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INFORMS announces the results of the 2025 election for the Board of Directors. These new members will begin their tenure on the board beginning January 1, 2026.

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INFORMS has named Anna Nagurney, the Eugene M. Isenberg Chair in Integrative Studies at the University of Massachusetts Amherst, as the recipient of the 2025 INFORMS President’s Award.

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INFORMS has named 12 distinguished leaders as 2025 INFORMS Fellows, one of the highest professional honors in operations research, analytics and AI.

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The Rounds Raises $24M Series B to Accelerate Sustainable, AI-Driven Last-Mile Delivery

The Rounds Raises $24M Series B to Accelerate Sustainable, AI-Driven Last-Mile Delivery

Associated Press, August 21, 2024

NEW YORK, Aug. 21, 2024 /PRNewswire/ -- The Rounds, an inventory management platform that delivers recurring grocery and household essentials in reusable packaging, today announced a $24 million Series B funding round led by Moderne Ventures, with participation from FJ Labs and existing investors, bringing its total funding to date to $66 million. The company will use the investment to scale its AI-powered service, strategically focusing on profitable growth in existing markets, expanding its team across machine learning, data science, and executive leadership, and launching new markets. The funding comes at a time of rapid progress towards market profitability. Since its Series A, The Rounds has posted 6X revenue growth, opened a state-of-the-art facility in Washington D.C., launched cold chain operations, and extended its closed-loop supply chain with local vendors.

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