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Versed AI

The AI engine Fit Assessment

Beta

The company focuses on supply chain resilience and provides solutions for managing supply chain risks.

Blurb

Versed AI helps companies to monitor, manage, and mitigate supply chain risks and identify constituents of their supply chains.

HQ Location

London (United Kingdom)

Founded

2019

Employees

11 - 50

Total funding raised

$1.70M

Funding Status

Acquired by Exiger, July 2024

Versed AI helps companies monitor, manage, and mitigate supply chain risks with AI-powered supply chain visibility and transparency.



We do this by using cutting edge natural language processing (NLP) techniques to extract buyer-supplier relationships from text documents. We can then aggregate this into a large supply chain map.



Use cases include:

- Meeting regulatory requirements, such as the UK Modern Slavery Act.

- Pinpointing possible points of failure in the supply chain, such as common sub-tier suppliers.

- Identifying geographical concentrations of risk