Vekia develops AI and machine-learning solutions for supply chain and demand forecasting, offering a SaaS platform that optimizes in-store and warehouse deliveries. Its platform incorporates transaction history, promotions and seasonality to deliver up to 97% forecast accuracy. The company serves major retailers including Galeries Lafayette, Mr. Bricolage, Leroy Merlin, Etam Group and others. Vekia has invested heavily in its engine (120 man-years of development and six dedicated AI scientists) and now offers its solutions in SaaS mode. It currently employs about 60 people and plans to double headcount over the next year while continuing product and algorithmic improvements. Vekia is positioned in multiple European markets and is scaling internationally.

Total raised

$14M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2017