What is Burnt?
Burnt is developing superintelligence to enhance the global supply chain, focusing on automating legacy ERP system workflows, beginning with the food supply chain. The company's agentic platform is designed to streamline operations and improve efficiency. Founded by Joseph Jacob, Rhea Karimpanal, and Chandru Shanmugasundaram, Burnt benefits from its founders' generational expertise in supply chain sales, procurement, and operations.
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 specializing in pre-seed and seed-stage AI-native companies, known for providing initial investment checks and hands-on support in product development and go-to-market strategies.
Penny Jar Capital
Penny Jar Capital, led by Stephen Curry, is an early-stage venture capital firm that invests in transformative technology companies and exceptional founders, leveraging its network to provide strategic guidance and support for growth.
What's next for Burnt?
The substantial enterprise-level funding positions Burnt for significant scaling and technological advancement. This capital injection is expected to accelerate the development and deployment of its AI-driven automation platform across the food supply chain and beyond. The company's strategic focus on legacy system integration suggests a path toward becoming a critical infrastructure provider in global logistics, aiming to redefine operational efficiency and resilience.
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