The notable startup fundings for the week ending 2/22/20 featuring funding details for Algo, Aisera, Whatfix, and much much more.
Algo is the worldâs first supply chain analyst work bot. Algo is a full-stack platform that connects Artificial Intelligence, Augmented Reality, and Workflow Automation in a unique way to a specific set of industries: Retailers, distributors, and manufacturers. The companyâs deep domain knowledge of both technology and supply chain allows the team to rapidly train Algo on analytically rich workflows and business functions â like Demand and Inventory Planning, Sales Forecasting, New Product Lifecycle Management, Assortment Optimization and more. Algo is always on, doing day to day work, mining and scoring opportunities and looking for meaningful patterns. With an easy-to-use conversational interface, Algo is bringing natural language understanding, machine learning, and robust optimization to life within organizationsâ while creating an agile way to increase profits and cut costs. Founded by Amjad Hussain in 2016, Algo is backed by investors that include Integrity Growth Partners and The K Fund and is headquartered in Troy.