Reshape Automation, a San Francisco, CA-based AI-powered solution transforming industrial automation from discovery to deployment, raised $5m in seed funding.
The round was led by Ironspring Ventures and included new investors Haystack, Supply Chain Ventures, Remus Capital, Expansion VC, and prominent angel investors including Amar Hanspal, former co-CEO of Autodesk, alongside existing investors Schematic Ventures and Bee Partners. In conjunction with the funding, Ty Findley, co-founder & General Partner of Ironspring Ventures, joined the Reshape Board of Directors.
Co-founded by Juan Aparicio and Carlos Vanegas, Reshape provides a platform that consolidates and analyzes process data, tracks requirements, and aggregates demand and supply for automation equipment and services. With its recommendation engine, transparent pricing, and AI agents, the platform accelerates adoption, boosts transparency, and reduces risk for manufacturers and supply chain companies.
With this new capital, the company will accelerate the development and deployment of its product suite, the ““”Reshape Industrial Automation Hub”””. Under this umbrella, Reshape is announcing two new products: Reshape Insights and Reshape Planner, and integrating its existing Reshape Market, which now features hundreds of automation products and solutions with plans to add thousands in the coming years. Additionally, Reshape Services ensures that automation continues to deliver value well beyond installation. This suite of products empowers manufacturers and warehouse operators to increase visibility into their processes, optimize them, and build real ROI cases for automation.
FinSMEs
12/09/2024