# Paretos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paretos

- Industry: Software
- Headquarters: Heidelberg, Germany
- Website: www.paretos.com
- Total disclosed funding: $13M
- Latest round: Series A (Jul 22, 2024)
- Investors on record: 5

## About

Based in Germany, Paretos GmbH operates as a Decision Intelligence platform, leveraging advanced AI to enhance decision-making across various industries, focusing on supply chain optimization and inventory management.Paretos GmbH, founded in 2020 in Heidelberg, Germany, provides AI-driven solutions for optimizing business decision-making processes. The company has successfully completed a Series A funding round, raising EUR 8.5 million on July 22, 2024, led by Acton Capital with participation from multiple investors including Evalue Capital GmbH and Interface Capital. The founders, Fabian Rang and Thorsten Heilig, bring extensive experience in the tech industry, with Thorsten Heilig also serving as the CEO.Paretos is a Decision Intelligence platform that leverages advanced artificial intelligence to optimize decision-making processes for businesses across various industries. The core offering includes a user-friendly software solution designed to manage complex supply chain dynamics, enhance demand forecasting, and improve inventory optimization. With its patented optimization algorithm, 'Socrates,' Paretos enables companies to efficiently analyze data and develop actionable insights without requiring extensive expertise in data science. The platform has been adopted by clients such as EDEKA, Germany’s largest food retailer, and primarily targets sectors including retail, consumer packaged goods (CPG), fast-moving consumer goods (FMCG), logistics, and manufacturing. Paretos operates in various geographical markets, including Germany and broader European markets, addressing the growing complexity and data volume within these industries.Paretos generates revenue through a subscription-based model, where clients pay for access to its Decision Intelligence software. This structure allows businesses to utilize the platform for optimizing operational processes, ranging from demand forecasting to inventory management. Clients, including large retailers and manufacturers, typically engage in annual contracts that provide ongoing access to the software's features and updates. The company has successfully raised EUR 8.5 million in its Series A funding round, indicating strong investor confidence in its business model and market potential. While specific pricing plans for the software are not disclosed, the subscription model facilitates scalable access for varying sizes of enterprises, enabling clients to implement Paretos’ solutions according to their unique operational needs.Paretos GmbH plans to utilize the EUR 8.5 million raised in its Series A funding round to accelerate growth initiatives. The company is focused on expanding into new markets, particularly targeting broader European regions by the end of 2025. Additionally, Paretos is developing new features for its platform to enhance user experience and functionality, with anticipated releases in early 2025. The funding will support these efforts, enabling Paretos to strengthen its position in the Decision Intelligence sector.

## Funding rounds

- Series A, Jul 22, 2024, $9.3M — Acton Capital, LEA Partners, Unternehmertum Venture Capital, Interface Capital, Evalue Capital GmbH
- Seed, Sep 15, 2021, $4.1M — LEA Partners

## Investors

- LEA Partners (https://capitalatlas.ai/funds/lea-partners) — Seed, Series A
- Acton Capital (https://capitalatlas.ai/funds/acton-capital) — Series A
- Unternehmertum Venture Capital (https://capitalatlas.ai/funds/unternehmertum-venture-capital) — Series A
- Interface Capital (https://capitalatlas.ai/funds/interface-capital) — Series A
- Evalue Capital GmbH — Series A