PRNewswire/ – GoExpedi, an innovative new e-commerce, supply chain and analytics company that is reinventing procurement for industrial and energy MRO, today announced it raised $8 million.
GoExpedi provides over 200,000 critical parts and supplies, with complete transparency on price, supplier choice and availability through its online e-commerce platform.
GoExpedi currently serves a diversified portfolio of over 20 customers including one of the top three drilling contractors in the US. “We see GoExpedi as an Amazon for the energy industry – a technology platform that allows for easy and one-stop procurement,” said Tim Neal., CEO of GoExpedi.
“Since announcing our first seed round just six months ago in August 2018., GoExpedi has grown over 6 times in size, showing the demand for our product and the ability for technology to revolutionize the industry.”
GoExpedi targets the new era of decision-makers around 30 years of age who are predominantly using online platforms to complete MRO procurement.
With the funding, GoExpedi plans to grow its geographical presence within the US and offshore.
GoExpedi provides over 200,000 critical parts and supplies with complete transparency on price, supplier choice and availability through its online e-commerce platform.