It’s been hot in SuperSeed towers recently with 2 exits in as many months. Today we’re extremely proud to announce the sale of Garvis to Logility, a US publicly traded supply chain solution company.
We led the $3.4m seed round late last year, investing with Robert Bosch Venture Capital and Scalebridge Capital. As unusual as it is to accelerate from seed to exit within a year! it’s been a gift working with the team and helping them get to this point in their evolution.
Garvis run by Piet Buyck and his team help large FMCG organisations such as J&J, Bacardi and Fortune Brands use Ai to better manage supply chains and forecast demand.
They offer a unique white box Ai solution, with near zero time to value for clients, which severely disrupted the industry and enabled blistering growth.
To such an extent that multiple offers of further investment were received, as well as options to sell. The chosen partner was Logility, enabling deeper levels of funding and global access to world leading brands.
The rocket ship has now left orbit.
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