About
Founded in Dubai in 2019, Distichain is an integrated technology platform that automates the entire process flow of cross-boarder B2B trade within an ecosystem of providers across banking, supply chain and verification. It allows multiple B2B marketplaces share a unified infrastructure while operating independently. The Company is led by global supply chain expert and veteran Haisam Jamal who brings decades of experience in GCC and Latin America having worked at Nokia, Modelez, Transmed and Chalhoub Group.
Fundraising Synopsis
The Company has already raised a Seed round and is currently operating to bridge the gap to its Series A fundraise projected to take place in 2024.
Why Are We Backing This Client
- Distichain has a pipeline stands to capture significant market share at the onset of the global mass digitization taking place in the supply chain planning and commerce (SCPC) industry;
- $51T industry set to grow at ~20% CAGR to the end of the decade to $90T
- By 2030, 37% of that market will be digitized (i.e. transacting via B2B e-commerce processes)
- The company has sales prospects close to closing with Annual Contact Value greater or equal to is FY2022P OpEx
- Closing on only one half of its sales prospects could register a 400% revenue growth for FY2023P
- SCPC industry in 2021 saw ~$4B in venture capital investment and $40B in M&A activity
- Both VC and M&A activity in the space are projected to escalate significantly as the industry moves towards increased digitization
- Distichain finds itself ideally positioned to capitalize on from B2B trade capital expected to flow through digital channels each year