Total funding raised by Elm AI
$2 million
Key Facts
- Elm AI, a Cornell University spinout, has raised $2 million in funding aimed at improving supply chain sustainability and operational performance.
- Funding Round Leadership included Beta Boom Fund and Working Capital Fund, along with several other investors.
- Advanced AI Technology helps streamline supplier documentation analysis, providing actionable insights swiftly and cost-effectively.
- Reformation, a leading sustainability clothing brand, is among Elm AI's first customers.
- The new funding will allow Elm AI to onboard customers quickly from a growing waitlist and enhance technology capabilities.