AI based Workforce Optimization Startup FriarTuck Raises S$5 Million Series A Financing from Philips and SEEDS Capital

FriarTuck, a Singapore-based developer of enterprise software, has raised US$3.63 million in series A funding from Philips, the Dutch tech giant, and Seeds Capital, the investment arm of government agency Enterprise Singapore. FriarTuck is co-founded by Computer Engineering graduate Alan Sevugan and National University of Singapore Associate Professor Martin Henz. The startup develops artificial intelligence-driven tech solutions to make operations more efficient. Its WorkforceOptimizer platform runs the gamut of functions, from budgeting and payroll to managing employee shifts and supply chains.

Digital News Asia, 12 September 2018
Tech In Asia, 10 September 2018
e27, 10 September 2018
Yahoo! News, 10 September 2018