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GenLots
company
About
GenLots is how manufacturing companies plan their material purchases for production. Our SaaS product implements under 3 months.
- 1 - 10
Highlights
Details
- Last Funding Type
- Seed
- Industries
- Artificial Intelligence,Machine Learning,SaaS,Software,Supply Chain Management
- Founded date
- Jun 1, 2017
- Number Of Employee
- 1 - 10
- Operating Status
- Active
GenLots developed at ETHZ, is an artificial intelligence company that discovered the optimal way to place an industrial company’s orders through time, based on its material requirements forecasts, while accounting simultaneously for all relevant factors (perishability, lead times, storage, etc.). It minimizes supply chain costs, allowing up to 40% reduction on inventory values and order costs per material.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
—
GenLots has raised a total of
—
in funding over 2 rounds. Their latest funding was raised on
May 23, 2021 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 23, 2021 | Seed | — | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
1
GenLots is funded by 1 investors.
ACE & Company
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
ACE & Company
|
— | Seed |
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