Endeavor, a San Francisco, CA-based provider of an enterprise AI platform for manufacturing companies, raised $7m in seed funding.
The round was led by Craft Ventures with participation from Heartland Ventures, Contrary Capital, and BoxGroup.
The company intends to use the funds to expand operations and its business reach.
Led by Sahitya Senapathy, founder and CEO, Endeavor provides an AI powered smart manufacturing solution to scale every part of the business including automating sales, production, and supply chain processes.
The company partners with manufacturing enterprises to identify operational bottlenecks, apply its AI platform to unify siloed data systems, and automate key processes across multiple departments. The company’s AI platform connects to both structured and unstructured data sources—like ERP systems, spreadsheets, and PDFs to unlock capabilities previously unavailable to customers.
Key use cases include:
- Sales Automation: Automating quoting, pricing, and customer support tasks aimed at reducing lead times and increasing revenue by optimizing customer interactions.
- Inventory & Operations Planning: Enabling inventory optimization and material planning to ensure just-in-time operations, minimize waste, and reduce downtime.
- Supply Chain Management: Streamlining purchase orders and advanced shipping notice alerts to form more resilient and responsive supply chains.
FinSMEs
05/11/2024