7bridges raises $17M Series A to transform supply chains with AI
7bridges has been backed by a $17M Series A funding round led by global venture capital fund Eight Roads, with additional investment from Maersk Growth.
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7bridges is leveraging the power of artificial intelligence (AI) to improve how pharmaceutical companies manage their supply chains. With its innovative platform, 7bridges aims to provide insights, enhanced decision-making capabilities, and optimisation opportunities that promise to reshape the industry landscape.
Accurate, objective and transparent data will help you achieve granular visibility, better rates, shorter timelines and optimised deliverables
It has been an unfortunate feature of UK health policy in recent years that concerted nationwide vaccine rollouts have been both frequent and necessary. The COVID-19 pandemic highlighted how central vaccines can be for our protection, and therefore how critical a smooth, on time distribution process is.
One of 7bridges’ earliest customers, German designer Philipp Plein has used the platform to increase customer experience and find dramatic cost savings simultaneously.
"By increasing the number of customers we’re pushing through the 7bridges platform, as well as seizing opportunities for further enhancements around exports and internal auditing, we are able to create cost savings and efficiencies while still offering enhanced delivery."
Learn how the medtech provider Ability Matters adopted the 7bridges platform to boost profits, cut costs by 40% and improve customer service with AI technology.
"Two months after starting with 7bridges, our costs were down by 20%. Now we’re on track to make over 40% in savings as we roll it out across the company. 7bridges delivers incredibly good capabilities... And the best part is, it’s surprisingly easy to both adopt and use."
How 7bridges enabled a fashion brand based in the States set up the logistics as well as save up to 60% in logistical costs connected to operating in the new market.
Thread achieved a rapid entry into North American market, with easy scalability for further growth:
"7bridges got us up and operating in the US market within a month. That’s fast. We’re also saving 50% to 60% on the total logistics cost of serving this new market."