$43.5M Series B powers Lyric’s AI supply chain transformation - InforCapital

New York – August 5, 2025. Lyric, the AI-first supply chain decision platform, has raised $43.5 million in Series B funding led by Insight Partners, with participation from Primary Venture Partners, Permanent Capital Ventures, VMG Partners, PSP Partners, and NewBuild VC. This latest round brings Lyric’s total funding to $67 million.

The investment will accelerate development of Lyric’s composable, algorithm-driven platform for supply chain design and execution. Built to handle complex decision-making across industries, Lyric leverages Generative AI, Agentic AI, and advanced simulation infrastructure to enable intelligent supply chain reconfiguration.

With a growing client list that includes Coca-Cola, Mondelēz, Owens & Minor, Google, and Kuehne+Nagel, Lyric helps customers build scalable, tailored solutions that integrate strategy with operational response in real time.

Unlike traditional ERP or planning tools, Lyric’s composable architecture allows businesses to build, adapt, and evolve their supply chain systems without writing code or relying on inflexible templates. The platform already supports over 25 global enterprises and is designed to evolve with market complexity.

Lyric’s raise highlights a broader wave of funding in supply chain AI platforms as global logistics systems adapt to demand volatility, rising costs, and geopolitical uncertainty. Key recent rounds include:

• Optimal Dynamics raised $50 million to expand AI-powered truckload network optimization for U.S. logistics fleets.
• ToolsGroup secured $60 million in growth equity to develop AI forecasting models and intelligent inventory systems across Europe and Latin America.
• Altana Technologies completed a $100 million Series C to expand its AI trade knowledge graph, enabling visibility into global supplier networks and risk scenarios.
• Verusen raised $45 million to extend its AI platform for materials management, helping large manufacturers unlock working capital through smarter procurement.

Collectively, these rounds represent a record-breaking year for supply chain digitization and AI adoption, as companies shift away from rigid, siloed tools and toward platforms that support agility, resilience, and cross-functional intelligence.

Ganesh Ramakrishna, CEO and Co-founder of Lyric, stated that the new capital will support expanded development of Lyric’s algorithm catalog, Agentic AI capabilities, and customer success teams. The goal is to empower users to build and adapt decision frameworks—without needing software engineering skills.

With open roles across engineering, science, GTM, and enterprise onboarding, Lyric is actively scaling its team to meet growing global demand for flexible, AI-native supply chain infrastructure.

Founded less than two years ago, Lyric is quickly becoming one of the most innovative players in the modern enterprise AI stack—helping large companies solve multi-layered supply chain challenges with speed, intelligence, and adaptability.