Optilogic Closes $40M Series B to Accelerate Development of Breakthrough Optimization and Decision-Making Platform
Summary
With Funding Led by NewRoad and Joined by MK Capital and Moore Strategic Ventures, Optilogic Advances Striking Innovations in Data Transformation and AI-powered Decision Support ANN ARBOR, Mich., April 8, 2025 /PRNewswire-PRWeb/ -- Supply chain design software innovator Optilogic closed its $40 million Series B round today, led by NewRoad Capital Partners, an operator-led investment firm focused on high-growth supply chain and logistics, retail, and marketing technology companies, and joined by MK Capital and Moore Strategic Ventures. The funding will empower Optilogic to intensify development of its industry-first optimization and decision-making platform which will transform how global businesses reimagine supply chains. By connecting executive objectives to operations teams that implement change and facilitating the transformation of huge data sets into the worlds biggest digital models, we are enabling companies to reimagine supply chains in a way never before possible," said Don Hicks, CEO of Optilogic. Clete Brewer, Managing Partner at NewRoad, emphasized the broader industry impact of the investment: "We, along with many enterprises in our network, believe that Optilogic is transforming how companies design and optimize their supply chains. Our Cosmic Frog solution empowers analysts to test how future supply chain changes would perform in terms of cost, service, and risk, and business users can answer role-specific questions with no specialized training required.