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Afternoon Coffee: Routable; PRO recap: Vroozi, Icertis, SirionLabs


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Routable, a B2B payments solution provider, secured a $30 million round of funding from a slew of high-profile investors, according to the website TechCrunch.
This latest round of funding comes eight months after its last $12 million round. Routable aims to automate bill payment and invoicing processes so businesses can scale core product offerings without worrying about payments. Since its August 2020 investment, the company has seen its revenue grow by 380% and tripled its new monthly customers, TechCrunch reported.
Unlike most investments, Routable’s round of funding didn’t come from a bunch of venture capital firms. Rather, two brothers led the round Sam Altman, CEO of OpenAI, and Jack Altman, CEO of Lattice. Flexport also participated, in addition to some angel investors like the founders of Instacart, Airbnb, Salesforce and more. ....

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ISM® Introduces New Professional Committees


ISM® Introduces New Professional Committees
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TEMPE, Ariz., Feb. 19, 2021 /PRNewswire/ Institute for Supply Management
® announced two new Committees to enhance its roster of groups committed to assisting ISM
® in its mission to advance the supply management profession. The additions include its inaugural Data and Analytics Committee, as well as a Solutions Provider Council, to provide insight into future product offerings and content.
We re excited to bring these two groups of respective thought leaders together, said ISM Chief Product Officer Susan Marty. Both are examples of how we continue to focus on the future needs of supply chain management practitioners globally. ....

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