The Warsaw Equity Group (WEG) fund together with Cezary Smorszczewski invested in 3Soft, a Katowice-based software house – a provider of solutions in the field of artificial intelligence, data management and business process automation. 3Soft is also developing the Occubee platform, which is used to forecast demand and sales in retail and to automate key processes in the supply chain. The total value of the investment is PLN 20 million.
3Soft has been creating IT systems for 20 years. It specializes in providing solutions for clients from the financial, retail and industrial sectors. In projects, he uses advanced technologies in the areas of Artificial Intelligence, Data Management and Business Automation.
Occubee – 3Soft’s proprietary solution – is a platform for forecasting demand and sales. It offers business modules for managing the logistics process in the retail industry. The Replenishment module provides short-term sales forecasts for offline and online channels, determines store requirements and allows you to automatically generate picking orders. The Demand Management module provides medium and long-term demand forecasts for selected markets or sales channels. On their basis, it determines the demand of a given warehouse for specific goods or product groups. As a result, the system automatically generates orders for suppliers as well as production plans.
Funds from this round will be used primarily to strengthen Occubee’s market position. The platform’s development strategy assumes intensification of sales activities in CEE and Latin America. The company already has clients from in Mexico, where its sales team is based on site.
The investment in 3Soft and the Occubee platform fits perfectly into the investment strategy of the Warsaw Equity Group. – The company develops IT services and a technologically advanced product focused on the automation of logistics processes. In addition to sustainability, projects supporting automation and improving the efficiency of enterprises are our main investment area – says Przemysław Danowski, Managing Partner of WEG
Occubee already supports our clients’ business processes. The use of Big Data technology, artificial intelligence and machine learning algorithms allows retailers to build a competitive advantage, reduce costs and increase sales in a relatively short time from the implementation of the system. The platform offered in the SaaS model and based on the cloud is scalable, which makes our offer attractive to smaller and larger retailers and manufacturers. In addition, we will continue to develop Occubee with new features and modules. From the beginning of work on the system, we have been close to business and we listen to the needs of our clients. Further development of Occubee will be dictated by our thoughts and many years of experience and, most importantly, it will address the expectations coming directly from the market – explains Michał Koziara, Chief Executive Officer of 3Soft.
Cezary Smorszczewski, one of the investors, is a manager and investor with many years of experience. He is the former President and Managing Partner of MCI Capital s.a., founder and former President of the Corviglia fintech fund. Before he became the Vice-President of the Management Board of Bank Pekao S.A. and Vice-President of the Management Board of PKN ORLEN, he gained his experience, among others, at PGNiG. He is a co-founder and founder of Alior Bank, where he also served as Vice-President of the Management Board. Later, he started his own consulting activity on the financial services and M&A market. He deals with investments, mainly in enterprises on the FinTech market and the so-called digital economy.
Looking at the successes of Cezary Smorszczewski’s investments to date, we believe that his involvement in 3Soft and the Occubee platform is not only a financial value for us, but also important information for the market that authenticates the company’s long-term strategy – says Kamil Folkert PhD.