Lyric, a rapidly growing AI-powered supply chain intelligence platform, has raised $43.5 million in a Series B funding round, reinforcing its mission to transform how enterprises make supply chain decisions. The round was led by Insight Partners, with participation from Primary Venture Partners, Permanent Capital Ventures, VMG Partners, PSP Growth, and NewBuild Venture Capital.
Rapid Growth and Market Traction
Since emerging from stealth just 18 months ago, Lyric has seen a 500% surge in revenue, with its AI-driven platform now deployed across several Fortune 500 companies in diverse industries. The company’s impressive momentum signals a growing demand for agile, intelligent supply chain solutions amidst global supply chain volatility.
Reinventing Supply Chain Decision Making
Today’s supply chain leaders face increasing complexity and unpredictability. Traditional tools often fall short in enabling fast, context-aware decision-making. According to Gartner, most current analytics tools lack automation, real-time insights, and adaptability—creating a barrier to adoption and business impact.
Lyric is addressing these limitations through Lyric Studio, its composable, AI-first platform. The system empowers teams to design tailored supply chain solutions through:
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Seamless data integration
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A rich library of algorithms
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A visual workflow builder
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An intuitive experience layer
This platform makes advanced modeling, simulation, and planning accessible to business users, enabling agile responses to frontier supply chain challenges.
“Lyric’s algorithmic horsepower and technical talent are exceptional. We’ve already expanded use cases rapidly to support our strategic goals,” said Natesh Rao, Supply Chain Leader at Mondelēz International.
Series B Funding to Supercharge Innovation
The newly secured capital will be used to:
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Expand Lyric’s AI-driven capabilities for experimentation and automation
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Broaden the library of reusable supply chain logic
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Enhance customer onboarding and community programs
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Accelerate product roadmap execution and global expansion
“Supply chains are too dynamic for rigid software. Our goal is to build infrastructure that adapts to complexity—not the other way around,” said Ganesh Ramakrishna, Co-Founder and CEO of Lyric.
Looking Ahead: Empower 2025
Lyric plans to showcase its next-generation features and vision at Empower 2025, its annual conference set for August 13–14, 2025 in Chicago. The event will bring together global supply chain leaders to explore what’s possible in a composable, AI-powered future.
“Lyric offers the flexible, intelligent architecture that businesses have long been searching for,” added Teddie Wardi, Managing Director at Insight Partners and new Lyric board member.