French SaaS Startup Pelico Raises $18.5 Million

Pelico, the factory operations SaaS platform that equips manufacturers to handle growing levels of complexity and volatility in their operations, announced today that it had raised $18 million, with participation from La Famiglia and ISAI as well as numerous business angels like Adrien Nussenbaum (Mirakl), Carsten Thoma, and Bastian Nominacher (Celonis).

With the money, Pelico will be able to increase its staff size, make major technology investments, and boost its internal visibility. In order to continue growing and establish itself as the modern factory’s operations management system, Pelico will create 50 new jobs in France and the United States over the next 18 months.

“As we go from a model of mass production to a model focused on customised products, smaller volumes, and faster cycle times, the complexity of operations in discrete manufacturing is constantly rising.” Recurring supply chain shocks (such as Brexit, COVID, and the Ukrainian War) further add to this complexity.

According to Tarik Benabdallah, CEO and Co-Founder of Pelico, “Our job is to absorb all this complexity to help operational teams continuously monitor risks in the production chain and facilitate the decision-making process across the factory.”

Applied math researchers, seasoned software engineers (Palantir, Criteo, Dassault, etc.), and former operational leaders (Tesla, United Technologies, Mercedes, etc.) made up the team that founded Pelico in 2019.

The operations management system from Pelico links industrial teams to control daily volatility and deliver goods on schedule and under budget. It enables factory teams to swiftly act on AI-assisted recommendations, anticipate bottlenecks continuously, and work together across teams to put corrective measures into practice.

France’s Paris is the home office of Pelico.

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