appengine.ai

Artificial Intelligence | Machine Learning | Automated Planning and Search Part Analytics | AI-Powered Strategic Sourcing Solution


Enterprise Software, Supply Chain Risk, Procurement, Analytics Brookfield, WI, United States

Part Analytics

Artificial Intelligence | Machine Learning | Automated Planning and Search


Part Analytics | AI-Powered Strategic Sourcing Solution

Part Analytics

Enterprise Software, Supply Chain Risk, Procurement, Analytics


Brookfield, WI, United States

Part Analytics strategic sourcing solution transforms Direct Material Sourcing to optimize cost, drive efficiency and mitigate supply chain risk with AI-powered analytics and insights. By combining organization's internal data with market, community and network data, our AI powered platform continuously streams opportunities for savings and risk mitigation to enterprise sourcing leaders. On average, we are able to save enterprise customers up to 20% in direct material costs. Part Analytics is a Big Data analytics company focused on bringing data driven analytics to strategic procurement and engineering professionals and improving the electronics parts procurement process. Its SaaS based predictive analytics platform with a modern and intuitive UI enables smarter data driven decision making to optimize cost and improve profit margin. Part Analytics platform provides ability to manage commodity spend by supplier, commodity type, business or product including actionable insights on cost and risk reduction opportunities.

 

B2B

1 to 25

Seed

$1 M

Scaling Up

2018

 
 

Retail and Commerce
Logistics and Supply Chain
Information Technology and Services
Enterprise Software

N/A

Increase Productivity

 
 

Analytics
IT and Security
Service

Yes

Active

 
 

   Machine Learning
   Automated Planning and Search
   Knowledge Representation and Reasoning


N/A


N/A

 

   Software


N/A


N/A

 
 

1

1

$3 M

Company was founded 2018 and it took almost 3 years (Aug 2021) to raise first external round

 
 

Date

Round

$ Raised

Investors

08/12/2021

Funded

$3 M

MK Capital

Date : 08/12/2021

Round: Funded

$ Raised: $3 M

Investors: MK Capital

 
 
Jithendra Palasagaram


Jithendra Palasagaram
CEO/Founder

Jesil Pujara


Jesil Pujara
Co-Founder, Head of Product