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NYC-based Confido, a provider of AI-powered workflow automation tools for consumer packaged goods companies, raised a $55M Series B led by Insight Partners (AlleyWatch)

Consumer packaged goods brands operate on razor-thin margins, yet the finance, accounting, trade spend, and operations work that protects …

Confido, a New York City-based company, has secured $55 million in Series B funding. The round was led by Insight Partners. Confido provides AI-powered workflow automation tools for companies that produce consumer packaged goods.

The funding comes as consumer packaged goods brands operate on tight margins. Confido's tools aim to streamline finance, accounting, trade spend, and operations work.

There is no additional information on how Confido plans to use the funding. According to AlleyWatch, the company offers AI-powered workflow automation tools.

Brief written by urgent.news from Techmeme, GamesIndustry — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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