Helios, a leading analytics platform specializing in agricultural supply chain risk mitigation, has launched Cersi, the world's first supply chain AI analyst. This groundbreaking tool is designed to provide supply chain executives with real-time insights by analyzing billions of data points related to climate, economic, currency, and political risks. The launch coincides with Helios securing $1.85 million in pre-seed funding led by Supply Change Capital, with participation from January Ventures.
The Helios Advantage
Helios offers a 360-degree view of the agricultural supply chain, centralizing billions of data points into a user-friendly dashboard. This enables supply chain professionals to proactively detect, evaluate, and mitigate risks down to the farm level. The platform aims to help managers ensure supply availability and prevent commodity shortages, thereby safeguarding the integrity of the supply chain.
Cersi: A Revolutionary Tool
The introduction of Cersi marks a significant milestone in the application of generative AI to supply chain management. This state-of-the-art tool allows professionals to quickly address complex questions that would typically require weeks of analysis. Cersi combines Helios' extensive insights with historical context tailored to a team's specific supply chain, all accessible through an intuitive conversational interface.
Impact on Productivity
Francisco Martin-Rayo, co-founder and CEO of Helios, stated, "On average, we're seeing the teams that use Cersi increase their productivity by 40%. Rather than relying on outdated commodity reports or supplier word of mouth, teams can now use our custom insights to tackle the most pressing risks in real-time."
The Power of Generative AI
Eden Waller Canlilar, co-founder and CTO of Helios, emphasized the transformative potential of generative AI in supply chain management. "With Cersi, we've developed the most powerful application of generative AI for the supply chain to date. It's a game-changer for any Fortune 500 company purchasing agricultural commodities."
Investment and Advisory Support
Shayna Harris, Managing Partner at Supply Change Capital, expressed enthusiasm about leading the funding round for Helios, citing the increasing costs of supply chain disruptions due to extreme weather events and market volatility. Helios is also advised by industry veterans Bill Hovis, former Global Chief Procurement Officer for Coca-Cola, and Una Hrnjak, who oversees Sustainability Strategy and Programs for Aldi.
The launch of Cersi by Helios represents a paradigm shift in how agricultural supply chains are managed. By leveraging the power of generative AI, Helios is poised to revolutionize risk assessment and mitigation strategies, offering Fortune 500 companies a robust tool for real-time decision-making. With strong financial backing and expert advisory support, Helios is well-positioned to lead the way in agricultural and supply chain innovation.