ConverSight

Overview
News
Supply Chain Tech?
Data Infrastructure & Analytics?
Product stageSegments
Go-to-Market
?
Supply chain planning
?

ConverSight offers an AI-powered augmented analytics platform. The platform provides solutions for generating business intelligence, predictive analytics, and business planning capabilities. The platform provides solutions to business functions such as supply chain, services, sales, procurement, and finance. In terms of supply chain and procurement, the platform provides solutions for visibility and optimization as well as real-time inventory optimization. 

These functionalities are supported by its AI assistant “Athena” (similar to Siri and Alexa), which allows users to interact with the platform by simply asking questions to access business insights. These insights are delivered through real-time, voice-activated reporting, storyboards, and alerts, making it easier for the users to arrive at informed and accurate decisions. The company has also developed generative AI application “ConverSight GPT,” which enables users to generate personalized data stories including executive summaries, recommendations, and insights for business decision-making.

The company's solutions are used in the manufacturing, retail and ecommerce, and distribution industries.

Key customers and partnerships

As of August 2023, the platform was used by over 200 companies including companies such as Extract, Dr. Agarwal’s Eye Hospital, and Sonic Tools.

In August 2022, the company partnered with mySibi, a B2B online marketplace for food ingredients, to assist sellers in improving demand planning and forecasting through enhanced demand visibility, optimizing inventory levels, and developing scalable customizable capabilities based on customer needs.

Finding and financials

In August 2023, the company raised USD 9 million in a Series A round led by Surface. The funds were to be used to drive marketing and product development efforts.

HQ location:
1220 Waterway Blvd. Indianapolis IN USA
Founded year:
2017
Employees:
101-250
IPO status:
Private
Total funding:
USD 16.0 mn
Last Funding:
USD 9.0 mn (Series A; Aug 2023)
Last valuation:
USD 3.3 mn (May 2017)
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