4 years ago
Cogsy Secures $6 Million Seed Funding for E-commerce Supply Chain Platform
Cogsy, a London-based startup providing a real-time operational intelligence and supply chain management platform for SME e-commerce merchants, has raised $6 million in seed funding
The round was led by Accel with participation from Bain Capital Ventures, WooCommerce (Automattic), Sugar Capital, and RiverPark Ventures
Cogsy intends to use the funds for key hires, platform enhancements, and new integrations
The company was co-founded by Adii Pienaar and Stefano Sala in 2021.
ProblemTechnology
"Small and medium-sized e-commerce merchants struggle to manage their inventory and supply chains efficiently, leading to lost sales, inaccurate forecasts, and inefficient capital allocation."
Solution
"Cogsy provides a real-time operational intelligence and supply chain management platform that helps e-commerce merchants forecast sales, optimize inventory, and improve their overall operational efficiency. It also integrates with various existing tech stacks, providing a holistic view of operations."