Trive Capital has announced a strategic investment in Illumis Global, a Mount Pleasant–based provider of accounts payable recovery audits, contract compliance, supply chain optimization, and business intelligence solutions. Illumis, founded in 1994, leverages proprietary technologies—including its IQ and Knowledge Exchange audit tools—to help organizations improve financial clarity, enhance vendor relationships, and achieve higher recovery rates. Jason Lipari will continue as President as the company expands its services and builds new capabilities.
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Eric Hsu, Managing Director at Trive Capital, said Illumis’ “data-driven and white glove approach has established the Company as a premier provider of accounts payable audit solutions with industry leading recovery rates,” emphasizing plans to scale the platform through technology investments and complementary solutions. Lipari noted, “This partnership with Trive represents an exciting new chapter for Illumis Global,” highlighting initiatives such as expanding audit services, investing in advanced technology, and launching a proprietary Group Purchasing Organization (GPO). Additional comments from Trive leaders Blake Bonner and Conner Searcy underscore confidence in Illumis’ strong foundation and its potential to grow into a comprehensive vendor management platform addressing increasingly complex supply chains.
