The funding comes from Tenacity Venture Capital and TriplePoint Capital, bringing its total raised capital to $16 million, to expand its inventory financing solution for consumer brands.

Founded in 2017, Manufactured helps companies source, finance and manage inventory across 20 industries and 25 countries. With over 45 years of experience, the company wants to simplify the inventory cycle for businesses of all sizes and industries. Companies can easily scale their manufacturing, lower unit costs, optimize supply chains and allocate capital efficiently.