TechCrunch
7bridges raises $17M to automate logistics supply chains using AI
Supply chain logistics — getting components and eventually finished products from A to B to C — is one of the most critical parts of running a business, not least because it is one of the most complex, involving dozens of companies, hundreds of combinations and permutations, accounting for world events outside of your business, a lot of people hours to figure it all out. Today, a startup called 7bridges that is aiming to simplify that by way of an AI-based automation platform — it ingests a company’s supply chain, operating and logistics data to present a user with optimized recommendations for how to move goods — is announcing $17 million in new funding, a sign of the demand in the market to address and fix how supply chains work. Shipping behemoth Maersk, by way of its fund Maersk Growth, is also in the round as a strategic backer: Maersk will be working with 7bridges to integrate its logistics and shipping data into 7bridges to help Maersk customers manage their logistics more easily.
Add Comment