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Sibi Welcomes Marcus Ridgway to Board of Directors, Leading Innovation in Real Estate and Supply Chains

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Sibi, a supply chain technology platform, has appointed Marcus Ridgway to its Board of Directors. Ridgway, currently involved with Forever 6 and BLVD Homes, brings significant experience as the former COO and co-founder of Invitation Homes (NYSE: INVH) and co-founder of Roots Management.

The appointment aligns with Sibi's mission to streamline procurement and asset management in the real estate sector. The company's platform integrates property management businesses directly with manufacturers, automating procurement, maintenance, and renovations while providing real-time insights.

CEO Barrie Lindahl emphasized Ridgway's expertise in real estate and operational excellence as key assets for the company's growth strategy. Sibi's technology focuses on simplifying building materials management and optimizing inventory, production, and purchasing processes to improve efficiency and budget control.

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Positive

  • Strategic board appointment of experienced real estate executive with proven track record
  • Platform offers comprehensive integration between property management and manufacturers
  • Automated solutions for procurement and maintenance optimization

Negative

  • None.

News Market Reaction 1 Alert

+0.56% News Effect

On the day this news was published, INVH gained 0.56%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

PHOENIX, March 20, 2025 /PRNewswire/ -- Sibi, the platform redefining supply chain technology, is proud to announce the addition of Marcus Ridgway to its Board of Directors. Known for reshaping real estate investment through his current initiatives at Forever 6 and BLVD Homes, Ridgway's visionary approach to optimizing operations aligns with Sibi's commitment to streamlining procurement and asset management.

As the former COO and co-founder of Invitation Homes (NYSE: INVH) and co-founder of Roots Management, Ridgway has a proven track record of scaling businesses through innovation and data-driven strategies, making him a natural fit for Sibi's mission to eliminate friction and empower smarter decision-making.

"We couldn't be more stoked to welcome Marcus to the team," says Barrie Lindahl, CEO of Sibi. "His incredible journey in real estate and operational excellence is the perfect match as we continue to revolutionize supply chains with technology."

"I'm delighted and honored to join the Board of Directors at Sibi. Sibi's commitment to transforming large institutions through smart buying and procurement resonates with my core belief in innovation and efficiency as catalysts for growth," says Ridgway. "I look forward to leveraging my experience and helping Sibi build upon its strong foundation for even greater success."

Sibi integrates businesses managing, maintaining, and building properties directly with manufacturers, simplifying how building materials are bought, tracked, and managed. By automating procurement, maintenance, and renovations with real-time insights, Sibi eliminates inefficiencies and keeps projects on track. Seamless integrations optimize inventory, production, and purchasing—helping businesses move faster, cut waste, and stay under budget.

For more information about Sibi, visit sibi.ai or contact press@sibi.ai

 Media Contact:
Laura Cooper
Product Marketing Manager
Sibi
Phone: (858) 848-7424
Email: press@sibipro.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sibi-welcomes-marcus-ridgway-to-board-of-directors-leading-innovation-in-real-estate-and-supply-chains-302406323.html

SOURCE Sibi

FAQ

What experience does Marcus Ridgway bring to Sibi's Board of Directors from INVH?

Marcus Ridgway served as COO and co-founder of Invitation Homes (INVH), bringing extensive experience in scaling businesses through innovation and data-driven strategies in real estate investment and operations.

How does Sibi's platform integrate with real estate operations?

Sibi's platform connects property management businesses directly with manufacturers, automating procurement, maintenance, and renovations while providing real-time insights for building materials management.

What are Marcus Ridgway's current business ventures besides joining Sibi's board?

Marcus Ridgway is currently involved with Forever 6 and BLVD Homes, focusing on real estate investment innovation.

What specific solutions does Sibi offer for property management companies?

Sibi offers automated procurement, maintenance tracking, and renovation management solutions, with real-time insights to optimize inventory, production, and purchasing while helping businesses stay under budget.
Invitation Homes

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