Nimbly Applied sciences, a Singapore-based firm specialising in supply-chain danger administration, has raised US$4.6 million in pre-Collection A funding led by Insignia Ventures Companions.
Sovereign Capital and Saison Capital additionally participated within the funding.
The recent funds shall be used to speed up Nimbly’s progress throughout markets inside Southeast Asia.
The corporate additionally famous it just lately sealed a partnership with Specific Meals Group as a part of its regional growth plans.
Based in 2018 by Daniel Hazman and Jonathan Keith, Nimbly permits corporations to observe and confirm the implementation of Commonplace Working Procedures (SOPs) in a number of areas, uncover data-driven operational insights and observe points till decision.
By bettering effectivity, Nimbly claims it’s unlocking value financial savings for its prospects by making their human useful resource allocation extra environment friendly, minimising paper spending and decreasing man-hours spent on reporting, compiling and analysing knowledge.
It additionally aids corporations in minimising fraudulent behaviour in frontline operations with validation strategies leveraging pc imaginative and prescient and geo-fencing.
Additionally Learn: Why it’s crucial to spend money on digitalising the availability chain
Nimbly’s clientele contains meals & beverage corporations, together with KFC and Kopi Kenangan; retailers like 7-Eleven and Below Armour; and international agriculture firms resembling Wilmar and Cargill.
“With the shut of our latest spherical, we sit up for delivering much more worth to our prospects by increasing our product providing to incorporate deeper analytics, thriller shopper and worker coaching,” mentioned CEO Hazman.
“We are going to proceed to speculate closely in our know-how, growing a greater expertise and additional automating routine duties by leveraging pc imaginative and prescient and machine studying,” he revealed.
“SaaS enterprise is an rising vertical in Southeast Asia with extra companies of all sizes and throughout industries in search of to transition and even improve their capabilities to software program instruments,” opined Yinglan Tan, Founding Managing Companion of Insignia Ventures Companions.
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Picture Credit score: Nimbly Applied sciences
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