In a significant development in the tech industry, TPG, a global alternative asset management firm, has announced a strategic majority investment of up to $228 million in Sayari Labs. This move marks a pivotal moment in the growth trajectory of Sayari Labs, a leading provider of counterparty and supply chain risk intelligence.

Sayari Labs, trusted by government agencies, multinational corporations, and financial institutions, has carved a niche for itself in the realm of risk intelligence. The company’s platform integrates global corporate and supply chain data to surface risk insights for investigations, analytics, and supply chain risk management.

The partnership with TPG is set to accelerate Sayari Labs’ global expansion in 2024. It will also support the launch of a new supply chain illumination platform. This platform will leverage responsible AI to extract deeper insights from Sayari Labs’ industry-leading and authoritative supply chain data.

Sayari Labs’ platform is trusted by users from across global regulators, law enforcement, and national security agencies, as well as over 100 of the world’s largest public and private companies. The company has seen explosive growth since the release of its platform in 2020.

The strategic investment by TPG underscores the growing importance of supply chain risk management in today’s global business landscape. As companies grapple with an increasingly complex set of risks, platforms like Sayari Labs provide crucial insights into emerging threats.

This partnership also highlights the role of strategic investments in fostering innovation and growth in the tech industry. By backing Sayari Labs, TPG is not only bolstering its own portfolio but also contributing to the broader evolution of the risk intelligence sector.

As we move forward, this development serves as a reminder of the dynamic interplay between technology, business, and investment. It underscores the potential of strategic partnerships to drive growth, innovation, and value creation in the tech industry.