Noodle.ai

Noodle.ai

Offers pioneering business solutions in Enterprise Artificial Intelligence. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20182020202120222023
Revenues39.2m49.8m49.8m49.8m49.8m
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DateInvestorsAmountRound

$16.0m

Series A

$35.0m

Series B
*

$21.0m

Valuation: $175m

Early VC
*

$25.0m

Valuation: $175m

Series C
Total FundingCAD132m

Recent News about Noodle.ai

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Noodle.ai is a cutting-edge technology company that specializes in improving demand forecasting for businesses through advanced data science and artificial intelligence (AI) and machine learning (ML) techniques. The company operates in the supply chain management market, focusing on enhancing Advanced Planning Systems (APS) that many businesses use to predict demand and manage their supply chains.

Noodle.ai's primary clients are businesses that rely heavily on accurate demand forecasting to optimize their supply chains, reduce waste, and improve profitability. These clients span various industries, including manufacturing, retail, and logistics. By leveraging Noodle.ai's innovative solutions, these companies can achieve a 10% improvement in demand forecast accuracy, which translates to significant cost savings and efficiency gains.

The core problem Noodle.ai addresses is the inherent limitations of traditional APS, which often rely on deterministic math. This approach forces supply chain leaders to chase certainty, leading to inefficiencies and waste. Noodle.ai's probabilistic planning methods, powered by AI and ML, allow businesses to better handle variability and make more informed decisions. This results in a more agile and responsive supply chain.

Noodle.ai's business model revolves around providing software solutions that integrate with existing supply chain systems. The company makes money by selling these software solutions and offering ongoing support and consulting services to ensure clients maximize the benefits of their technology. Additionally, Noodle.ai may offer performance-based pricing models, where fees are tied to the improvements in demand forecast accuracy achieved by the client.

In summary, Noodle.ai is revolutionizing demand forecasting and supply chain management by eliminating human bias and enhancing decision-making processes through advanced AI and ML techniques. Their mission is to create a world without waste, enabling businesses to make profit, not waste.

Keywords: demand forecasting, supply chain, AI, machine learning, data science, efficiency, profitability, waste reduction, advanced planning systems, variability management.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.