14bis Supply Tracking Company Profile

Background

Founded in 2017, 14bis Supply Tracking is a technology company specializing in enhancing safety and transparency within the aerospace and defense sectors. By leveraging blockchain technology and data analytics, the company aims to provide secure tracking of physical and digital assets, ensuring end-to-end visibility and interoperability across complex supply chains. This approach addresses critical industry challenges such as counterfeit parts and inefficient asset management.

Key Strategic Focus

14bis Supply Tracking concentrates on delivering innovative solutions that streamline supply chain processes and combat the proliferation of unapproved parts. The company's core objectives include:

Asset Tracking: Implementing trustworthy systems to monitor assets throughout their lifecycle.

Supply Chain Transparency: Enhancing visibility to reduce costs and improve safety.

Systems Interoperability: Ensuring seamless data flow across disparate systems.

By applying blockchain technology, 14bis offers secure, immutable records that facilitate real-time tracking and verification of assets, thereby improving decision-making processes and operational efficiency.

Financials and Funding

As of 2023, 14bis Supply Tracking reported revenues of approximately $401,200, reflecting a slight decrease from $417,900 in 2021. The company has secured funding through various channels, including:

Accelerator/Incubator Funding: Received $100,000 in February 2022.

Grants and Seed Rounds: Participated in multiple funding rounds between 2018 and 2021, with notable investors such as MassVentures and Techstars.

These funds have been allocated towards product development, expanding technological capabilities, and scaling operations to meet the growing demands of the aerospace and defense industries.

Technological Platform and Innovation

14bis Supply Tracking distinguishes itself through its proprietary technological platforms and innovative methodologies:

Blockchain Integration: Utilizes blockchain to create immutable records for asset tracking, enhancing security and trust within supply chains.

Data Analytics: Employs advanced analytics to provide actionable insights, improving decision-making and operational efficiency.

Systems Interoperability: Develops solutions that ensure seamless data flow across various systems, eliminating data silos and enhancing collaboration.

These technologies collectively contribute to a more transparent, secure, and efficient supply chain ecosystem.

Leadership Team

The leadership team at 14bis Supply Tracking comprises experienced professionals dedicated to advancing the company's mission:

Eleanor Mitch: Co-Founder and Chief Executive Officer. With over 20 years of experience in strategy and governance across multiple continents, Eleanor brings a wealth of knowledge in digital law and data governance. She has been instrumental in steering the company's strategic direction and fostering innovation.

Alexis Dames: Co-Founder and Chief Marketing Officer. As a pilot and aviation safety expert, Alexis provides deep insights into the aerospace industry, contributing to the development of customer-centric solutions.

Dharmesh Patel: Co-Founder and Chief Technology Officer. With over 25 years of IT leadership experience in aerospace and defense, Dharmesh oversees the technological advancements and integration of innovative solutions within the company.

Thomas Hardjono: Chief Scientific Advisor. An expert in blockchain systems and cybersecurity, Thomas provides strategic guidance on technological developments and innovation.

Competitor Profile

Market Insights and Dynamics

The aerospace and defense supply chain management market is characterized by a growing emphasis on security, transparency, and efficiency. The integration of technologies such as blockchain and data analytics is becoming increasingly prevalent to address challenges like counterfeit parts and complex logistics.

Competitor Analysis

Key competitors in the aerospace and defense supply chain technology sector include:

iTradeNetwork: Provides supply chain management solutions with a focus on transparency and efficiency.

Circulor: Specializes in blockchain-based supply chain tracking to ensure material provenance and compliance.

Sofocle Technologies: Offers blockchain solutions for various industries, including supply chain management, to enhance transparency and security.

These companies, along with 14bis Supply Tracking, contribute to a competitive landscape driven by technological innovation and the need for secure, transparent supply chain solutions.

Strategic Collaborations and Partnerships

14bis Supply Tracking has established significant collaborations to strengthen its market position and innovation capacity:

U.S. Air Force: Delivered blockchain-based solutions for secure asset tracking and data analytics, enhancing decision-making and asset management within the Air Force.

BAE Systems: Engaged in contracts to provide advanced tracking capabilities, aiming to improve safety and reduce costs in aerospace and defense operations.

Techstars Accelerator: Participated in the Air Force Accelerator Powered by Techstars, gaining mentorship and resources to accelerate product development and market entry.

These partnerships underscore the company's commitment to delivering cutting-edge solutions and expanding its reach within the industry.