# Solvo.ai

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

- Industry: Software
- Headquarters: London, UK
- Website: www.solvo.ai
- Total disclosed funding: $4.4M
- Latest round: Seed (May 19, 2022)
- Investors on record: 3

## About

Based in London, UK, and founded in 2021 by CEO Gaurav Bajaj, Solvo.ai Ltd, a.k.a. Solvo.ai operates as an artificial intelligence company that focuses on developing a dynamic pricing software engine for the logistics and freight shipping industry. In May 2022, Solvo.ai Ltd raised GBP 3.47 million in seed funding co-led by Frontline and Speedinvest. The seed round of funding values Solvo.ai Ltd at GBP 16.98 million post-money.

Solvo.ai provides an AI-enabled dynamic pricing platform, which is a machine-learning technology platform that combines human expertise and machine intelligence and enables customers like business leaders, pricing managers, and operational experts in the logistics sector to make better supply chain decisions. The platform offers multiple features, such as dynamic and optimal pricing, rapid recovery and resilience, multi-echelon inventory optimization (MEIO), network optimization, and more for helping logistics firms adapt to new conditions and recover from disruptions.

The company plans to use its proceeds from November 2022 to accelerate its product commercialization as well as marketing and business expansion.

## Funding rounds

- Seed, May 19, 2022, $4.4M — Speedinvest, Frontline, Alumni Ventures Group

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Frontline (https://capitalatlas.ai/funds/frontline) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed