Artificial Intelligence Financing: Boosting AI-Powered Logistics Systems to the Tune of $43.5 Million (Investment by Lyric)
In a significant stride towards the integration of artificial intelligence (AI) in supply chain operations, Lyric has secured a $43.5 million Series B funding round. The round was led by Insight Partners, with participation from Primary, Permanent Capital Ventures, VMG Partners, PSP Partners, and NewBuild VC.
This investment is a testament to the market's appetite for tools that deliver adaptive, data-powered decision-making. The funding will be used to fuel the growth of Lyric's AI-driven supply chain intelligence platform.
Lyric, positioned at the heart of the AI revolution in supply chain operations, has caught the attention of industry giants. Mondelēz International, one of the world's largest food and snack manufacturers, has begun deploying Lyric's platform. Natesh Rao, Supply Chain Leader at Mondelēz, praised Lyric's algorithmic horsepower and technical team as exceptional.
The recognition from Gartner further solidified Lyric's position. Gartner named Lyric a 2025 Cool Vendor in cross-functional supply chain technology, highlighting its ability to tackle complexity with an adaptable, AI-first approach.
The ongoing shift in investor attention towards technology that can keep pace with increasingly complex global logistics is evident. Venture capital is flowing steadily into AI-heavy companies across logistics and supply chain management. Investors are increasingly betting that artificial intelligence can help companies react faster, anticipate, and prevent bottlenecks.
Ganesh Ramakrishna, Co-Founder and CEO of Lyric, stated that this investment is a signal of a deeper transformation in how supply chains operate. He emphasised that supply chains today are too complex and volatile for static software, and leaders need platforms that adapt to them, not the other way around.
The industry is not just ready for the shift towards AI in supply chain operations, but it's demanding it, according to the article. This investment in Lyric is a step towards building the next generation of supply chain infrastructure, as stated by Ganesh Ramakrishna.
With this new funding, Lyric aims to expand its platform and continue building essential infrastructure for the next era of supply chain operations. The company is poised to play a significant role in the AI-driven future of supply chain management.
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