AI-driven supply chain optimization startup Mojro Technologies has raised $5.5 million in a Series A funding round. The round includes a previously announced $3 million investment led by IAN Alpha Fund, with participation from 1Crowd, along with a $2.5 million extension funded by Dallas Venture Capital (DVC).
The fresh funds will be used to accelerate global expansion and product innovation, the company said.
Founded in 2016 by Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, Mojro is a B2B SaaS platform for logistics planning and optimization. It helps mid- to large-sized enterprises across sectors such as CPG, retail, courier and parcel, dairy, and e-commerce reduce logistics costs by up to 20%, using a usage-based pricing model.
Its AI-powered platform uses advanced analytics and heuristic algorithms to deliver optimization across routes, schedules, trips, and capacity constraints. With a library of over 150 constraints, it is designed to handle complex logistics scenarios while delivering measurable improvements within 90 days.
Its products, including PlanWyse and ExecuteWyse, enable real-time planning and operational intelligence for enterprises across FMCG, food and beverage, 3PL, and retail sectors.
According to market research, the global AI in logistics market is expected to reach $38.68 billion by 2026, growing at a CAGR of 46.9%.