Stormpulse, Inc.

Stormpulse, Inc. specializes in providing advanced risk management solutions by leveraging real-time data and technology to help organizations enhance resilience against supply chain disruptions. Stormpulse, Inc. is focused on delivering risk management solutions and was founded in 2007 in Austin, US.

The company has undergone changes in its operational strategy and was acquired by DHL Resilience360 GmbH in January 2020. The founder has not been specifically mentioned in the available data. Stormpulse has successfully raised USD 2. 16 mn in its latest funding round from investors including 500 Global and E-Merge.

Stormpulse offers a comprehensive suite of supply chain risk management solutions that utilize real-time data, artificial intelligence (AI), data science, and natural language processing (NLP). Their key products include Network Mapping, which enables the creation of digital twins of supply chains to forecast risks; Global Monitoring and Alerting, which provides AI-based insights for proactive decision-making; and Risk Assessment, using automated scorecards to assess supplier vulnerabilities. Additionally, their Sub-Tier Visibility feature aids organizations in revealing hidden supplier relationships, enhancing compliance and risk mitigation across a variety of sectors, including automotive, food and beverage, life sciences, and high-tech manufacturing, primarily serving clients in North America, Europe, and Asia-Pacific. Stormpulse operates on a subscription-based revenue model, offering clients tiered access to its range of solutions.

Businesses typically engage in annual contracts to use the platform, which incorporates various features tailored to industry-specific needs. While specific pricing details are not disclosed, clients pay for access to functionalities such as Network Mapping and Global Monitoring to facilitate optimized supply chain strategies, appealing to a diverse clientele from global corporations to regional firms. Looking ahead, Stormpulse plans to enhance its product offerings by developing new solutions aimed at improving risk management capabilities. The recent funding will be directed towards supporting these new product developments as well as expanding into additional markets.

The company aims to solidify its presence in emerging markets and enhance its geographic reach beyond its current operations. The most recent deal involving Stormpulse occurred on January 9, 2020, when it was acquired by DHL Resilience360 GmbH.