- Last modified: November 4, 2024
Insider Brief
- Endeavor, an AI platform for manufacturing firms, raised a $7 million seed round led by Craft Ventures to help unify data sources and automate processes across sales, operations, and supply chains.
- Endeavor’s platform integrates data from legacy systems, spreadsheets, and PDFs to streamline operations, optimize inventory, and enhance supply chain management, addressing inefficiencies in traditional manufacturing data management.
- Founded by Wharton graduate Sahitya Senapathy, Endeavor aims to modernize the American manufacturing sector by bringing Silicon Valley technology to industrial enterprises, already partnering with major players across steel, automotive, and construction sectors.
PRESS RELEASE — Endeavor, an enterprise AI platform built for manufacturing firms, announced a $7 million seed round led by Craft Ventures, along with Heartland Ventures, Contrary Capital, and BoxGroup, and senior executives from Palantir, AWS, and Fortune 500 industrial firms. Endeavor empowers manufacturers to unify siloed data sources and automate critical processes across sales, operations, and supply chains. Already partnering with major industrial players in sectors like steel, Tier 1 automotive manufacturing, and construction materials, Endeavor will use this funding to accelerate sales efforts and expand its product offerings.
Manufacturers’ Problems: Legacy Systems and Inefficient Processes
Many manufacturers still rely on outdated legacy systems that don’t communicate with one another, resulting in inefficient processes and fragmented data management. With multiple ERP systems and troves of unstructured data trapped in Excel spreadsheets, PDFs, and isolated information silos, companies struggle to optimize operations and make informed, data-driven decisions.
Sanjeev Tara, the former COO and CFO of Oshkosh (NYSE: OSK) Commercial, a Fortune 500 manufacturing company, and a former Berkshire Hathaway executive, reflects on the challenge: “In our businesses, we had anywhere from twelve to twenty different IT systems. It’s all manual data entry, and it’s impossible to make sense of our big data when none of the systems talk to one another. It’s a nightmare.”
Endeavor’s Solution: Unifying Manufacturing Big Data with AI
Endeavor partners with manufacturing enterprises to identify operational bottlenecks, apply its AI platform to unify siloed data systems, and automate key processes. By transforming disconnected data streams into a single, actionable source of truth, Endeavor helps manufacturers streamline operations and make faster, data-driven decisions.
The company’s AI platform connects to both structured and unstructured data sources — like ERP systems, spreadsheets, and PDFs — enabling search, automation, and intelligence applications that can scale across multiple departments.
Key use cases include:
- Sales Automation: Automating quoting, pricing, and customer support tasks aimed at reducing lead times and increasing revenue by optimizing customer interactions.
- Inventory & Operations Planning: Enabling inventory optimization, material requirements planning, and production scheduling to ensure just-in-time operations, minimize waste, and reduce downtime.
- Supply Chain Management: Improving supplier performance with automated vendor scorecards, purchase orders, and advanced shipping notice alerts to form more resilient and responsive supply chains.
“These folks are super talented at Endeavor, and we look forward to giving them more business and challenging them, and I know they’ll rise to the occasion,” says Brian Panuccio, President of ClarkDietrich Building Systems, a joint venture between public steel manufacturer Worthington Enterprises (NYSE: WOR) and global steel supplier Marubeni-Itochu Steel America Inc. (MISA), and one of Endeavor’s customers.
An Imminent Need to Modernize American Manufacturing
Endeavor was founded by 22-year-old Sahitya Senapathy, a recent graduate of the Wharton Business School at the University of Pennsylvania. Born in Michigan, where his parents worked for automotive leaders like Ford and Chrysler, Senapathy grew up immersed in the challenges and opportunities of the manufacturing sector. At just 11 years old, Senapathy built his first software application to help FEMA with disaster recovery. While still in high school, he was a contractor at the Air Force Research Laboratory researching autonomous drones and earned a secret-level clearance. Through college, he worked on AI initiatives at AWS and Palantir before founding Endeavor out of his college dorm room in Pennsylvania.
“After visiting dozens of factories across the industrial heartland, it’s clear that America’s manufacturing sector holds immense potential but is being held back by outdated systems and processes,” said Sahitya Senapathy, Founder and CEO of Endeavor. “At Endeavor, we work every day to bridge the gap between Silicon Valley’s cutting-edge technologies and the industrial strength of the Midwest.”
To learn more about Endeavor and its offerings, please visit: https://www.endeavor.ai
About Endeavor:
Headquartered in San Francisco and founded in 2023, Endeavor helps industrial enterprises solve their critical problems by transforming their processes with AI. The company is already deployed with several leading manufacturers and is backed by Craft Ventures, Heartland Ventures, Contrary, BoxGroup, and leading industry executives. Learn more at https://www.endeavor.ai