Cloudleaf

About Cloudleaf

Established in 2014, Cloudleaf, Inc. strategically rebranded to ParkourSC in March 2022 to better reflect its focus on delivering agility and speed to supply chain operations. The company was co-founded by Raj Kulkarni, Ravindar Roopreddy, and Sharath Narahari. It is currently led by President and CEO Mahesh Veerina, a seasoned technology executive with a history of guiding companies to successful IPOs and acquisitions. His extensive background in cloud, data networking, and predictive analytics at firms like Nokia, Motorola, and Google aligns with the company's core mission.

ParkourSC operates in the supply chain management market, providing a real-time operations platform for enterprises. The firm targets industries where continuous visibility is critical, including pharmaceuticals, life sciences, food and beverage, and industrial manufacturing. Its business model is software-as-a-service (SaaS), offering subscriptions to its platform. The company also provides various engagement models like fixed-price and time-and-materials to cater to different project needs. A significant milestone was the company securing $26 million in a 2022 funding round concurrent with its rebranding, bringing its total institutional funding to over $49 million.

The company's core offering is its Digital Visibility Platform (DVP), which provides end-to-end insight into supply chain operations. This platform functions by ingesting and harmonizing large streams of data from IoT sensors and contextual sources to create a single, real-time view of assets. It tracks the location, condition (such as temperature and humidity), and status of goods, whether they are inside a facility or in transit. By creating a digital twin of the supply chain, the platform allows businesses to monitor for deviations from their plans, predict potential disruptions, and take preventative action. This capability was notably used by logistics providers for the global delivery of COVID-19 vaccines. A key feature is its sensor-agnostic, API-based architecture, which allows for integration with existing enterprise systems and over 400 IoT devices, ensuring rapid deployment and scalability.