Everstream Analytics has raised a $50M round from J.P. Morgan to help businesses predict supply chain risk.

 

Everstream Analytics has raised a $50M round from J.P. Morgan to help businesses predict supply chain risk.  The company collaborates with Google, SAP, Accenture, Oracle, Deloitte, tive, etc. Everstream offers a software solution that integrates with procurement platforms and generates analysis reports and predictions that help its users improve their supply chain efficiency. Some of the company's clients are: Google, Unilever, Schneider Electric, etc. In addition to J.P. Morgan, StepStone Group and Columbia Capital also participated in the funding round. The company aims to use the funding round to grow its current team by 10% to 15%. Since its inception in 2012, the company has raised over $75M. The company is based in San Marcos, California.