Solvoyo
Boston, Massachusetts, United States
How Solvoyo hit $6.7M revenue with a 92 person team in 2023.
Developer of supply chain management software designed to optimize across the entire supply chain's value network. The company's supply chain management software, Solvoyo, integrates operational supply chain decision making in the areas of transportation optimization, production planning, inventory optimization and replenishment planning and provides a flexible optimization platform that spans accross descriptive, diagnostic, predictive and prescriptive analytics, enabling companies to reduce cost, eliminate waste, and enhance customer experience with improved availability and fulfillment metrics.
2005
Founded
$6.7M
2023 Revenue
21.4%
YOY
$1.3M
Funding
Solvoyo Revenue
In 2023, Solvoyo revenue run rate hit $6.7M in revenue.
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2023
Solvoyo hit $6.7M in revenue in 2023
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2021
Solvoyo hit $4.7M in revenue in 2021
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2005
Solvoyo launched in 2005 with $0 revenue
Solvoyo Funding History
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2014
Solvoyo raised a of in March, 2014
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2013
Solvoyo raised a of in August, 2013
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| March, 05 2014 | |||
| August, 27 2013 |
Team
Solvoyo has 92 total employees and 68 sales reps that carry a quota. an engineering team of 116 and a marketing team of 16.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 92 |
| Engineer | 116 (126%) |
| Sales | 68 (74%) |
| Marketing | 16 (17%) |
Founder / CEO
Koray Dogan
Since 2005, Koray is the founder and chief architect of Solvoyo which is a Boston, MA based software company providing mission critical supply chain optimization services over the internet utilizing cloud technology. Its flagship product "planLM" was developed in a technology park in Istanbul and financed by the Turkish Science Institute (TUBITAK)/EU grants as well as self-funding. planLM increases supply chain efficiency (reduces transportation costs and inventory assets, improves customer service, better utilizes capital intensive assets and increases sales by insuring availability) for distributors, retailers, manufacturing businesses, and logistics providers. Its SaaS sales model continues to be disruptive to the existing supply chain software models that rely on a hefty upfront IT investment. Built with the latest Microsoft.NET technology from ground up, planLM signed its first client in June 2010. Already achieved a proven track record in large-scale implementations at Home Depot, Applied Materials, HP, Alpine in the US and Vestel, G2M, A101, Ekol Logistics, LC Waikiki in Turkey.
Q&A
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Customers
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Solvoyo Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Koray Dogan | CEO | [email protected] | - |
Solvoyo Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Koray Dogan | CEO | [email protected] | - |
Frequently Asked Questions about Solvoyo
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When was Solvoyo founded?
Solvoyo was founded in 2005.
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How much revenue does Solvoyo generate?
Solvoyo generates $6.7M in revenue.
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Who is the CEO of Solvoyo
The CEO of Solvoyo is Koray Dogan.
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How much funding does Solvoyo have?
Solvoyo raised $1.3M.
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How many employees does Solvoyo have?
Solvoyo has 92 employees.
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Where is Solvoyo headquarters?
Solvoyo is headquartered at Boston, Massachusetts, United States
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