French SaaS Startup Pelico Raises $18.5 Million For Its Supply Chain Management System 

Pelico, a Paris, France-based SaaS platform for factory operations that empowers manufacturers to deal with rising levels of complexity and volatility in their operations, announced that it raised $18.5 million in funding.

 

Pelico, the factory operations SaaS platform that empowers manufacturers to deal with rising levels of complexity and volatility in their operations, today announced that it has raised $18M led by 83North and Serena with participation from La Famiglia & ISAI as well as multiple business angels such as Adrien Nussenbaum (Mirakl), Carsten Thoma, Bastian Nominacher (Celonis). The funds will allow Pelico to grow its team, significantly invest in its technology, and expand its internal presence.  Pelico will open 50 new positions in France and the United States over the next 18 months to continue its growth and become the operations management system of the modern factory 

 “The complexity of operations in discrete manufacturing is constantly increasing as we are switching from a model of mass production to a model based on personalized products, reduced volumes and shorter cycle times. This complexity is also reinforced by recurring supply chain shocks (brexit, covid, ukrainian war…). Our job is to absorb all this complexity in order to help operational teams continuously monitor risks in the production chain and facilitate the decision-making process across the factory” explains Tarik Benabdallah, CEO and Co-founder of Pelico. 

Pelico was founded in 2019 by a team who is a mix of former operational leaders (Tesla, United Technologies, Mercedes…), experienced software engineers (Palantir, Criteo, Dassault…) and applied math researchers. Pelico’s operations management system connects factory teams to manage daily volatility and deliver products on time, at cost. It empowers factory teams to continuously anticipate bottlenecks, act fast with AI-assisted recommendations, and collaborate across teams on the implementation of corrective actions. Pelico is based in Paris, France.  

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