Pelico, a factory operations SaaS platform provider based in Paris, France, has raised $18.5 million in funding.
With volatile demand, fragmented supply chains, and increasingly complex products, supply chain and manufacturing have become more complex than ever.
The operational context shifts faster than the ability of teams to plan. This results in constant firefighting and supply chain disruptions, endangering timely deliveries and sales and causing costly cost overruns.
Pelico is a smart digital companion that enables operational teams to achieve predictable results by anticipating and resolving production bottlenecks.
Carsten Thomas is the founder of Hybris and a former SAP executive.
The funds will be used to expand the company’s team, invest in technology, and expand its internal presence.
The round was led by 83North and Serena Capital, with La Famiglia & ISAI and business angels also participating.
Pelico, led by CEO Tarik Benabdallah, offers an operations management system that connects factory teams in order to manage daily volatility and deliver on time.
It enables factory teams to continuously anticipate bottlenecks, act quickly with AI-assisted recommendations, and collaborate across teams on corrective action implementation.
Since its inception in 2019, the company has served numerous manufacturing leaders in France, Germany, and Switzerland, as well as in a variety of industries (Aerospace & Defense, Luxury…).