Ortec, a Zoetermeer, the Netherlands-based provider of decision support software and data science capabilities, received an investment from Battery Ventures.
The amount of the deal was not disclosed. Zak Ewen, a Battery partner based in London, joined Ortec’s board.
The company intends to use the funds to further strengthen its leadership position in the US and Europe in the field of supply chain, workforce-management and data science & consulting.
Co-founded by Aart van Beuzekom and Gerrit Timmer, and led by CEO Michael van Duijn, Ortec provides a software platform and data science capabilities that enable its customers to improve their business results. With 1,000 employees across 13 countries, the company serves over 1,200 customers including ASML, Heineken, Coca-Cola Enterprises, Procter & Gamble, Shell, Waitrose, Albert Heijn, G4S, Sodexo and Tesco.
In partnership with Battery, going forward, Ortec will offer products and services through three new divisions that focus on logistics and routing solutions, workforce-management solutions, and data science and consulting.
Moving forward, founders Aart van Beuzekom and Gerrit Timmer remain part of the board and will continue to take care of Ortec and its future.
FinSMEs
17/01/2024