How much funding has GenLots raised?

GenLots has raised $1.1M in total funding, most recently a Seed round.

Who are GenLots's investors?

GenLots's investors include Fly Ventures, ACE & Company.

Where is GenLots headquartered?

GenLots is headquartered in San Francisco Bay Area, Switzerland.

What industry is GenLots in?

GenLots operates in Mobility, Artificial Intelligence, SaaS.

GenLots

AI-Powered Efficiency with Every Order

San Francisco Bay Area, Switzerland · Founded 2017 · $1.1M raised

Mobility

Artificial Intelligence

SaaS

Headquarters: San Francisco Bay Area
Employees: 1–10
Founded: 2017
Business Model: B2B

Website: genlots.com
Total Funding: $1.1M
Last Round: $1.1M SeedDec 2019
Rounds: 1

About

GenLots is a Swiss supply chain technology company that applies AI-powered dynamic lot sizing to help manufacturing companies optimize procurement and inventory purchasing. Its proprietary AI, developed from academic research focused on lasting procurement challenges, gives supply chain and procurement teams full transparency on financial outcomes by dynamically calculating optimal order quantities and timing. GenLots claims savings of up to 60% on inventory costs. The company serves manufacturing firms and is headquartered in Switzerland, founded in 2017.

Summary

GenLots is a Mobility company based in San Francisco Bay Area, Switzerland, founded in 2017. It has raised $1.1M in total across 1 round, most recently a $1.1M Seed round in Dec 2019. Investors include Fly Ventures and ACE & Company.