Atlanta (July 19, 2022) - Morris, Manning & Martin advised Vizion, an API-based solution for ocean freight visibility, in its $14 million Series A funding round. The company’s API helps logistics service providers, cargo owners and other stakeholders act on their digital ambitions by integrating essential data and insights into existing enterprise systems and delivering a stronger customer experience. Vizion’s products include visibility APIs, data benchmarking, and enriched, accessible datasets built on fundamentally sound information technology infrastructures. Vizion is based in San Francisco.
Samsung Venture Investment Corporation (SVIC) led the round with participation from Maersk Growth and Valuestream Ventures. In addition, existing investors Tech Square Ventures, Revolution’s Rise of the Rest Seed Fund, MS&AD, 1984 Ventures, and SaaS Ventures from Vizion’s seed round also participated. The funding will drive the continuing maturation of Vizion’s software, the expansion of Vizion’s growing customer base and investment in human capital.
SVIC, based in Seoul, South Korea, plays the role of driving the discovery and development of new businesses and technologies. Maersk Growth, of Copenhagen, Denmark, is the venture arm of A.P. Moller–Maersk – with the mission to digitize, democratize and decarbonize the supply chain. New York’s ValueStream Ventures is a thesis-driven venture firm. Our current thesis is that valuable data and supporting infrastructure can create defensible businesses with more capital-efficient scaling.
The MMM team is led by Nick Rueter with assistance from Andy Klemm, and J.D. Hawkins, all of Atlanta. Vizion announced the funding July 19, 2022.
