What is Burnt?
Burnt is developing advanced superintelligence solutions designed to fortify the global supply chain. The company's agentic platform is engineered to automate complex workflows currently hindered by legacy Enterprise Resource Planning (ERP) systems, with an initial focus on optimizing the food supply chain. The founding team, comprising Joseph Jacob, Rhea Karimpanal, and Chandru Shanmugasundaram, brings generational expertise in supply chain operations, encompassing sales, procurement, and logistics, positioning Burnt for substantial impact in the sector.
How much funding has Burnt raised?
Burnt has raised a total of $3.8M across 1 funding round:
Seed
$3.8M
Seed (2025): $3.8M with participation from Scribble Ventures and Penny Jar Capital
Key Investors in Burnt
Scribble Ventures
Scribble Ventures is a venture capital firm focused on investing in pre-seed and seed stage AI-native companies, providing initial checks of up to $1.5 million. Their investment approach emphasizes reduced dilution for founders and a hands-on post-investment support system, particularly in product development and go-to-market strategies.
Penny Jar Capital
Penny Jar Capital is an early-stage venture capital firm led by Stephen Curry, focusing on investing in exceptional founders and transformative technology companies. The firm emphasizes leveraging its extensive network and resources to support seed-stage founders, helping them navigate challenges and build successful businesses.
What's next for Burnt?
With this major enterprise-level funding and a recent strategic investment, Burnt is poised for significant expansion and technological advancement. The capital injection will likely fuel the scaling of its agentic platform, enabling broader adoption across the food supply chain and potentially other critical industries. Further development of its superintelligence capabilities is expected, aiming to address deeper inefficiencies within existing supply chain infrastructures and solidify its market leadership.
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