Alloy Raises $12 Million To Bring AI To Supply Chain Management - Crunchbase News

It has been a good week for artificial intelligence companies. This morning, Crunchbase News reported that Beautiful.AI, an AI-powered presentation software, raised an $11 million Series B to end frustration with PowerPoint. Similarly, Alloy announced today that it has closed a $12 Million Series A round for its AI-powered supply chain platform. This round brings its total known funding to $15.3 million, according to its press release. Alloy was co-founded by its CEO Joel Beal with the goal to help companies use data with insights about supply and demand to inform business decisions.