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Confido Raises $55 Million to Expand AI Automation for CPG Operations

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By Tony O. Lawson For consumer brands, getting products onto retail shelves often creates a back-office burden that grows with every new account. Deductions, trade promotions, invoices, forecasts and supply plans can still move through spreadsheets, PDFs and separate software systems, leaving finance, sales and operations teams to reconcile the same information manually. Confido is raising new capital to address that problem. The New York-based software company has raised a $55 million Series B led by Insight Partners to expand its AI platform for consumer packaged goods companies. The round brings Confido’s total funding to $77 million and includes Trenches

The postConfido Raises $55 Million to Expand AI Automation for CPG Operationsappeared first onSHOPPE BLACK.

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