Magentic, the artificial intelligence agent platform that hunts and delivers savings across global manufacturing supply chains, today announced a $5.5 million funding round.
The team's growth will be accelerated by the fundraise with participation from The Westly Group.
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Robin Van Aeken, Magentic's co-founder and CEO said, "Supply chains are the hidden engines of our world, responsible for every phone, medicine, and plane in our lives."
One Magentic partner found previously undetected, according to McKinsey & Company.
Magentic deploys off-the-shelf, procurement and supply chain domain-specific artificial intelligence teammates into operations.
"For the first time, we have the technology to understand all our data across previously incompatible systems," said O'Donoghue.
Magentic was founded by Robin Van Aeken, who led teams at McKinsey & Company for global manufacturers and Odhran O'Donoghue, who holds a PhD in Machine Learning from the University of Oxford.
The best artificial intelligence companies are selling outcomes not seats.
Magentic's customers span consumer packaged goods, pharmaceutical, and advanced manufacturing sectors across the US and Europe.
Magentic wants to help its customers achieve automated operations with human strategic thinking and relationships at the center.
To book a demo, please visit Magentic's website.
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Magentic is a source.
Spolenost Magentic, platforma pro agenty s umlou inteligenc.
acuchach dostaw w sektorze produkcyjnym.
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