What IVADO Labs does

IVADO Labs is a Montreal-based applied AI organization founded in 2017 that delivers predictive, prescriptive, and generative AI solutions to large enterprises, with a primary focus on supply chain optimization. Its technical stack combines machine learning, operations research, and mathematical optimization — rather than foundation-model development — to address revenue management, demand forecasting, inventory optimization, predictive maintenance, and retail space planning for clients including Air Canada, Roche, Bombardier, Couche-Tard, Cascades, Ray-Mont Logistics, Port de Montréal, and CAE. The company's differentiating capability is the integration of OR-based prescriptive optimization with predictive ML, reflected in approximately ten registered AI patents and a senior team drawn from Element AI, JDA, McKinsey, BCG, and PwC/Strategy&.

The business model is enterprise AI consulting and custom solution development sold via direct field sales, supplemented by program management fees from government initiatives. IVADO Labs was an execution arm of the Quebec-funded INVEST-AI program (2019-2024), which channeled CAD grants to 95 companies across 100 projects with a reported >97% commercial deployment rate, and operates as a commercialization vehicle for the IVADO Institute and SCALE AI supercluster. Productized offerings include AI-powered planogram optimization for retail, alongside custom engagements spanning NLP, computer vision, and multimodal AI applications across industries such as aerospace, healthcare, media, and manufacturing.

Revenue is undisclosed and the entity carries a nonprofit designation in some filings while operating with for-profit commercial discipline; its CAD $44.8 million anchor grant from the Government of Quebec in 2018 remains the largest single disclosed capital event. Customer concentration is spread across multiple named enterprise logos spanning airlines, pharmaceuticals, aerospace, retail, logistics, and ports, with no individual customer disclosed as a majority of revenue.

Name

IVADO Labs

Legal name

IVADO Labs

Website

https://ivadolabs.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

IVADO Labs is a Montreal-based applied AI consultancy founded in 2017 that builds predictive, prescriptive, and generative AI solutions — primarily for supply chain optimization — serving large enterprises across aerospace, pharmaceuticals, retail, logistics, and transportation, with deep roots in Quebec's academic AI ecosystem.

Ownership category

akta.pro rank

Product category

AI Consulting and Supply Chain Optimization Services

NAICS

Management Consulting Services (54161), Process, Physical Distribution, and Logistics Consulting Services (541614), Computer Systems Design Services (541512)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming Services (7371)

akta.pro primary industry

AI/ML Engineering & Model Development Services (BPAEAHAF)

akta.pro secondary industries

Process Mining, Predictive Process Analytics & Automation Intelligence (HDAAAHAJ), AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI), iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)

Keywords

• AI consulting services
• Supply chain optimization
• Predictive analytics
• Prescriptive optimization
• Machine learning solutions

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. AI Consulting and Implementation Services: IVADO Labs generates revenue by providing AI consulting services and developing custom solutions for enterprise clients. They work directly with companies to implement AI-driven supply chain optimization solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

IVADO Labs provides applied AI consulting and implementation services for enterprises, focused on supply chain optimization. The company combines predictive AI (forecasting), prescriptive AI (optimization), and generative AI capabilities to deliver custom solutions addressing demand forecasting, inventory management, predictive maintenance, revenue management, and retail space optimization. They work directly with large organizations to develop, deploy, and operationalize AI-driven solutions.

Product overview

IVADO Labs is a nonprofit AI consulting organization founded in 2017 that provides applied AI solutions for businesses. The company offers a portfolio of AI services organized around three core capability areas: Predictive AI (for forecasting and demand prediction), Prescriptive AI (for optimization and decision-making), and Generative AI (for content creation). Their primary service offering is supply chain AI solutions addressing revenue management, inventory optimization, predictive maintenance, and retail space optimization. IVADO Labs also manages the INVEST-AI Program, a government-funded initiative that accelerated AI adoption across 95 Quebec companies. Their engagement model combines scientific advisors, data scientists, engineers, and business consultants working together on client projects. The company operates in Montreal's AI ecosystem, providing AI-powered planogram optimization among their specific solution offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• Supply Chain AI Solutions End-to-end AI consulting and implementation services addressing enterprise supply chain challenges including demand forecasting, revenue management, inventory optimization, predictive maintenance, and retail space optimization; for large enterprises with complex supply chain operations.
• Predictive AI Services Machine learning-based forecasting and prediction solutions that enable businesses to anticipate demand, optimize inventory levels, and improve supply chain efficiency through data-driven insights. Includes demand forecasting, revenue management prediction, yield prediction, and customer churn analysis for enterprise clients.
• Prescriptive AI Services Optimization-driven AI solutions using mathematical programming and operational research to generate optimal decisions for complex logistics, scheduling, and resource allocation problems in enterprise supply chains.
• Generative AI Services AI-powered content generation and automation solutions that create written content, automated news, and creative materials for enterprise applications, including media and marketing use cases.
• AI-Powered Planogram Optimization Space optimization solution using dynamic programming and AI to generate personalized store-specific planograms that adapt to assortment unique to each location, predict demand per item, and maximize sales while minimizing restocking costs; designed for retail and convenience-store operators.
• Custom AI Consulting Services Applied AI consulting engagement model combining world-class applied scientists, developers, and business strategists to transform industries through measurable and impactful AI-driven solutions across multiple sectors beyond core supply chain.

Quantifiable outcome

• 5% increase in sales
• +2 more outcomes

Named customers9 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability13 records

Feature3 records

Partnerships

Four partnerships are on record, tiered founding, core, key and supporting.

• IVADO (Institute for Data-Driven Value)foundingStrategic or Co-development Partner · 1 January 2017IVADO Labs was launched in 2017 with significant contribution from the Quebec government, in partnership with IVADO and its founding academic institutions. This partnership provides access to a network of renowned professors from leading AI research laboratories across Canada.
• SCALE AIcoreStrategic or Co-development PartnerIVADO Labs is one of the principal execution levers of SCALE AI, the Canadian AI supercluster. This partnership provides a platform to collaborate with leading companies to offer end-to-end industrial-grade solutions designed to meet the needs of businesses of all sizes.
• BombardierkeyStrategic or Co-development PartnerBombardier partnered with IVADO Labs for AI-driven demand forecasting to improve MRO operations.
• Various AI Suppliers (Vooban, Bid Group, Moov.AI, etc.)supportingTechnology or IntegrationThrough the INVEST-AI program, various AI suppliers and technology partners were engaged to deliver AI solutions to participating companies across Quebec.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• ServiceNow: Enterprise platform company that acquired Element AI and now offers applied AI services and workflow products to large enterprises; competes with IVADO Labs for enterprise AI services and supply chain workflow engagements.
• Accenture Applied Intelligence: Global consulting giant's AI and analytics service line targeting enterprise supply chain transformations. Competes for similar enterprise RFPs and has the global delivery footprint IVADO Labs lacks.
• Deloitte AI (Omnia AI): Big Four advisory practice offering applied AI services across supply chain and operations. VP Product Jack Klejka is a former Monitor Deloitte executive.

Regional players

• Coveo: Quebec-based enterprise AI company providing applied AI solutions; comparable Canadian ecosystem player with overlapping talent pools and enterprise AI positioning.

Direct peers

• Kinaxis: Ottawa-based concurrent planning/sales & operations planning SaaS vendor with strong supply chain roots in Canada. Competes for the same enterprise supply chain optimization budgets with a productized (vs. services) model.
• McKinsey QuantumBlack: McKinsey's AI analytics practice delivering advanced supply chain, forecasting, and optimization solutions to Fortune 500 clients. VP AI Enrico Cremonese previously led AI for travel and logistics at McKinsey BeNeLux.
• Slalom: US-headquartered consulting firm with strong applied AI and supply chain practices and an extensive enterprise customer base; competes with IVADO Labs for similar transformation mandates.
• BCG GAMMA: BCG's dedicated AI/ML consulting arm competing for the same enterprise supply chain and operations analytics engagements. CSO Éric Brat is a former BCG Senior Partner who founded BCG's Montreal office.
• Element AI: Montreal-based applied AI services and product firm (acquired by ServiceNow in 2020) with overlapping founder networks and supply chain/enterprise AI capabilities. VP Data Science at IVADO Labs founded Element AI's AI core group.

Emerging players

• Palantir Technologies: Enterprise AI platform (Foundry/Gotham) increasingly used by large enterprises for supply chain, logistics, and operational decisioning; competes for AI-driven supply chain transformation budgets with a platform approach.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IVADO Labs