Optioryx, a Ghent-based company specializing in supply chain efficiency and sustainability, has secured strategic funding to support its global growth. Network Venture Partners, an initiative backed by entrepreneurial investors and family offices, has taken a minority stake in the company. This funding aims to enhance Optioryx’s AI-driven solutions for warehouse and shipping operations, marking a significant step in its expansion plans.
Optioryx, founded by Bart Gadeyne, Gilles Vandewiele, and Vic Degraeve in 2022, leverages AI technology to improve warehouse and shipping efficiencies. Their tools reduce worker travel distances and optimize box and pallet selection, boosting productivity and organization within warehouses. The company currently operates in eight countries and serves over 30 clients globally, including notable names like Van Moer Logistics and Bleckmann.
Innovative AI Solutions
Optioryx’s AI-powered microservices act as an “AI layer” on top of existing management systems, enhancing warehouse operations. Their technology includes a 3D load-building algorithm for better truck fill rates and a “Dimmy” app for mobile SKU and pallet dimensioning. These innovations have led to a 20-45% reduction in worker travel distances and improved loading efficiency, providing significant value to their clients.
“We created Optioryx to add intelligence to warehouse & transport management systems, enabling smarter and more efficient operations,”
said Bart Gadeyne, CEO and co-founder of Optioryx. The company’s partnerships with implementation firms like Deloitte and Zetes further support its scalability efforts.
Strategic Partnerships
Network Venture Partners, known for supporting high-potential startups, has invested in Optioryx to help scale its operations. The partnership combines the expertise of successful founders with financial backing from entrepreneurial investors. This collaboration aims to accelerate Optioryx’s global growth, leveraging the experience and connections of Network Venture Partners.
“With Optioryx, we have found a partner with deep AI expertise and a strong track record in warehouse and shipping optimization,”
said Frederik De Witte, co-founder of Network Venture Partners. The venture firm plans to offer hands-on support to Optioryx, aiding in strategic decisions and daily operations.
Optioryx’s focus on sustainability and efficiency in supply chain management positions it uniquely in the market. The recent funding and strategic partnership highlight its potential for substantial growth. The company’s innovative AI solutions and strong client base are expected to drive significant industry impact.
The partnership with Network Venture Partners will enable Optioryx to further expand its AI technology platform globally. This funding round not only provides financial support but also brings invaluable hands-on experience in scaling a global SaaS company. Optioryx aims to continue its trajectory as a leading provider of advanced logistics solutions, committed to transforming the sector.
