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paretos

Palo-Alto-Platz 13, Heidelberg, Baden-Wurttemberg, 69124, Germany

Overview

paretos provides an AI-based Decision Intelligence platform that helps companies optimise and automate decision-making across complex supply chains and critical business processes. Its platform is used by customers including HelloFresh, Otto Group, Faller Packaging, ARMEDANGELS, and EDEKA. The company says its solution typically delivers an ROI of over 100% in the first year and generates business impact worth millions. Pareto's founders, Thorsten Heilig and Fabian Rang, plan to use new capital to accelerate growth and expand the company's technological lead. Gartner has recognised paretos as one of nine European representative Decision Intelligence providers. Investors cite the firm's strong application focus and ability to deliver measurable ROI as reasons for backing its expansion. Paretos is a German AI-based software-as-a-service startup that uses predictive data science to help companies solve complex problems. Its platform uses existing company data to create forecasts and impact analyses that support better business decisions. The product is designed to remove the need for companies to hire their own data-science teams and to allow businesses to access cutting-edge AI capabilities. Founders Fabian Rang and Thorsten Heilig launched the software in August 2021 and operate from Heidelberg, Germany. The company raised an initial €3.5M seed and has since increased total funding to €10M after a €6.5M second seed. Investors in the recent round include UVC Partners, LEA Partners, Interface Capital, and business angel Hannes Ametsreiter. paretos is a Heidelberg-based startup offering an AI-based SaaS platform for business forecasting and optimization. Founded in mid-2020 by Fabian Rang and Thorsten Heilig, it launched in early 2021. The product applies modern machine learning to analyze existing company data, visualize correlations in a user-friendly dashboard, and identify optimization potentials without requiring data-science expertise. It targets innovative SMEs, dynamic startups and large corporations, and counts customers including Accenture. Paretos aims to democratize data science by making analysis processes as easy to deploy and integrate as an email program. The company recently raised €3.5 million—primarily from B2B investor LEA Ventures and a strong angel consortium—to further improve its forecasting and optimization platform.

Total raised
$24M
Funding rounds
3
Latest round
Series A
Latest activity
Oct 2024

Industries

  • Analytics
  • Artificial Intelligence (AI)
  • E-Commerce
  • Industrial
  • Insurance
  • Machine Learning
  • Marketing
  • Professional Services
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Recent funding

  1. Series A

    Oct 2024

    $10M

  2. Seed

    Sep 2022

    $10M

  3. Equity

    Sep 2021

    $4M

Team