Next-generation supply chain intelligence startup Lyric gets $43.5M in funding
· Source: siliconangle.com
In short
Supply chain intelligence startup Lyric has secured $43.5 million in Series B funding to expand its AI-powered platform, which enhances supply chain operations through advanced modeling and analytics. The platform, Lyric Studio, helps companies optimize inventory management and transportation logistics, addressing the growing demand for real-time decision-making tools. Lyric's revenue has grown over 500% in 18 months, with Fortune 500 clients like Mondelēz International adopting its technology.
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Tags: logistics, forecasting, automation, inventory, optimization, analytics