#USA #Wilmington #SaaS #Arkieva #Banneker Partners

Arkieva Secures New Investment to Accelerate Growth

In a significant development for the supply chain industry, Arkieva, a premier provider of supply chain planning software, has announced a strategic growth investment from Banneker Partners. This partnership, which marks crucial progress in Arkieva’s 30-year journey, aims to enhance innovation and scalability within the company.

Strengthening Market Presence

Harpal Singh, CEO of Arkieva, expressed enthusiasm about the collaboration, stating, "We are thrilled to partner with Banneker Partners. Their expertise in scaling software businesses and their deep understanding of the supply chain industry will be invaluable as we embark on our next phase of growth." With this investment, the goal is to refine Arkieva's existing solutions while expanding its reach in the global marketplace.

Arkieva’s Comprehensive Solutions

Over the years, Arkieva has established itself as a leader in supply chain planning software, responsible for managing revenue planning for companies totaling $110 billion. The company’s products are known for their advanced capabilities such as digital twin technology and autonomous control towers. These innovations are pivotal in addressing the challenges faced by modern businesses, including poor visibility and sustainability concerns amid global supply chain disruptions.

"This investment from Banneker Partners aims to empower Arkieva to meet evolving market demands and bolster its leading position in the industry," added Kenneth Frank, a partner at Banneker Partners. With the strategic know-how provided by Banneker, Arkieva anticipates not only sustaining its current trajectory but also achieving substantial growth.

Commitment to Innovation

Banneker Partners is recognized for investing in mission-critical software businesses, aimed at fostering long-term sustainable value without compromising innovation. Harjot Sachdeva, Operating Partner at Banneker, reiterated this commitment, stating, "Arkieva is a unique software company that caters specifically to the needs of the process manufacturing sector, delivering clear ROI for its clients. We are dedicated to supporting Arkieva as they continue to push the envelope in providing exceptional value to their customers."

Collaboration with BGL

Broader efforts involving the investment were facilitated by Brown Gibbons Lang & Company (BGL), an independent investment bank that advised Arkieva during this important milestone. "This new partnership will enable Arkieva to accelerate product innovation and enhance customer value, combining our strengths for greater success," stated Scott Mattson, Head of BGL’s Technology investment banking team.

The Future Looks Bright

With this strategic investment, Arkieva is set to enhance its existing products while developing new solutions that serve the dynamic needs of the industry. Dhiran Singh, Executive VP of Arkieva, described the partnership as a natural step towards empowering businesses with smarter, more adaptable planning solutions. He emphasized that this collaboration brings unique synergies that integrate planning, scheduling, and execution, driving improved business performance for manufacturers.

This investment indicates a positive direction for both Arkieva and Banneker Partners, with expectations of fostering inorganic growth and implementing robust value creation strategies as they address the unique demands of the supply chain market. Arkieva, headquartered in Wilmington, Delaware, continues to offer cutting-edge software solutions and strategic consultations, further solidifying its reputation as a vital player in the supply chain planning landscape. For more information, visit Arkieva's website.