CapGrid is a tech-enabled company that utilizes cloud manufacturing and dynamic fulfillment to enhance visibility and traceability in the sourcing and procurement of precision parts and components. By providing a streamlined supply chain solution, CapGrid addresses inefficiencies in direct-material procurement, ensuring reliable quality and timely delivery for various industries.
Funding
$7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Sourcing and procurement of precision parts and components often lack visibility and traceability, leading to inefficiencies in direct-material procurement and unreliable supply chains. This results in challenges related to quality control, timely delivery, and overall supply chain optimization.
Solution
CapGrid offers a tech-enabled "Design-To-Deliver" solution that leverages cloud manufacturing, dynamic fulfillment, and quality assurance to transform the supply chain for precision parts and components. The platform provides enhanced tier visibility and traceability throughout the value chain, addressing inefficiencies in direct material procurement. By consolidating procurement, sourcing spare parts, managing import/localization, supporting new product development, and offering value engineering, CapGrid ensures reliable quality and timely delivery.
Target Audience
CapGrid primarily serves customers in the automotive, consumer durables, electric vehicles, earth moving, agri equipment, and railways industries who require precision parts and components.
Features
- Cloud Manufacturing: Utilizes a network of trusted manufacturing partners.
- Dynamic Fulfillment: Optimizes logistics and warehousing for efficient delivery.
- Reliable Quality: Implements rigorous quality control processes.
- Nearshore Warehousing: Provides strategic warehousing locations.
- Technology Platform: Offers a centralized platform for managing the entire supply chain.
- Trusted Manufacturing Ecosystem: Connects customers with vetted suppliers.