Algo is a supply chain SaaS platform that enables automated, data-driven workflows and business insights to enterprises.
Algo's connects Artificial Intelligence, Augmented Reality, and Workflow Automation in a unique way to a specific set of industries: Retailers, distributors, and manufacturers.
Algo was founded in 2016 by Amjad Hussain. The company is headquartered in Troy, Michigan, with offices in Minnesota, California, Arkansas, New Jersey, New York, UK, Ukraine, UAE and India.
Algo's sophisticated bot, powered by AI, AR, and NLP, provides value creation to various verticals, including retailers, distributors, and manufacturers. The company's deep domain knowledge of both technology and supply chain allows the team to rapidly train Algo on analytically rich workflows and business functions.
Algo's platform used by Fortune 500 enterprises to analyze, drive, predict, and prescribe critical business data and functions, including demand and inventory planning, sales forecasting, product lifecycle management, and category optimization. Customers communicate with Algo's virtual supply chain bot through natural language to increase sell-through, optimize inventory, minimize returns, and drive various other forms of measurable ROI across the enterprise.
Algo raised $15M in a Series A round of funding on Feb 18, 2020. The investment was led by Integrity Growth Partners (IGP), alongside partners including The K Fund.