Ortec, a Zoetermeer, the Netherlands-based leader in decision support software and data science capabilities, has recently secured investment.
According to FinSME, the company has garnered an investment from the renowned firm Battery Ventures, although the exact amount remains undisclosed. The strategic partnership is further solidified with Zak Ewen, a partner at Battery Ventures based in London, joining Ortec’s board of directors.
Ortec is distinguished for offering a robust software platform coupled with advanced data science capabilities, significantly enhancing business outcomes for its clientele. The company’s impressive global footprint extends to 13 countries, boasting a dedicated workforce of 1,000 employees. This formidable team diligently serves over 1,200 customers, including industry titans such as ASML, Heineken, Coca-Cola Enterprises, Procter & Gamble, Shell, Waitrose, Albert Heijn, G4S, Sodexo, and Tesco.
The freshly infused capital from Battery Ventures is earmarked for fortifying Ortec’s leadership status, particularly in the US and European markets, across pivotal sectors like supply chain management, workforce management, and data science & consulting.
Looking ahead, Ortec is poised to launch an array of products and services through three newly established divisions, each specialising in logistics and routing solutions, workforce management solutions, and data science and consulting. This strategic realignment is anticipated to further enhance Ortec’s market position and service offerings.
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