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Angel-Backed Supply Dynamics Acquired by Exiger, Creating First End-to-End Supply Chain Visibility and Supplier Risk Management Solution

Combined solution integrates supply chain risk event monitoring and automated due diligence with advanced item-level visibility and multi-tier supply chain mapping to reduce cost, mitigate risk, and enhance compliance for sourcing, acquisition, and procurement professionals across public and private sectors.

Exiger, the leading SaaS supply chain risk management, third-party risk management and compliance company, announced today that it has acquired Supply Dynamics, one of Queen City Angels’ portfolio companies and the industry’s most sophisticated supply chain collaboration platform for tracking, tracing and choreographing the purchase and supply of subcontracted products, parts, raw materials and ingredients.

“The combination of Exiger and Supply Dynamics is a force multiplier, not only because we believe they are the preeminent player in this market, but because we are equally committed to investing in the capabilities necessary to set a new industry standard that allows for informed, high-level decision-making within a matter of minutes,” said Supply Dynamics Founder and CEO, Trevor Stansbury. The integration of Supply Dynamics’ products will enable end-to-end supply chain visibility and holistic risk management via a single, secure, cloud-based enterprise platform.

“We are delighted to see another of our portfolio companies experience a successful exit,” said Queen City Angels founder and chair Tony Shipley. “We are proud to have supported Supply Dynamics as they built the company to this exciting point,” added Shipley.

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Queen City Angels invested in Supply Dynamics in 2017, serving as the lead investor for that round. “In addition to an investment from QCA’s First Fund V, we had nearly 20 members make personal ‘sidecar’ investments in that round, given our positive assessment of the company’s proposition and management team during due diligence,” said John Habbert, co-manager of QCA’s family of First Funds. Other angel groups who invested include Ohio TechAngel Funds of Columbus, Ohio, managed by Rev1 Ventures.

“It’s been a privilege to work with Trevor, his team and my colleagues on the Supply Dynamics Board,” said Ted Capossela, QCA member and representative on the Board. “The acquisition by Exiger is an important validation of Supply Dynamics’ unique approach to ‘illuminating’ all elements of a customer’s supply chain,” added Capossela.

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“Since we started QCA more than 20 years ago, we have invested over $85 million in more than 100 companies, said Shipley. “Our investments have been leveraged with over $700 million of additional capital invested by others in our portfolio companies. Some of our earlier investments include Assurex Health (where we led the initial investment in the company), T-Pro Solutions, ConnXus, among a group of other successful companies.”

“While we have a very strong current portfolio, we continue our work to identify additional investment opportunities,” said Scott Jacobs, QCA Executive Director. “We continue to see strong ‘deal flow,’ both in the Cincinnati region and beyond.”

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