Vector, a logistics workflow platform has secured a strategic growth investment from BVP Forge to accelerate future growth.
Vector revolutionizes supply chains by digitizing paperwork, automating gate operations, and enabling real-time yard coordination—serving as a central workflow platform that unites carriers, drivers, and shippers for seamless collaboration.
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“I’m excited to accelerate growth and increase the capabilities of Vector for both our new and existing customers,” said Will Chu, Vector Co-Founder and CEO. “This new financing will ultimately grow our sales, implementation, and engineering teams. We see a lot of opportunity ahead for the industry and look forward to continuing to deliver value to customers — from increasing throughput, to reducing costs and preventing theft.”
With support from BVP Forge, Vector will leverage the BVP ForgeEdge™ business-building program to scale its platform, boost growth, and enhance customer outcomes. The company will also benefit from Bessemer Venture Partners’ extensive growth expertise, talent network, and strategic insights gained from decades of scaling top enterprise businesses.
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“We’re thrilled to partner with Will and the Vector team to help achieve their vision of becoming the source of truth for shippers, carriers, and retailers,” said Maren Hopkins, BVP Forge Principal. “The Yard segment of the supply chain is on the cusp of transformation, and Vector has demonstrated impressive traction. With its multi-sided network, Vector is positioned to drive innovation, deliver measurable value for customers, and set new standards for efficiency and transparency in supply chain operations.”
About Vector
Vector is a leading digital pickup and delivery solution provider, offering electronic bill of lading, driver check-in, and yard automation.
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About BVP Forge
BVP Forge is the combination of a private equity firm for growth-oriented, self-sustaining software-enabled businesses paired with access to the Bessemer Venture Partners’ global venture capital platform. BVP Forge combines Bessemer’s front-line industry insights, proven growth IP, and legendary executive network with tailored resources for self-sustaining companies and BVP ForgeEdge™ operational resources.
