Trive Capital Invests in PavCon to Expand AI Analytics for Defense
In a press release, Trive Capital announced its investment in PavCon, a provider of predictive analytics and decision-support solutions for the U.S. Department of War. The Dallas-based private equity firm stated that the partnership aims to accelerate PavCon's growth and enhance its data-driven defense capabilities.
Founded in 2012, PavCon develops artificial intelligence and data analytics tools that convert unstructured data into operational insights for mission-critical supply chain and efficiency initiatives. The company’s solutions are used to improve readiness and resource optimization within defense modernization programs.
Trive Capital said it plans to support PavCon by investing in its workforce, technology, and scalable operating model. PavCon’s CEO, Milissa Pavlik, noted that the partnership will allow the company to expand its capabilities and continue delivering analytics solutions for complex defense operations.
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