Hijro Inc.

Hijro Inc. provides advanced distributed ledger applications aimed at optimizing working capital and streamlining supply chain processes for businesses globally. Hijro Inc. was founded in 2014 and is headquartered in Lexington, US.

The company specializes in developing distributed ledger technologies that enhance supply chain finance and operational efficiencies. In May 2016, Hijro raised USD 1. 65 mn in a SEED funding round led by ff Venture Capital, with participation from ArchAngels, Crosscut Ventures, Digital Currency Group, Draper Associates, Fenbushi Capital, Lindbergh Tech Fund, and Startupbootcamp FinTech & CyberSecurity. The company has completed 2 deals to date, with the most recent occurring on May 10, 2016.

Founder information is unavailable. Hijro offers a suite of distributed ledger applications designed to enhance working capital optimization and streamline supply chain operations for businesses. The core product offerings include APIs that integrate seamlessly with existing financial and supply chain systems, enabling clients to connect to a global network of partner ports. This interconnected system supports various use cases, such as supply chain finance and receivables finance solutions, which aim to improve cash flow management for businesses and enhance the efficiency of trade operations.

The company's solutions are tailored to meet the specific needs of its clients, which include small and medium-sized enterprises as well as larger corporations engaged in international trade. Hijro generates revenue through partnerships and subscriptions to its suite of financial applications and services. The company’s revenue model revolves around B2B transactions, where clients pay for access to its APIs and integrated solutions to enhance their supply chain and financial processes. Typical transactions involve businesses subscribing to Hijro’s API services, allowing them to connect their existing ERP or e-invoicing platforms to the Hijro Trade Asset Marketplace.

This partnership enables clients to offer financial solutions directly to their customers while facilitating the efficient movement of goods and capital across the Hijro Network. Hijro's future growth strategy includes the development of new products aimed at further optimizing supply chain management for its clients. The company is exploring expansion into additional markets across Asia and South America, with targeted launch dates for new operations by 2018. The recent SEED funding of USD 1.

65 mn will be utilized to support these initiatives, primarily focusing on product development and market entry strategies.