Company Secures $14 Million Investment; New CEO, Jenna Wells, Takes the Helm

Company Secures $14 Million Investment; New CEO, Jenna Wells, Takes the Helm

In a significant move for the risk management industry, Supply Wisdom, a leading provider of third-party and supply chain risk solutions, has announced a series of strategic developments. The company has successfully completed a $14 million Series B funding round, appointed Jenna Wells as its new CEO, and earned a spot on the Inc. Regionals: Northeast list of the fastest-growing private companies in the US Northeast.

The funding round, led by Jurassic Capital, will support Supply Wisdom's innovation and platform growth. Existing investors Fulcrum Equity Partners and Conductor Capital also participated in the round. Kevin Mosley, General Partner at Jurassic Capital, praised Supply Wisdom as a high-growth, capital-efficient, and innovative company.

Alongside the funding announcement, Supply Wisdom named Jenna Wells as the new CEO. Wells, a seasoned risk leader and former COO, is expected to lead the company’s next phase of growth and innovation. The prior CEO, Tom Thimot, who served since 2023, will remain with the company as Advisor to the CEO, providing strategic guidance.

Supply Wisdom's platform is unique in delivering a full-stack, AI-powered SaaS risk intelligence solution that offers continuous, real-time monitoring across all risk domains—including financial, cyber, operational, ESG, compliance, and geopolitical risks. Their use of AI and predictive risk modeling enables proactive identification of emerging threats by analyzing millions of risk signals, helping clients forecast issues like supplier financial distress or operational instability before they fully materialize.

The Inc. Regionals: Northeast listing includes firms in Pennsylvania, New York, Vermont, New Hampshire, Maine, Massachusetts, Connecticut, Rhode Island, and New Jersey. This achievement underscores Supply Wisdom's position as a significant player in the risk intelligence market within the Northeast region.

With these developments, Supply Wisdom is well-positioned to accelerate its growth and deepen its impact in the third-party risk and supply chain risk management markets. The company has a strong history of delivering exceptional value for third-party risk management departments at leading global firms, including those in the Fortune 100 and Global 2000. Supply Wisdom made its platform debut at the Fall 2022 event in New York.

The future looks bright for Supply Wisdom, with its innovative technology, strategic leadership, and recognition from industry-leading organisations.

The funding round, led by Jurassic Capital, will support Supply Wisdom's growth in finances and technology as they innovate and expand their platform. As a recognized player in the business sector, Supply Wisdom, with their AI-powered SaaS risk intelligence solution, is poised to contribute significantly to the third-party and supply chain risk management market, particularly in the Northeast region.

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