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Optilogic Secures New Investment To Transform Supply Chain Design

Jan 31, 2023•over 2 years ago
Ann ArborSaasSoftwareSupply Chain ManagementLogistics

Investors

Mk Capital

Description

Supply chain design software innovator Optilogic has secured $13 million in financing, led by MK Capital, a venture capital firm focused on supporting innovative B2B software companies. The funding will allow Optilogic to help any enterprise with a physical supply chain get full visibility into the cost, service, and risk of different supply chain design scenarios. With this investment, Optilogic will continue to expand go-to-market programs in consumer goods, retail, logistics, manufacturing, and distribution industries, as well as further development of its Cosmic Frog supply chain design platform.

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

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

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