Replan, a London, UK-based company that claims to streamline complex supply chain planning, announced that it raised £2 million (approximately €2.4M) in a round of funding led by Hoxton Ventures, Replan raised total funding of over £5 million to date.
The funds will help support the launch of its new production planning software for manufacturers. The launch comes as supply chains continue to experience disruption due to the pandemic, supply shortages, and geopolitical unrest.
The company will also utilize the funds for its market growth in the UK and Europe, as well as future expansion into North America.
Company: Coolgarif Technologies Ltd.
Funding Month: April 2022
Lead Investors: Hoxton Ventures
Company Website: https://replan.tech/
Software Category: Digital Supply Chain SaaS
About the Company: Founded in 2012 by Richard Barter, Replan is a supply chain planning company on a mission to redefine the planning process. Its cloud-based production planning software helps manufacturers navigate disruption and reduce costs through automated production planning optimization. Replan helps manufacturers to navigate supply chain disruption and reduce costs by empowering their planners with automated planning optimization. The software enables planners to generate complex production sequencing in minutes, automatically applying the right AI algorithm to gain full control over demand forecasting and supply chain planning.