Chemical Industry Veterans Launch Digital Startup ChemVM Technologies
NEWS RELEASE: Founders See Chemical Industry at the Tipping Point of Digital Transformation
Austin, Texas – January 21, 2021 – ChemVM Technologies, Inc., a digital startup connecting customers with best-fit chemical toll and custom manufacturers as well as contract formulators, packagers, and warehouse operators, today announced its online platform is now out of beta and open to the public. With ChemVM, chemical customers can enter their unique chemical processing and service requirements – from reactions, separations, and blending to packaging, warehousing and transportation – and the company’s precise matching software dynamically displays service providers that meet the requirements as they are entered.
“At ChemVM, we’ve engineered a new, highly efficient way to connect chemical customers with ideally matched service providers. By combining our team’s decades of experience both in the chemical industry and software development, our digital platform promises unprecedented speed and value to both customers and service providers,” said Michael Van Marle, Founder and CEO of ChemVM. “In an industry that is on the tipping point of digital transformation, we believe our timing is perfect to bring a new way for procurement and supply chain leaders to source chemical processing services.”
How it Works
ChemVM is an open platform that anyone can use free of charge. Chemical customers simply, and confidentially, enter their project requirements and the system compares this with available data from the company’s growing database of chemical service providers. Customers immediately see their top matched suppliers, which are each given a score based on how well the supplier meets the customer’s project requirements. Customers can apply a weighting to prioritize certain project requirements over others to affect the resulting scores for matched service providers, giving them full control to customize their matches. Only after they give permission, does ChemVM initiate the bidding process with those suppliers the customer chooses.
“As an executive of both major chemical companies and chemical distributors for decades, I’ve had a front row seat in watching market drivers converge on the chemical space. The idea of digital transformation in the chemical space is not new, but the user experience has still not really changed,” said Erik Viens, Co-founder and Board Advisor of ChemVM. “It’s time we change the way we organize and leverage knowledge across the industry and serve each customer very specifically with precisely what they need and when they need it.”
The ChemVM engineering team is releasing new features to the platform weekly. One of the next significant features to be released is Service Provider Self-Registration in which chemical toll and custom manufacturers, contract formulators, packagers, and warehouse operators have the ability to create their profile, accurately document their capabilities such as materials handling, chemical processing services, certifications and permits, industries served, and add corporate information such as their value proposition, locations, website and contact information. The more complete a supplier’s profile, the higher their assigned data quality score, which in turn improves how well and frequently they are matched with projects submitted on the site.
Chemical toll and custom manufacturers as well as contract formulators, packagers, and warehouse operators can register at chemvm.com/register.
Chemical procurement and supply chain leaders, chemical process engineers, entrepreneurs and other buyers needing a private label product made, market testing, production outsourcing, or formulation and process engineering support can get started by entering their project at chemvm.com/customers.