News & Press Releases

CHICAGO – October 11, 2022 - supplier.io, the leading SaaS provider of supplier diversity management technology, today released the 2022 State of Supplier Diversity report, its fifth report examining how companies manage their diverse supplier spend and prioritize supplier diversity programs to drive business growth. This year’s report reflects a second consecutive year of heightened executive-level support for employer diversity programs, paralleling a spotlight on diversity, equity and inclusion (DEI) initiatives across organizations.

CHICAGO – August 23, 2022 – supplier.io, the leading SaaS provider of supplier diversity management technology, today announces the industry’s most comprehensive Supplier Diversity Benchmarking solution.  Supplier Diversity Benchmarking analyzes data across more than 450 businesses, over a trillion dollars of annual spending, and millions of suppliers to provide an aggregate view of diverse spend and usage.  This strategic offering creates the best, most accurate, and comprehensive benchmarking dataset available for supplier diversity leaders.   

CHICAGO, IL & BERLIN, GERMANY – July 20, 2022 – supplier.io, the leading SaaS provider of supplier diversity management, and Scoutbee, a global SaaS company providing a Big Data and AI-powered Supplier Data Foundation, today announced a strategic partnership.

This new partnership aims to accelerate the wide-scale search and usage of supplier diversity statistics and brings additional value for companies across industries such as automotive, fast-moving consumer goods, industrial manufacturing, energy and utilities that are tracking supplier diversity within their supply chain.

CHICAGO – March 29, 2022 –supplier.io, the leading SaaS provider of supplier diversity management, announced that Aylin Basom was named as the company’s new chief executive officer. Basom joins the supplier.io team as the company expands to meet enterprise demand for supplier diversity solutions that ensure equitable spend across suppliers. Founder Neeraj Shah will partner with Basom, continuing to drive innovation in supplier diversity, and serve on supplier.io’s board of directors. 

Chicago, IL - July 21, 2021 - supplier.io, the leading SaaS provider of supplier diversity management, announced today that it has received a substantial strategic investment from Norwest, a leading Growth Equity investment firm. The investment will accelerate supplier.io’s ability to deliver best-in-class supplier diversity solutions to leading corporations and organizations as well as scale in global markets. Over 20% of the Fortune 50 already use supplier.io to ensure diverse and equitable spend across their base of vendors and suppliers. Norwest will become the majority investor in supplier.io.

Westchester, IL—Dec 9, 2020 — supplier.io announced today that it has entered into a partnership with Suplari to enable customers to gain diverse supplier spend and insight in their supply chain. supplier.io is the leading provider of supplier diversity data and solutions, while Suplari delivers AI-driven analytics and insights for procurement & finance teams. Through this integration, customers will have the ability to enrich Suplari’s existing solutions with supplier.io’s robust database of verified diverse businesses.

Westchester, IL—Dec 1, 2020 — Simfoni, a next-generation digital solutions provider for procurement analytics and spend automation, and supplier.io, a pioneer in the field of supplier diversity tracking, today announced a strategic partnership to bring Supplier Diversity Analysis in Simfoni to the US market.

Chicago, IL—May 22, 2019 —supplier.io is pleased to announce it has executed a definitive purchase agreement to acquire CVM Solutions from Kroll, a division of Duff & Phelps. Both supplier.io and CVM Solutions are leading providers of supplier diversity technology, data and services. When combined, the entity will serve over 65% of Fortune 500 companies. Terms of the deal were not disclosed.