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TrueGradient AI Secures $700K in Seed Funding to Revolutionize Supply Chain Planning

TrueGradient AI

Funding Amount
USD 700.0K
Company Size
11-50 employees
Industry
Software Development

TrueGradient AI is thrilled to announce the successful raise of $700,000 in funding, a significant step towards revolutionizing supply chain planning through innovative technology. Founded by industry veterans with extensive backgrounds at renowned companies such as Amazon, Walmart, Mondelēz, and IBM, TrueGradient is on a mission to bridge the time-to-value gaps that have long plagued the supply chain planning landscape. Our groundbreaking Self-Serve platform sits at the intersection of Auto-ML and supply chain planning, designed to empower companies of all sizes by facilitating end-to-end decision-making processes. With key functionalities that include demand forecasting and network optimization, inventory management, pricing, promotion, and assortment strategies, our platform stands to deliver remarkable improvements such as double-digit forecast accuracy increases, up to a 30% reduction in days of supply, and significant decreases in promotion spending. The recent funding will allow us to enhance our AI Neural Engine capabilities and further advance our goal of democratizing access to advanced AI techniques for supply chain professionals everywhere. By fostering seamless integration of tools like Deep Learning and Stochastic Optimization, we are committed to helping organizations embrace AI, empower their teams, and ultimately drive unparalleled supply chain value. Interested in experiencing the power of Self-Serve AI? Explore our on-demand demo at https://truegradient.ai/ and witness the future of supply chain planning firsthand!

December 4, 2024

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  • AI Consulting
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  • Data Analytics
  • Revenue Optimization
  • Technology Solutions

Investors

Shastra VC

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