ketteQ, an Atlanta, GA-based company that provides supply chain planning and control tower solutions, raised $9 million in Series A funding led by Vocap Partners with co-investment from Circadian Ventures.
The funding will be used to accelerate the company’s growth and enhance its mission to transform supply chain visibility and scenario planning worldwide.
"We are thrilled to have secured this investment from such reputable and experienced investors.” said ketteQ CEO Mike Landry, “This funding will allow us to extend our reach in delivering world-class solutions that help our customers improve their operations, reduce costs, and increase efficiency. We are excited to partner with Vocap and Circadian, who bring a wealth of knowledge and expertise to the table."
ketteQ's innovative, end-to-end visibility and optimization platform are built on a cloud-native architecture that uniquely leverages the Salesforce and AWS clouds. The solutions enable companies to make data-driven decisions and reduce costs while improving customer service.
The company's technology leverages machine learning and artificial intelligence to create dynamic models and scenario planning, allowing a broad range of customers to optimize their inventory, logistics, production, material, and service parts operations, and helping global brands such as Carrier, Trimble and Coca-Cola Bottlers of Japan, better meet supply chain demands.
Company: ketteQ
Raised: $9.0M
Round: Series A
Funding Month: March 2023
Lead Investors: Vocap Partners
Additional Investors: Circadian Ventures
Company Website: https://www.ketteq.com/
Software Category: Supply Chain Management and Automation Solutions
About the Company: ketteQ was founded in 2018 with the mission of providing a powerful and flexible supply chain planning and visibility solution platform on salesforce.com and AWS clouds. ketteQ is dedicated to building a new paradigm for Supply Chain planning and operations. Built on Salesforce and AWS, with strengths in security, scalability, and configurability, ketteQ offers supply chain organizations extended capabilities to fill in the gaps left by legacy systems with unparalleled analytics and visibility for today’s supply chain needs.
Source: https://www.prweb.com/releases/2023/3/prweb19234802.htm