Pelico

Pelico

A data management platform designed to help operational teams to achieve predictable outputs. Learn more

Financials

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Revenues, earnings & profits over time
USD2020202120222023
Revenues<1m2.1m4.0m7.1m
% growth-500 %90 %78 %
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DateInvestorsAmountRound
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N/A

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$18.5m

Early VC
Total FundingAUD28.6m

Recent News about Pelico

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Pelico.ai is a startup that specializes in enhancing factory operations through its advanced management platform. The company primarily serves clients in the discrete manufacturing sector, which involves the production of distinct items like automobiles, electronics, and machinery. Pelico's platform is designed to help factory teams become more agile and resilient, enabling them to quickly respond to supply chain disruptions and mitigate their impact effectively.

Pelico's business model revolves around providing a software-as-a-service (SaaS) solution. This means they offer their platform on a subscription basis, allowing clients to access their tools and features via the internet. The platform helps clients by reducing turnaround times and improving customer satisfaction through better anticipation of bottlenecks and work-in-progress (WIP) management. For example, Collins Aerospace, a notable client, reported a significant reduction in outstanding work orders after implementing Pelico's solutions.

The company was founded by engineers with backgrounds in both manufacturing and technology, aiming to create hyper-agile and competitive factories. Pelico's team, known as "Pelicans," consists of industry and tech experts who are passionate about empowering factory teams. They focus on making factories more responsive to the increasing volatility caused by changing social, geopolitical, and economic events.

Pelico makes money by charging subscription fees for access to its platform. This recurring revenue model provides a steady income stream and allows the company to continually invest in improving its technology and expanding its features.

In summary, Pelico.ai is a factory operations management platform that helps discrete manufacturers improve agility and resilience in their supply chains. It operates on a SaaS business model, serving clients like Collins Aerospace, and aims to make factories more competitive in a rapidly changing world.

Keywords: factory operations, discrete manufacturing, supply chain, agility, resilience, SaaS, bottleneck management, WIP management, digital transformation, hyper-agile.

Tech stack

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