ThroughPut Raises $6M in Angel Funding
ThroughPut, a Palo Alto, CA-based provider a Supply Chain AI Optimization platform, raised $6M in Angel funding.
The backers were industry angels, domain experts, Family Offices, Industry Executives, experienced GPs, Advisors and Thought-Leaders seeped in Supply Chain, Operations, Manufacturing, Logistics, Artificial Intelligence, Machine Learning and Industrial Finance.
The company intends to use the funds to accelerate growth, accelerate product development, and scale the organization.
Led by Ali Raza, Founder and CEO, ThroughPut is a Supply Chain AI company that extends visibility into actionability by tapping into existing data to accelerate sustainable material flow, free-cash-flow, logistics distribution and higher OTIFs to optimize costs, reduce CO2 emissions and grow efficiencies across end-to-end value chains. The Supply Chain AI Orchestration software sits on top of existing data architectures to analyze, visualize and offer actionable recommendations for the greatest positive impacts and prioritization to their businesses. The software has already optimized over 40 million operational processes across clients’ global supply chain networks to minimize the wastage of resources and drive sustainable solutions. It supports organizations around the globe, including some of the largest food processing, packaging, building materials, cement, retail and government entities in the world.