Overview

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Total Equity Funding
$5.6M in 3 Rounds from 4 Investors
Most Recent Funding
Seed on May 18, 2012 / Undisclosed Amount
Headquarters:
Cambridge, MA
Description:
Panjiva is an information platform for global trade professionals, providing a marketplace for international buyers and sellers to connect.
Founders:
,
Categories:
Search Engine, Analytics, Data Mining, Logistics, Manufacturing
Website:
http://panjiva.com
Social:

Company Details

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Founded:
2006
Contact:
2122550795
Employees:
11 - 50 | 2 in Crunchbase

Business

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"[1]

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[2] and CNNMoney.com[3].

Founding

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."

Naming

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) - $5.6M

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DateAmount / RoundValuationLead InvestorInvestors
May, 2012undisclosed amount / Seed1
Jan, 2008$5.2M / Series A2
Jan, 2006$400k / Seed1

Current Team (2)

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Board Members and Advisors (1)

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Offices/Locations (2)

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  • New York Office

    20 West 22nd Street

    Suite 801

    New York, NY 10010

    USA

  • Cambridge Office

    1 Cambridge Center

    4th Floor

    Cambridge, MA 02142

    USA

Past Team (4)

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Images (3)

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