growth.
The raise follows strong momentum for the business through 2020, during which global brands increasingly adopted product digitization to manage supply chains and direct-to-consumer operations. The firm has formed several strategic partnerships internationally and continues to roll out its cloud platform for major consumer goods businesses.
From the founder
"COVID-19 has made supply chain transparency and visibility absolutely crucial, not only in retail categories such as apparel, pharma and consumer goods, but in healthcare, government and other sectors as well,"
Niall Murphy
CEO and Co-founder at EVRYTHNG
Use of funds
- 01Grow the team
- 02Continue product development
- 03Expand into international markets
Investors
IDC Ventures
Simon Eyers
Sway Ventures
Generation Ventures
Fernbrook Capital
You & Mr Jones
Bloc Ventures
UK Future Fund