- Total Equity Funding
- $5.6M in 3 Rounds from 4 Investors
- Most Recent Funding
- Seed on May 18, 2012 / Undisclosed Amount
- Cambridge, MA
- Panjiva is an information platform for global trade professionals, providing a marketplace for international buyers and sellers to connect.
- Josh Green, James Psota
- Search Engine, Analytics, Data Mining, Logistics, Manufacturing
Panjiva hosts a database of information on over 700,000 suppliers, including recent shipments, customer lists, credit reports, certification details, and denied parties lists. It claims to be the first and only online information source designed to provide complete transparency into overseas suppliers. According Jeff Silberman, chair of the department of textile development and marketing at New York's Fashion Institute of Technology "Panjiva is not just innovative, it's revolutionary"
By collecting market data from suppliers, Panjiva is also able to produce details of trends within sectors. Information published by Panjiva has been used by news websites such as FT.com and CNNMoney.com.
Josh Green was working at an electronics company in Summer of 2005 when he was asked to find a replacement for one of the company's existing suppliers. "Naively, I thought this would be easy" said Panjiva co-founder Green, "but I soon discovered two things. First, that there is no shortage of information about companies on the web. And second, that almost none of it is either objective or useful in identifying trustworthy suppliers. When I talked the problem over with my MIT friend Jim Psota, Panjiva was born."
Panjiva started out with the name "GlobalReferenceCheck," but sensing that a new name might simplify branding and marketing, co-founders Green and Psota played on Pangaea, the word for the supercontinent that existed before the component continents were separated into their current configuration, to arrive at Panjiva.
Funding Rounds (3) - $5.6MUpdate
|Aug 7, 2016||Press Telegram - Why Port of Los Angeles spent a quarter-million dollars to bring in a megaship|
|Jun 1, 2016||PE HUB - Battery completes Alogent acquisition|
|Apr 19, 2016||PE HUB - Battery Ventures to buy Goldleaf Enterprise Payments|
|Mar 3, 2016||Huffington Post - Tech - The Rise of the Robots -- Friend or Foe for Developing Countries?|
|Jun 22, 2015||Wired News - Big Data: The Key to Economic Development?|
|Feb 25, 2015||Fast Company - What It's Like Being Stuck On A Container Ship During An Epic Port Breakdown|
|Nov 17, 2014||PR.com - The Publication of the Controversial List of Hidden Company Directors Links Under "Right to be Forgotten" Hits International Media|
|Aug 29, 2014||Tech Republic (Australia) - Porch brings data-driven transparency to the home improvement market|
New York Office
20 West 22nd Street
New York, NY 10010
1 Cambridge Center
Cambridge, MA 02142