GenLots
AI-Powered Efficiency with Every Order
Switzerland · Founded 2017 · $1.1M raised
- Employees
- 1–10
- Founded
- 2017
- Business Model
- B2B
- Website
- genlots.com
- Total Funding
- $1.1M
- Last Round
- $1.1M SeedDec 2019
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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 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.
Tech & App Stack
7 technologies & apps tracked
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Funding History
Dec 2019
Investors
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