Lexi Solution

📍 Stockholm, Sweden🗓 Founded 2011👥 32 employees💰 Last funded 2019
Lexi Solution is a leading innovator in the digital transformation revolutionizing sourcing, supply chain management, and product design for electronics OEMs. Headquartered in Stockholm and with data operations in Malaysia, Lexi is an enterprise software company offering a cloud-based SaaS solution for leading global electronics OEMs such as ABB and Hitachi, in Europe, the USA and Japan. Lexi brings transparency to supply chain management with its unique cloud-based enterprise software solution, “MasterBOM,” using machine learning to provide authenticated, accurate product details to OEMs. Lexi helps global enterprises improve gross margins by reducing direct material costs and avoiding supply disruptions by building robust, resilient supply chains. Lexi’s AI-driven SaaS solution scrubs costed bills of material and product cost structure to ensure that all master material data is clean, correct and up-to-date, then harmonizes and enriches all component data and provides digital tools to derive business intelligence. Lexi’s data-driven approach drives dramatic cost and risk reduction not possible with conventional methods with: • BOM-based spend data analytics for electronics products, from components through PCBAs through complete box-build • Component data management based on consolidated global spend – bringing structure and transparency to all technical, commercial and risk data in a searchable platform • End-to-end, multi-tier supply chain and supplier network planning and optimization throughout the product lifecycle from design through serial production, spares and EOL • Automation of sourcing and procurement processes including benchmark RFQs, new product should-cost estimation, quarterly EMS price changes and PPV analytics Lexi’s cross-functional platform serves procurement, supply chain, engineering, operations, and finance organizations to make faster, smarter product design and sourcing decisions – making predictive COGS a reality.
2
Total investors
0
Early stage
0
Mid stage
2
Late stage
2011
Founded
Investor geography1 country
Sweden
2
Frequently asked questions
Who invested in Lexi Solution?
Lexi Solution has 2 investors on record on gritt.io and 2 late-stage investors.
When did Lexi Solution last raise funding?
The most recent investment in Lexi Solution recorded on gritt.io was in 2019.
When was Lexi Solution founded?
Lexi Solution was founded in 2011.
What industry is Lexi Solution in?
Lexi Solution operates in Software Development. Find similar Software Development investors on gritt.io.
Where is Lexi Solution based?
Lexi Solution is headquartered in Stockholm, Sweden.