Cofactor

We’re excited to be working with JJ Food Service Limited One of the UK’s largest independent foodservice wholesalers, JJ Foodservice is partnering with us to automate supplier collaboration and reduce manual administration for its buying and category teams. As its supplier network and own-brand range grow, so does the work involved in managing pricing updates, promotions, product onboarding and supplier queries. We’re starting with selected high-volume workflows, with a clear approach: demonstrate value, expand from there, and keep teams in control of decisions. Thank you to Mushtaque Ahmed and the JJ-Foodservice team for their trust. We’re looking forward to working together. Read full announcement: https://lnkd.in/dmZhe9rw

We are very happy to share that the leading Pet Retailer in southern Europe - Tom&Co has chosen Cofactor to automate and structure their commercial operations, enabling their teams to focus on higher-value work. Read more about the collaboration here 👇 https://lnkd.in/dUh4-zfS #Retail #Collaboration #Automation

We’re proud to share that Cofactor has raised € 1.3 Million in pre-seed funding. 🚀 We started Cofactor after years of building technology for retail and CPG and seeing the same problem again and again: commercial data and commitments spread across disconnected systems and channels, with teams spending far too much time keeping everything aligned. At the same time, no two retail or CPG businesses operate in the same way. Different commercial models, processes, systems and organizational structures create a level of complexity that rigid software struggles to accommodate. That’s why we built Cofactor: an AI platform for retailer–supplier collaboration that connects the systems and data businesses already have, adapts to the way they work, and automates the processes that sit between them. The goal isn’t to make companies change how they operate to fit the software, but to make the software work around them — removing friction and keeping commitments in sync. We’re incredibly excited to have PSV leading our pre-seed round, alongside Greens Ventures, Angel Invest and executives from the retail/CPG space. Having investors who understand the complexity of retail and CPG and believe in the opportunity to fundamentally improve how retailers and suppliers work together means a lot to us. This funding gives us the opportunity to build out the platform, expand our team, and work with more retailers and suppliers across across the globe. Most importantly, it gives us the chance to go after a problem we’ve spent years seeing up close — one that has become so normal in the industry that people have almost stopped questioning it. A huge thank you to our investors, customers, advisors, friends and everyone who has helped us get here. We’re still very much at the beginning, but we’re excited about what comes next. If you work in retail or CPG and recognise the pain of keeping commercial data, teams and suppliers aligned, we’d love to hear from you. Andreas Willgert, Alexander Back, Robin Bartholdson https://lnkd.in/dzSEx8fu We’re just getting started. 🚀