PlaniSense raises €1.8M to accelerate growth and strengthen impact

Featured on: Supply Chain Magazine, VoxLog, Supply Chain Village, FrenchWeb, Républik Supply.

Eighteen months after the launch of its SaaS platform, PlaniSense, a publisher of supply chain planning software solutions, announces a first fundraising of €1.8 million in equity and debt.

Health crisis, inflation, geopolitical instability: supply chain planning has become a particularly difficult challenge for many companies. With this in mind, the software company PlaniSense has deployed a unique digital platform that aims to strengthen the responsiveness, but also the proactivity of industrial companies. Dedicated to end-to-end supply chain planning, this solution gives manufacturers more agility by offering them the possibility to automate planning in real time and design scenarios that can be executed from one end of the chain to the other. The result is greater operational efficiency, cost reductions, and better inventory and resource management.

PlaniSense's clients include major names in the industry such as LVMH, Groupe Bel, Lactalis and automotive supplier Forvia. The collaboration with the latter has been particularly fruitful as it has resulted in a 5% increase in the efficiency of injection plants, a 50% reduction in breakdowns at the assembly lines and a 25% reduction in the loss of plastic raw materials. An economic and ecological feat for which PlaniSense was distinguished by winning a gold medal at the 3rd edition of the Supply Chain Awards organized by Republik Supply in December 2023. 

300% growth in 2023 and an ambition to triple annual recurring revenue in 2024

To support its strong commercial growth, PlaniSense has just completed a first round of financing of €1.8 million from a pool of investors made up of family offices, entrepreneurs and banking partners, including BPI. This fundraising aims to support the development of the company, which plans to multiply its annual recurring revenues by 3 in 2024.

The funds raised will be partly allocated to R&D and will allow PlaniSense to continue to develop the functionalities of its solution by addressing the major challenges of AI and sustainable development. The company will also continue its deployment in Europe and North America in the agri-food, cosmetics, luxury and automotive sectors, as well as in the pharmaceutical, chemical and aeronautics industries. To support these ambitious development projects, PlaniSense will recruit new tech and sales engineers, who will strengthen a team that currently has 30 employees

"This first round of financing demonstrates investors' confidence in our solution, which is aimed at manufacturers in many sectors, in a context of profound changes in the Supply Chain. Our goal is to optimize an already high-performance platform to conquer new markets, including exports, and to best meet the expectations of our current and future customers," says Nazim Nachi, CEO and co-founder of PlaniSense.