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Ameba raises $7.1 million to enhance genAI supply chain solutions

Article by Grace Harmon  |  Oct 2, 2024
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Ameba raises $7.1 million to enhance genAI supply chain solutions
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Artificial Intelligence (AI)
Shipping & Delivery
Worldwide

The news: Startup Ameba raised $7.1 million for its generative AI (genAI) platform, which helps retailers predict and adapt to supply-chain disruptions.

  • Ameba uses AI to aggregate data across emails, PDFs, and spreadsheets to track product delivery status and determine potential delays.
  • The company said it can reduce manual data input by 30%, help identify incorrectly priced items online, and flag products that are incorrectly listed as in stock.

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