Optilogic
309 S Main St, Ann Arbor, Michigan, 48104, United States
Overview
Optilogic provides supply chain design software that enables companies to build virtual supply chain models to answer supply chain questions and safely test and implement changes. Its Cosmic Frog solution lets analysts model how future supply chain changes will perform on cost, service, and risk, and enables business users to answer role-specific questions without specialized training. Led by CEO Don Hicks, the company raised $40M in a Series B to support growth. Optilogic intends to use the funds to intensify development of its optimization and decision-making platform. The announcement positions the company to accelerate product development and broaden adoption among supply chain teams. Optilogic provides a SaaS platform, Cosmic Frog, that enables users to incorporate optimization, simulation, and risk into supply chain design scenarios to assess cost, service and risk tradeoffs. Cosmic Frog, launched in November 2022, is a three-in-one design that includes optimization, simulation and risk engines, can run very large models quickly, and automatically converts legacy supply chain design models. The company is led by CEO and Founder Donald A. Hicks and is focused on expanding enterprise adoption across consumer goods, retail, logistics, manufacturing and distribution. Optilogic said it will use new funding to expand go-to-market programs and further develop the Cosmic Frog platform. Alongside product and solution enhancements, the company expanded its global R&D, customer success and executive leadership team with new appointments and promotions.
- Total raised
- $53M
- Funding rounds
- 2
- Latest round
- Series B
- Latest activity
- Apr 2025
Industries
- Risk Management
- Simulation
- Software
- Supply Chain Management
Recent funding
Series B
Apr 2025
$40M
Equity
Feb 2023
$13M