ICW (Compliance Supply Chain Platform) is a Singapore-based startup that provides a compliance supply chain platform for retailers and ecommerce sellers. Their platform aims to ensure compliance with supply chain laws and responsible trade practices.
Since its founding in 2016, ICW has achieved significant milestones, including 20,000+ active users, an annual revenue of $80 million, and completion of over 15,000 TIC projects yearly. The company has vetted over 110,000 manufacturers across China, Southeast Asia, and South America, with a team expansion from 4 to 60 people across various locations.
ICW has successfully raised $10 million from a dozen venture capitalists and the Hong Kong Government in 3 rounds of fundraising, with the latest Series A investment of $5.70M on 28 January 2021 from investors including VU Venture Partners, MindWorks Ventures, Integrated Capital, Innovation and Technology Venture Fund, and Headline Asia (formerly Infinity Ventures).
The company is focused on advancing big data and machine learning technology, with plans to launch a revolutionary product by 2021, aligning with a new 8-digit USD funding series B round. This strategic direction positions ICW for exponential growth and technological advancement in the analytics industry.