Sustainment

Sustainment Technologies is a software and artificial intelligence firm positioning itself as a key enabler for the revitalization of the American manufacturing base. Founded in 2020 by U.S. military veterans, the company operates with a mission to create a hyperconnected, secure, and resilient domestic manufacturing ecosystem. The leadership team, including CEO & Co-Founder Bret Boyd and Co-Founder Michael Morford, brings direct experience from the military and special operations, which informs the company's focus on logistics and operational efficiency. Boyd is a technology entrepreneur and a four-tour Iraq veteran from the 75th Ranger Regiment, while Morford also has an extensive military background followed by experience in investment banking.

The company's core offering is a software platform that functions as a Supplier Relationship Management (SRM) tool tailored for the manufacturing sector. This AI-native platform is designed to replace inefficient spreadsheets and emails, helping sourcing and procurement teams find suppliers, manage quotes, and collaborate on projects. Key features include tools to accelerate Request for Quotes (RFQs), find new suppliers for hard-to-source parts, securely share files, automate Non-Disclosure Agreement (NDA) management, and verify certifications. The platform serves a diverse client base, including Original Equipment Manufacturers (OEMs), contract manufacturers, and government entities, most notably the U.S. Department of Defense (DoD). For small and medium-sized manufacturers, Sustainment offers free access to its platform, aiming to enable their growth and connectivity.

Sustainment's business model appears to be multi-faceted, generating revenue through its SRM software while also operating as a Public Benefit Corporation committed to strengthening the U.S. manufacturing community. The company has secured significant government contracts, including a SBIR Phase III contract with the U.S. Air Force to deploy its Enhanced Market Research (EMR) product, designed to streamline procurement and save significant person-hours annually. Financially, the company has demonstrated strong investor confidence, raising a total of $14.1M through two funding rounds. This includes a $2.1M seed round in January 2021, co-led by Blackhorn Ventures, and a subsequent $12M Series A round in August 2022, led by Unless.

Keywords: supplier relationship management, manufacturing software, procurement platform, defense industrial base, supply chain technology, AI in manufacturing, veteran-owned business, government contracting, aerospace and defense, reshoring, domestic sourcing, RFQ management, supplier discovery, contract manufacturing, OEM procurement, logistics technology, supply chain visibility, secure collaboration, manufacturing network, Public Benefit Corporation