Optilogic has raised $40M in Series B funding, led by NewRoad Capital Partners with participation from MK Capital and Moore Strategic Ventures. The company will use the funds to enhance its optimization and decision-making platform.

Apr 08, 20259 months ago

Amount Raised

$40 Million

Round Type

series b

Ann ArborSupply Chain ManagementLogisticsSaasSoftware

Investors

Moore Strategic VenturesMk CapitalNew Road Capital Partners

Description

Optilogic, an Ann Arbor, MI-based supply chain design software provider, raised $40M in Series B funding. The round was led by NewRoad Capital Partners, with participation from MK Capital and Moore Strategic Ventures. The company intends to use the funds to intensify development of its optimization and decision-making platform. Led by CEO Don Hicks, Optilogic is enabling companies to build virtual supply chain models to test and implement changes effectively.

Company Information

Company

Optilogic

Location

Ann Arbor, Michigan, United States

About

Optilogic is a supply chain design software company that enables companies to build virtual supply chain models which allow them to answer any supply chain question and safely test and implement supply chain changes. Its Cosmic Frog solution empowers analysts to test how future supply chain changes would perform in terms of cost, service, and risk, and business users can answer role-specific questions with no specialized training required.

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Funding Insights

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