Cargo monitoring technology specialist Arviem raises $10m funding

Cargo monitoring technology specialist Arviem raises $10m funding

Arviem, a Switzerland-based company that provides IoT enabled cargo monitoring and supply chain data analytics services, has raised close to $10m in its series B investment round.

The Series B investment round – which takes Arviem’s total funding to $15m –  was led by SICPA, a provider of secured identification, traceability and authentication solutions and services. Additional funds are coming from existing investors Swisscom and Verve Capital Partners, as well as new investors such as hiQ Solutions, Chanco Holding, NEST and private investors. SICPA and some private investors will join the Board of Arviem.

Arviem says that its IoT technology “creates transparency in supply chains, eliminates logistics blind spots by connecting intermodal shipping containers, cargo, vessels, and trailers to a cloud-based data analytics platform”. Arviem added that its “pay per use pricing model sets the company apart from competitors as it enables corporate clients to roll out the service easily, without the burden of introducing new process or investing into hardware, software or staff”.

Stefan Reidy, the founder and CEO of Arviem, said: “To continually support the needs of the industry, the new funding will be used for expanding our service portfolio leveraging the mass of data that we have collected over the years. Developing our services in supply chain financing and supply chain risk profiling with the aim of creating a ‘one-stop-shop service’ (or so-called supply chain service ecosystem) will be our next milestone.”


Relevant Directory Listings

Listing image

Glimmernet Technologies

Glimmernet Technologies is a leading provider of application development and web design. For the past sixteen years, Glimmernet Technologies has provided software development and web design services to companies looking to modernize their existing applications, automate business processes, and create effective workflow solutions for their […]

Find out more

Other Directory Listings

About The Author

Ian Taylor

Ian Taylor is the Editor of Triangle’s Mail & Express Review Magazine and the portal. Ian has been a business journalist for almost 30 years, editing and writing for a wide range of magazines and newspapers with a particular focus on the transport and logistics industries.



MER Magazine

The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a a must-read for those who want the inside track on the industry.


P&P Poll


In the future, what type of food will we see delivered more often through domestic letter boxes?

Thank you for voting
You have already voted on this poll!
Please select an option!

Pin It on Pinterest

Share This