Acquiring Company
Envestnet Inc.
Acquired Company
Garvis
Description
Logility, Inc., a leader in prescriptive supply chain planning solutions, today announced it has signed a definitive agreement to acquire Garvis, a visionary SaaS startup that combines large language models (ChatGPT) with AI-native demand forecasting. The combined organization will enable a new supply chain planning paradigm with DemandAI+ that moves beyond conventional methods to plan demand and inventory at the speed of the market.
Quick answer
Envestnet Inc. is acquiring Garvis, announced September 7, 2023. Envestnet Inc. is based in Berwyn, Pennsylvania, United States.
- How much did Envestnet Inc. pay for Garvis?
- The deal value was not disclosed.
- What does Envestnet Inc. do?
- Envestnet is transforming the way financial advice is delivered through an ecosystem of technology, solutions, and intelligence.
- Where are Envestnet Inc. and Garvis based?
- Envestnet Inc. is based in Berwyn, Pennsylvania, United States.
- Who are the decision-makers at Envestnet Inc?
- Fundz holds 1 contact at Envestnet Inc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Envestnet Inc., and when
When Envestnet Inc. changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Envestnet Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Envestnet Inc., from your own LinkedIn network
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Frequently asked
Who acquired Garvis?
Garvis was acquired by Envestnet Inc., based in Berwyn. The deal was reported on September 7, 2023. Envestnet is transforming the way financial advice is delivered through an ecosystem of technology, solutions, and intelligence. Envestnet Inc. is privately held and operates in Financial Services.
When did Envestnet Inc. acquire Garvis?
Envestnet Inc.'s acquisition of Garvis was reported on September 7, 2023. Logility, Inc., a leader in prescriptive supply chain planning solutions, today announced it has signed a definitive agreement to acquire Garvis, a visionary SaaS startup that combines large language models (ChatGPT) with AI-native demand forecasting. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Garvis do?
Founded in 2020 in Antwerp, Belgium, Garvis is a revolutionary SaaS company on a mission to change demand planning by leveraging artificial intelligence to make forecasting easy, accessible, and explainable while keeping it in the planners' control. It is privately held, operating in Software.
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