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Gradient is betting that BluePallet will accelerate the rapidly evolving chemical industry’s evolution into data-centric business operations and real-time analytics with profoundly positive effects. The pandemic exposed supply chain vulnerabilities for businesses of all sizes as the inability to source raw materials significantly impacted nearly every sector. Helping them make smarter and more informed decisions is how we truly add value.” - Scott Barrows, Chief Executive Officer at BluePallet “Managing the purchase and shipment of products on our platform should be table stakes for our users.
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Enhanced AI capabilities could have an exponential impact on the speed of sourcing raw materials for manufacturers and distributors as well as easing the discovery of complementary products. Gradient invests in and connects early-stage startups with resources, innovation, and technical leadership in artificial intelligence. The platform’s end-to-end capabilities, and ability to make payments of up to $1 billion per transaction, are just the tip of the iceberg for chemical manufacturers, distributors, and buyers who also manage large amounts of diverse and complex data. BluePallet’s customizable set up and versatility will help fine tune our trading capabilities and improve areas from logistics to fulfilling customer’s detailed requests." - Andrew Arzberger. We believe that BluePallet will help Mitsui's product offerings reach a wider audience while helping to bolster our sales and marketing functions. "BluePallet seems like an integral tool to help push chemical sales and marketing into the digital age. The platform layers in logistics, inventory, and payment capability services. ” - Salvatore Cacciatore, Co-Founder and Chief Technology Officer at BluePalletĪn industrial commerce platform for the chemical sector, BluePallet’s end-to-end capabilities already represent a dramatic leap forward for the $5 trillion industry that has been one of the last to embrace digitalization. “Innovation is crucial to the continuing success of any organization and we’re excited about the doors that will be opened through Gradient’s support and resources.
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AUSTIN, Texas-( BUSINESS WIRE)-Gradient Ventures, Google’s early stage AI-focused venture fund, has joined BluePallet’s Series A, oversubscribing the round led by the venture arm of Vinmar International.