Lyric, a Sunnyvale, CA-based AI-powered platform transforming supply chain decision-making, has raised $43.5 million in Series B funding.
Investors
The round was led by Insight Partners, with participation from Primary Venture Partners, Permanent Capital Ventures, VMG Partners, PSP Growth, and NewBuild Venture Capital.
Insight Partners is a global software investor that partners with high-growth technology, software, and internet startups and scale-up companies, driving transformative change in their industries. With over $90B in regulatory assets under management, Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight also has offices in London, Tel Aviv, and the Bay Area.
Lyric Use of Funds
The company will use the funding to enhance its product roadmap, expand its library of supply chain algorithms, deepen AI capabilities, and grow customer success and community initiatives.
About Lyric
Founded in 2022, Lyric is an AI-powered platform designed to make supply chain decision-making faster, smarter, and more adaptable. Its flagship product, Lyric Studio, is a composable platform that enables enterprises to tailor decision intelligence to their unique needs through seamless data integration, a robust library of algorithms, and an intuitive workflow builder. Headquartered in Sunnyvale, California, Lyric's mission is to help enterprises build better supply chains by empowering their teams with a platform that brings together the best of data, algorithms, workflows, and accelerated computing.
Funding Details
Company: Lyric
Raised: $43.5M
Round: Series B
Funding Date: August 2025
Lead Investor: Insight Partners
Additional Investors: Primary Venture Partners, Permanent Capital Ventures, VMG Partners, PSP Growth, NewBuild Venture Capital
Company Website: https://lyric.tech/
Software Category: Supply Chain AI / Decision Intelligence
Source: https://www.prnewswire.com/news-releases/lyric-raises-43-5m-series-b-to-transform-supply-chain-decision-making-with-ai-302520358.html