Core Insights - Atomic, an AI-powered platform, is transforming the $20 billion supply chain planning market and has successfully closed a $3 million seed funding round [1] - The founders, Michael Rossiter and Neal Suidan, previously worked in Tesla's supply chain and were inspired to create Atomic after facing challenges during the Model 3 launch [2] - The platform aims to provide better tools for supply chain planners, moving them away from error-prone spreadsheets to an AI-driven inventory management system [3] Company Overview - Atomic was founded to address the inefficiencies in supply chain planning, particularly the reliance on spreadsheets that hinder scalability and speed [4][5] - The platform utilizes agentic AI to offer a configurable framework that allows for quick onboarding and integration with existing data sources [8] Product Features and Benefits - Atomic's simulation engine provides real-time modeling of supply and demand, enabling planners to adapt workflows effectively [6] - Early customers have reported significant improvements, including a 50% reduction in inventory levels while maintaining a 99% in-stock rate [6] - The platform has demonstrated a 20-50% reduction in inventory costs, a 3.5x increase in inventory turnover, and saved planners over 40 hours per week [9] Strategic Partnerships and Funding - The seed funding round included investments from DVx Ventures and Madrona Ventures, both known for supporting transformative AI startups [1][11] - The company plans to expand its engineering team and enhance AI capabilities with the new funding [11] Future Plans - Atomic aims to offer Rapid Onboarding for NetSuite clients by the end of 2025, facilitating easier enterprise adoption [11]
Ex-Tesla Operations Leaders Launch Atomic, Raise $3M Seed to Revolutionize Supply Chain Planning with Agentic AI