LeanDNA Raises $15M in Series B Funding

Funding Rounds

▤ Summary

LeanDNA, an Austin, TX-based purpose-built, prescriptive analytics platform for factory management, secured $15m in Series B funding. The company intends to use the funds to scale its global offering, expand its customer base and support other strategic growth initiatives. Led by Richard Lebovitz, CEO, LeanDNA provides global manufacturers with a platform to optimize inventory, avoid shortages and improve on-time delivery. Leveraging predictive analytics and prescriptive AI to power actionable, automated recommendations, the platform promotes real-time collaboration and standardization across systems, suppliers and sites. Customers utilizing the company’s factory analytics software include global manufacturers such as Spirit AeroSystems, Safran, PSG Dover and Integra LifeSciences.

$ Funding

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Amount $15.0M Total raised
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Date December 11, 2019 Announcement date
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Investors S3 Ventures Lead investors
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Company http://www.leandna.com Funded company

▥ Classifications

industries
Manufacturing Industry
applications
ERP & Process Management

◇ AskAI Classifications

Labels
Supply Chain Software AI Software SaaS

▦ Linked Companies

LeanDNA
$1M to $5M