person

Michael Rossiter

Co-founder and chief executive of the supply chain software startup Atomic.

Current clusters

invest1 publisher

Atomic's SEC filing shows $18.5 million sold against a $12.5 million Series A

Atomic, a Boston startup founded by former Tesla planners, announced a $12.5 million Series A, but an SEC filing shows $18.5 million sold. The money funds AI that already places daily purchase orders for customers whose results, so far, only Atomic has reported.

Publishers:techfundingnews.com

Reality

Evidence35
Adoption30
Hype gap+30
Incentives75
Confidence40

product1 publisher

Atomic backer Jon McNeill says DoorDash runs about 90% of its purchasing on the startup's software

Atomic raised $12.5 million after its recurring revenue quintupled this year, according to Jon McNeill, whose firm incubated it. The case that operators now let its software reorder stock on its own rests on what McNeill and the founders say.

Publishers:techcrunch.com

Reality

Evidence35
Adoption40
Hype gap+35
Incentives80
Confidence40