Beneath the rising tide of digital innovation is a new chapter for global supply chains. A significant milestone has just been reached for one company on the frontlines of this change: Orderfox, the AI-powered business intelligence platform, has surpassed the €1 billion valuation mark, leveling up to the status of unicorn.
Led by Derek Tanner, Orderfox has successfully linked traditional manufacturing processes and futuristic artificial intelligence (AI). As its unicorn valuation suggests, the Swiss company is on the verge of redrawing the very core of global manufacturing.
Molding the Future of Manufacturing
The global manufacturing sector has long been known for its reliance on traditional methods. However, this technique is starting to give way to a more nimble and digital-first mindset. As businesses adapt to an increasingly complex and data-rich environment, platforms like Partfox and Gieni AI provide real-time insights, intelligence, and market trends.
"Manufacturers have been stuck in the past for far too long, depending on fragmented data and outdated systems to make decisions," says Timur Göreci. "Our technology, such as Gieni, aggregates all this information in one place, but it also uses advanced AI to process and deliver tailored insights at scale. This is, undoubtedly, revolutionary for anyone looking to make more informed decisions in the marketplace."
The aggregation process starts with supplier databases, supply chain information, and equipment inventories. This transforms raw information into actionable insights, allowing businesses—large and small—to understand market trends better and optimize production.
Orderfox's Growth Story
Orderfox's valuation as a billion-euro company is an important milestone, but it is merely a chapter in the larger story of its rapid rise. The company initially focused on helping small and medium-sized enterprises (SMEs) in the manufacturing sector access relevant business intelligence. Göreci and Tanner recognized early on that many manufacturers struggled to sift through the overwhelming amount of data available online. In response, they built a platform that effectively gathers that data and also presents it in a way that is digestible and actionable for decision-makers.
A few years later, the company had secured substantial funding and expanded its services to cater to larger corporations, further strengthening its market position. Today, Orderfox serves customers globally, offering diverse services that include AI-powered market insights, supplier discovery, and trend analysis. Its sophisticated AI algorithms provide businesses with customized data at a level of granularity that was once reserved for elite firms.
But it has not always been easy. As with any fast-growing tech company, the brand faced significant challenges, especially when scaling its technology to meet the demands of a global market. The company's breakthrough came when it successfully integrated a robust AI engine capable of conducting semantic searches and zero-shot classification. This allowed Orderfox to process information more quickly and deliver highly accurate insights without relying on pre-labeled data.
In order to serve the industry with innovation, Orderfox has developed two powerful AI-based products—Partfox and Gieni—to drive its impact further in the manufacturing sector. Partfox, the world's largest AI-powered computer numerical control (CNC) network, simplifies parts procurement by seamlessly matching buyers with the ideal CNC manufacturers using its expansive global database. For manufacturers, this means daily access to new customer opportunities, simplifying how they do business. Meanwhile, Gieni is a game-changing AI agent that collects vast amounts of industry data to deliver precise, on-demand market insights. Initially designed for CNC manufacturing, Gieni is distinct for its advanced semantic search and zero-shot classification.
The Future of Business Intelligence
With its unicorn status, Orderfox is now entering a phase of accelerated growth, where the goal is to maintain its position and to innovate continuously. In addition to refining its AI engine and expanding its offerings, Orderfox plans to expand deeper into vertical-specific solutions. "The industry sectors are at a crossroads," says Derek Tanner. "We are seeing more demand for solutions that address efficiency, sustainability, and resilience. Our AI technology can help identify trends early, giving companies a head start."
The company is expanding its services to new industries and scaling its platform to serve even larger global markets. However, Göreci and Tanner's focus is less on accolades and more on the lasting impact they hope to make. "The true value of what we do is not just in the technology," Göreci concludes. "It is how we empower businesses to see the world differently. When companies have the right insights, they can make smarter, more informed decisions."
