News: Press Coverage
CognitOps Ready To Put $3M Seed Round To Work For Warehouse Managers
Crunchbase News | June 16th, 2020
Warehouse management startup CognitOps is focusing on its go-to-market strategy with a new round of funding and a new executive to lead the charge.
On Wednesday, the Austin-based company announced its $3 million seed round led by Chicago Ventures, with Schematic Ventures, CEAS Investments and Redwood Technologies also participating. Including the new funding, CognitOps has raised a total of $3.5 million since its inception in 2018, according to Crunchbase data.
CognitOps’ artificial intelligence-driven supply chain software focuses on improving warehouse management, collecting data from operations, and enabling machine-learning capabilities to turn all of that into recommendations and insight, CEO Alex Ramirez told Crunchbase News.
“We get a view of the entire warehouse and help all of the chess pieces be in line to go faster,” he added.