Lightsmith Group has finalized a $20 million investment in Tive — a Boston-based company specializing in real-time shipment tracking devices and cloud-based logistics software — bringing its valuation to more than $500 million. The funding highlights growing demand for greater supply chain visibility and operational resilience, as shippers face rising risks from theft, delays, and climate-related disruptions. Increased complexity in perishable goods logistics and the expansion of AI-driven automation are also accelerating adoption of advanced tracking solutions. More broadly, the deal reflects continued investor confidence in logistics technology that strengthens risk management, improves in-transit oversight, and enhances end-to-end supply chain reliability.