PlaniSense carries out a first fundraising of 1.8 million euros to help industrial groups meet the new challenges of the Supply Chain

Eighteen months after the launch of its SaaS platform, PlaniSense, publisher of Supply Chain planning software solutions, announces a first fundraising in the amount of 1.8 million euros carried out in equity and debt.

Health crisis, inflation, geopolitical instability: Supply Chain planning has become a particularly difficult challenge for many companies. Based on this observation, the publisher PlaniSense has deployed a unique digital platform which aims to strengthen the responsiveness, but also the proactivity of industrial companies. Dedicated to end-to-end planning of the Supply Chain, this solution gives more agility to manufacturers by offering them the possibility of automating planning in real time and designing executable scenarios from one end to the other chain. The result is greater operational efficiency, cost reductions and better inventory and resource management.

PlaniSense counts among its clients big names in the industry such as LVMH, Groupe Bel, Lactalis and the automotive supplier Forvia. The collaboration with the latter proved particularly fruitful in that it resulted in a 5% increase in the efficiency of the injection plants, a 50% reduction in breakages on the assembly lines and a 25% reduction in losses of plastic raw materials. An economic and ecological feat for which PlaniSense was distinguished by winning a gold medal during the 3rd edition of the Supply Chain Night organized by Republik Supply in December 2023.

300% growth in 2023 and an ambition to triple annual recurring revenue in 2024
To support its strong commercial growth, PlaniSense has just completed a first funding round of 1.8 million euros from a pool of investors made up of family offices, entrepreneurs and banking partners including BPI. This fundraising aims to support the development of the company, which plans to multiply its recurring annual revenues by 3 in 2024.

The funds raised will be partly allocated to R&D and will allow PlaniSense to continue to develop the functionalities of its solution by addressing the major challenges represented by AI and sustainable development. The publisher will also continue its deployment in Europe and North America in the food, cosmetics, luxury and automobile sectors, as well as in the pharmaceutical industry, chemicals and aeronautics. To support these ambitious development projects, PlaniSense will recruit new tech and sales engineers, who will strengthen a team which currently has 30 employees.

“This first round of financing demonstrates the confidence of investors in our solution, which is aimed at manufacturers in many sectors, in a context of profound changes in the Supply Chain. Our objective is to optimize an already very efficient platform to conquer new markets, including exports, and to best meet the expectations of our current and future customers” says Nazim Nachi, CEO and co-founder of PlaniSense.

Photo 
The PlaniSense leadership team, from left: Weilin Wang, CDO; Mustapha Sali, CPO/CTO and co-founder; Nazim Nachi, CEO and co-founder; Ana Sofia Diaz Duran, CMO.

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