Supply chain technology company Roambee makes its second acquisition this week, taking over last-mile cold chain monitoring company Modum as it looks to become a leader in the pharma cold chain. Roambee will be able to stretch its visibility offerings from end to end, with primary, secondary and last-mile delivery use cases.
Per PR Newswire:
- Modum, founded in 2016, offers proven pharma-grade monitoring solutions and has raised $13.5 million since its inception. Modum's 'plug & play' solutions work even in the most difficult logistics scenarios requiring high volume and minimal touch, such as last mile delivery transactions. It's low unit cost of monitoring and adherence to all pharma quality compliance requirements, enables companies like Swiss Post with last-mile delivery visibility.
- Key executives from Modum will take up leadership positions at Roambee bringing in Modum's astute pharma domain knowledge and last mile expertise into Roambee's product strategy, enabling it to dominate the real-time cold chain visibility space.