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Optilogic Defies Market Dynamics To Secure New Funding And Investment Partners

Sep 13, 2023almost 2 years ago
Ann ArborSaasSoftwareSupply Chain ManagementLogistics

Investors

Multiverse InvestmentsMk CapitalBeringeaAugment Ventures

Description

Supply chain network design software innovator, Optilogic, has secured funding from new partners Augment Ventures and Beringea and existing investors MK Capital and Multiverse Investments. The funding supports Optilogic's rapid growth and makes a new era of supply chain design a reality with industry-exclusive features in its Cosmic Frog platform that enable companies to:

Company Information

Company

Optilogic

Location

Ann Arbor, Michigan, United States

About

Optilogic offers cloud-native supply chain design solutions that enable businesses to evaluate trade-offs across financial performance, service levels, and systemic risk to design resilient supply chains even in the most dynamic, challenging environments. Cosmic Frog is the only supply chain design platform to combine optimization, simulation, and risk engines, and include a risk rating on every model. Use cases include network design, intelligent greenfield analysis and site selection, M&A analysis, near-shoring/reshoring, CAPEX planning, cost-to-serve, product flow-path, and many more. Join the movement! Create a Free Cosmic Frog Account at https://www.optilogic.com/create-an-account

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers