HICX secures £15m to close supplier data gap
Summary
HICX secured a £15 million growth funding and refinancing package from HSBC Innovation Banking and existing investor Wavecrest Growth Partners. The company sells supplier management software for multinational enterprises and positions its platform as the governed supplier data layer for procurement, compliance, risk, and AI use cases. It plans to invest the capital in product development, customer roadmap execution, and commercial expansion. HICX also said it will pursue selective acquisitions as it scales.
Funding
Amount
$19.0M
Total raised
Date
June 24, 2026
Announcement date
Investors
HSBC Retail Services
Lead investors
Company
hicx.com
Funded company
Classifications
industries
No industries detected
applications
ERP & Process Management
AI Classifications
Labels
Supplier Management Software
Procurement Software
SaaS
Linked Companies
HICX Solutions Ltd
$1M to $5M