Chilean startup Demafront raised a $500K angel round to scale its supply chain technology.
Founded in 2016 by Sergio Flores and Ernesto Vásquez, Demafront uses AI and mathematical models to automate sales forecasting, production planning, and inventory management. The platform helps businesses reduce forecasting errors, improve operational efficiency, and prevent stockouts.
Demafront will use the funds to launch operations in Mexico, its fifth market in Latin America, and modernize its platform, making it fully accessible on web and mobile devices. Demafront expects to sign its first clients in Mexico within the next four months.
Demafront currently operates in Chile, Peru, Colombia, and Argentina, with over 40 corporate clients. Following its expansion into Mexico, Demafront’s goal is to triple the size of the company in the next four years.
Read more on Startups Latam
