Exiger has acquired Versed AI, a supply chain intelligence firm, enhancing its capabilities in risk management and supply chain visibility.

Information on the Target

Versed AI, a prominent company specializing in supply chain intelligence, has been acquired by Exiger, a leading US-based company focused on supply chain and third-party risk AI solutions. Originating as a spinout from the University of Cambridge, Versed AI leverages advanced artificial intelligence technology to deliver comprehensive multi-tier supply chain insights to its clients. By automatically mapping and contextualizing intricate supply chains, the company enables enterprises to quickly identify and address risks associated with disruptions, regulatory compliance, and reputational challenges.

Recognized as a Gartner Cool Vendor in Sourcing and Procurement Technologies, Versed AI provides product-specific visibility into supply chains. Its automated Bill-of-Material mapping tools allow clients to streamline their focus on critical suppliers, resulting in more efficient and strategic supply chain management.

Industry Overview in the Target’s Specific Country

The supply chain management industry in the United States is experiencing substantial growth, driven by the increasing complexity of global supply networks and heightened emphasis on risk management. As c