Stemly AI

01 / WHAT IT BUILT

What the company did

Stemly is a Singapore-based supply chain decision intelligence startup spun out from ING Labs Singapore in 2021, backed by a US$2.5 million investment from Elev8, ING Ventures, and EDB New Ventures. Its autonomous machine-learning platform automates demand forecasting, inventory optimization, and cash-flow management for enterprises - claiming to cut inventory and working-capital costs by 10-40% for clients. Co-founded by Sanjay Saini, the 20-person team spans Singapore, India, Indonesia, Ireland, and Australia. The company shows no sign of failure.

03 / EVENT HISTORY

Events in the structured record

1. 2018
   Incubated at ING Labs

   Stemly was created as one of the first initiatives incubated in ING Labs Singapore to address the decision-intelligence gap in supply chain operations and finance.

2. 2021
   Spun out with $2.5M

   Stemly spun out as an independent venture with a US$2.5 million investment from Elev8, ING Ventures, and EDB New Ventures, continuing to work closely with ING to commercialize its platform.