ServiceNow, Honeywell Back Noodle.ai with $25M Series C to End Global Supply Chain Crisis

Funding Rounds

Summary

Yesterdays Planning Systems Cant Withstand Todays Supply Chain Volatility; Noodle.ais Tech Changes the GameSAN FRANCISCO, Sept. 29, 2022 /PRNewswire/ -- , creator of the worlds leading supply chain system of intelligence, today announced it has closed a $25M Series C funding round, including participation from the venture arm of ServiceNow ( NYSE: NOW) and Honeywell Ventures. The investments provide further validation of Noodle.ais innovative AI-driven platform, Inventory Flow, a supply chain system of intelligence that enables companies to profitably navigate some of the worlds most complex supply chain challenges.Noodle.ais Inventory Flow deploys pioneering data science technology, including deep probabilistic predictions, graphical neural networks and reinforcement learning. "Noodle.ai is combining human expertise with AI to science the crap out of supply chain predictions and corrections so that companies can achieve wildly profitable outcomes. Were delighted that our funding partners share our vision and have confidence in our ability to deliver real solutions to a major global problem. Noodle.ai has responded by creating a supply chain system of intelligence, optimized to enable companies to navigate the highly dynamic "post-normal" environment.

$ Funding

$
Amount $25.0M Total raised
Date September 9, 2022 Announcement date
Investors - Lead investors
Company http://noodle.ai/ Funded company

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Manufacturing Industry
applications
ERP & Process Management

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