Pull Logic Closes Seed Funding Round to Revolutionize Inventory Management

Advancing Inventory Efficiency with AI

Pull Logic, a pioneering force in inventory management solutions, proudly announces the successful completion of its seed funding round. This capital influx will be instrumental in advancing the company’s mission to empower businesses, minimize lost sales, and optimize inventory efficiency.

Foundational Research and AI Integration

Founded on the research of Dr. Benoit Montreuil, a prominent figure at the Georgia Institute of Technology's Supply Chain & Logistics Institute, Pull Logic leverages artificial intelligence to decode consumer demand and manage inventory with precision. By understanding shopping behaviors and the intricate trade-offs customers make, the company offers a revolutionary approach to inventory management.

Investor Support and Industry Confidence

The funding round's success was achieved through the unwavering support of esteemed investors, dedicated team members, and an engaged community. Pull Logic extends its heartfelt gratitude to Silicon Road Ventures, Fintech Ventures Fund, and Pax Momentum for their unwavering support and belief in the company’s vision.

Industry Insights from Key Investors

Sid Mookerji, Managing Partner & Founder of Silicon Road Ventures, stated that Pull Logic is building the holy grail for retailers, brands, and manufacturers at a time when the industry is being transformed and disrupted like never before. Getting the right merchandise in the right place at the right time can result in increased sales and reduced inventory costs: metrics that could make or break companies worldwide. Pull Logic is solving this using proven, proprietary IP built at Georgia Tech. The firm is excited to be a part of this journey.

Lucas Timberlake, General Partner & Co-Founder of Fintech Ventures Fund, added that Pull Logic is optimizing the way products are sold, through an AI-based approach that introduces proprietary KPIs and dynamic inventory forecasting tools. The firm looks forward to leveraging its longstanding pre-existing relationship with members of the Pull Logic founding team to support the company in its next chapter of growth.

Accelerating Growth and Market Expansion

With this significant milestone, Pull Logic is poised to accelerate its growth trajectory and expand its reach to a broader customer base. The company is eager to leverage this momentum to introduce its cutting-edge solutions to more businesses aiming to streamline their operations and enhance profitability.

Future Outlook and Vision

Karl Swensen, Co-Founder and CEO of Pull Logic, expressed great excitement about the possibilities that lie ahead. This funding marks a significant milestone in the company’s journey, and they are grateful for the confidence placed in them by their investors. With their support, Pull Logic is well-equipped to propel to new heights and deliver unparalleled value to its customers.