Optilogic, an Ann Arbor, MI-based supply chain design software provider, raised $40M in Series B funding.
The round was led by NewRoad Capital Partners, with participation from MK Capital and Moore Strategic Ventures.
The company intends to use the funds to intensify development of its optimization and decision-making platform.
Led by CEO Don Hicks, Optilogic is a supply chain design software company that enables companies to build virtual supply chain models which allow them to answer any supply chain question and safely test and implement supply chain changes. Its Cosmic Frog solution empowers analysts to test how future supply chain changes would perform in terms of cost, service, and risk, and business users can answer role-specific questions with no specialized training required.
FinSMEs
07/04/2025