Ventory funding news – Belgium-based Ventory Secures €1.75 Million in Seed Funding

It’s Seed round was co-led by Ghent-based Finindus (backed by ArcelorMittal) and Munich-based Matterwave Ventures. The consulting firm delaware, recognizing it's value as an extension to ERPs like SAP also participated through Ventures by delaware (the Corporate Venture arm of delaware).

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The €1.75M raised will accelerate product development, enable team expansion, and expand Ventory’s market presence. This investment underscores confidence in it’s mission to provide real-time visibility and control over field inventory, optimizing global operational efficiency. It’s rise continues, following its win at the 6th European Supply Chain Startup Contest in 2023.

Vishal Punamiya, Founder and CEO of Ventory said, "Drawing from +12 years of firsthand experience with field operations at DHL and Panalpina, I am thrilled to receive recognition today for the Ventory platform. The challenges I faced during my tenure have profoundly shaped our approach, leading to a solution that truly supports and enhances the work of field engineers and operators. This acknowledgment from leading investors in smart industrial technologies not only validates our efforts but also underscores their confidence in Ventory's potential to scale and make a meaningful impact in the industry. I am both honored and grateful for this support"

Roel Callebaut, Senior Investment Manager at Finindus said, “Ventory is solving the lack of inventory visibility in forward stocking locations, which is essential in fulfilling SLA requirements in many industries, We were impressed by how precisely they understand the challenges their customers are facing, and how they’ve been able to find a user-friendly solution to address a complex problem.”

Benedikt Kronberger, Partner at Matterwave ventures adds “Ventory’s experienced team has developed a software platform, that enables its customers to gain full visibility of inventory at edge locations, even including moving inventory, such as in vans or consignment stock. Unlike existing solutions, the platform is designed to be easy to use, allowing even untrained users to effectively manage inventory, which will certainly be a key driver for user adoption."

About Ventory

Ventory, Belgian company founded in 2021, enables field services companies to gain complete control and visibility over their field inventory to the very end - including forward stock locations and engineers’ vans. Whether standalone or seamlessly connected to existing WMS or ERP systems such as SAP, it’s SaaS simplifies inventory management and empowers professionals in the field to take accurate, data-driven decisions.