The company's strategic worldwide expansion initiatives are expected to be strengthened by this substantial financial backing. TPG, an alternative asset management company, also gave Sayari a sizeable $235 million strategic expansion investment earlier this year.

Sayari, founded in 2015, increases the security of international trade by enhancing the resilience and transparency of the supply chain. The organization helps teams in charge of sourcing, procurement, and trade compliance handle complex issues that sometimes go overlooked in supply chains by offering vital support. Forced labor, ESG (Environmental, Social, and Governance) concerns, and adhering to international penalties are some of these dangers.

Sayari's cutting-edge technology aggregates business ownership, subsidiary, and commerce data from more than 250 jurisdictions throughout the globe that is made publicly available, including actual trade data from more than 70 nations.

Sayari's systems, Sayari Graph and Sayari Map, are widely used by law enforcement, national security agencies, and worldwide regulators. They provide extensive network visibility. Thousands of analysts and regulators in more than 35 countries rely on these technologies to help them successfully identify and manage risks.

"Sayari's commercial risk intelligence platform provides crucial insight to enterprise and government agencies in an increasingly complex and interconnected world of entity ownership and supply chains," said Diego Recinos, Senior Director at CIBC Innovation Banking, highlighting the significance of Sayari's services. Prominent technology investors including TPG, Centana Growth Partners, and Arsenal Growth have made investments in Sayari due to the company's robust management team, high-quality proprietary data, and useful data intelligence solution. We are thrilled to accompany Sayari on their journey and are looking forward to helping them reach this new phase of development.