ChemDirect Closes Series A Funding Round Led by Schneider
Wisconsin Eagle/10189979

GREEN BAY, Wis.--(BUSINESS WIRE)--ChemDirect, the leading B2B online marketplace for specialty chemicals shipped directly from vetted suppliers, today announced the closing of a Series A funding round led by Schneider (NYSE: SNDR). The financing will enable ChemDirect to grow its chemical marketplace, build out new logistics and payment technologies, and scale its go-to-market efforts.

Launched in 2020, ChemDirect was created to deliver significant time and cost savings for chemical buyers and sellers. With integrated logistics planning, credit terms and real-time inventory, ChemDirect makes chemical buying drastically easier than existing channels.

The Series A round follows the recent launch of ChemDirect's new payment platform, ChemPay, which offers negotiation-free payment terms, real-time logistics and flexible payment methods to simplify the buying process — so suppliers receive payments in days instead of many weeks.

More on Wisconsin Eagle

• CCHR: Involuntary Commitment Is Eugenics Repackaged as "Mental Health Care"
• Q2 2025 Industry Impact Report Underscores Semiconductor Expansion, Talent Development and Sustainability Milestones
• 84 Ethiopian Churches Change Signboards to Shincheonji Church of Jesus
• BTXSGG Outlines Four-Pillar Framework to Enhance Digital Asset Security and Compliance
• NJTRX Positions for Next-Generation Asset Trading with U.S. Regulatory Framework

"The chemical industry is a $6 trillion market that largely operates in a pre-digital fashion," said Tyler Ellison, ChemDirect's founder and CEO. "Today's supply chain chaos has created a unique opportunity for ChemDirect to disrupt traditional processes, increasing efficiencies like never before and creating a better overall experience for chemical buyers and sellers."

By bringing the chemical buying process online, ChemDirect helps buyers save money and avoid long, complex sales cycles and delivery times typically experienced with conventional sourcing. Purchases on ChemDirect have an average fulfillment time of three and a half days and up to 80% in cost savings over other purchasing channels.

"We are encouraged by the efficiency ChemDirect brings chemical shippers and the industry," said Shaleen Devgun, Schneider Executive Vice President and Chief Innovation and Technology Officer. "With over 500,000 products readily available online and real-time credit terms, ChemDirect is the competitive differentiator today's chemical buyers need to navigate supply chain challenges successfully."

To learn how to become a ChemDirect supplier, contact ChemDirect at +1 310-928-1129 or support@chemdirect.com. To learn more about ChemDirect or to request a demo, visit chemdirect.com.

About ChemDirect

ChemDirect is a B2B online marketplace for specialty chemicals designed to deliver significant time and cost savings for chemical buyers and sellers. With integrated logistics planning, credit terms, and real-time inventory shipped directly from vetted suppliers, ChemDirect makes buying chemicals drastically easier than existing channels.

The ChemDirect platform provides an easy-to-use marketplace that creates connections between customers and suppliers across a wide variety of industries, including agriculture, automobile, beauty and personal care, building and construction, cleaning and sanitation, consumer products, electronics, food and nutrition, healthcare, manufacturing, paints and coatings, and printing and packaging.

More on Wisconsin Eagle

• Poncho Tha Popstar: The West's Next King
• Physician-Turned-Patient Launches Advocacy Campaign to Spotlight Disability Insurance Barriers
• Thorn Ridge® Creates a World of Legends & Lore
• Twice the Laughs: Comedy Star Don Barnhart Rotates Residency at Both Delirious Comedy Club Locations in Las Vegas
• Your Body Isn't Broken—It's Out of Balance: The New Book Revealing the Blueprint to Restore Hormone Balance, Sleep, Gut & Metabolic Health

ChemDirect is backed by leading investors, such as TitletownTech, a venture partnership between Microsoft and the Green Bay Packers. For more information on ChemDirect, visit chemdirect.com, connect with us on LinkedIn and follow us on Twitter.

About Schneider

Schneider is a premier multimodal provider of transportation, intermodal and logistics services. Offering one of the broadest portfolios in the industry, Schneider's solutions include Regional and Long-Haul, Truckload, Expedited, Dedicated Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics, and Logistics Consulting.

With $5.6 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 85 years. The company's digital marketplace, Schneider FreightPower®, is revolutionizing the industry, giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit or follow the company socially on Facebook, LinkedIn and Twitter: @WeAreSchneider.

Contacts

For ChemDirect:
Patti Bianchi
pbianchi@cglife.com
+1 630-841-1771

---

Show All News | Report Violation