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.
In 2022, Solvoyo revenue run rate hit $4.7M in revenue.
Solvoyo hit $4.7M in revenue in 2021
Solvoyo launched in 2005 with $0 revenue
Solvoyo Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
Solvoyo raised a of $1M
Solvoyo raised a of $250K
Solvoyo has 68 total employees and 68 sales reps that carry a quota.
Total team size
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.