Replan secures £2m from Hoxton Ventures to launch production planning software
Hoxton Ventures led a £2m investment round to support the rollout of new production planning software for manufacturers.
Replan is a supply chain technology company that builds cloud-based production planning software for manufacturers. Its platform helps organisations navigate supply chain disruption through automated planning optimisation.
London-based supply chain technology company Replan has secured £2m in a seed follow on funding round led by Hoxton Ventures. The capital will be used to support the launch of a new production planning software designed to help manufacturers manage supply chain disruption.
The investment will also fund ongoing product development and market growth across the UK and Europe, alongside future expansion into North America. This latest financing brings the total raised by the company to over £5m.
The newly launched software combines dynamic production sequences with mid-term group level planning, enabling manufacturers to automate scenarios and generate complex production sequencing in minutes.
From the founder
"Replan embeds cutting-edge AI modelling and optimisation capabilities within a modern, intuitive user interface to shake up the status quo and revolutionise supply chain planning. The software can streamline even the most complex production plans, helping manufacturers to improve operational efficiency,and build more agile and resilient supply chains."
Richie Barter
CEO at Replan
Use of funds
- 01Continue product development
- 02Expand into international markets
