SimpleRose Inc., a St. Louis-based company closed a $13 million deal on October 15 with undisclosed investors. The company, founded in 2018 by Xiaolin Gong, Marti Martindale and Carl Ledbetter provides an optimization platform for decision-making.
The company’s platform is intended for proliferation of data. The platform enables clients to leverage algorithmic innovation for parallelism, differentiated numerical accuracy, and dynamic programming for continuous analysis updates for real-time variable changes.
Applications include scheduling, production planning, and portfolio optimization. The platform is designed to solve problems exponentially faster.
For more information on SimpleRose, visit www.simplerose.com.