Hale Bullen, Investment Manager at PS27 Ventures, shares a case study of portfolio company OnRamp's enterprise AI agent deployment with CVS.
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“One of our portfolio companies, OnRamp is actually leveraging AI agents to onboard new products at companies wherever they may be implementing that technology. So as a quick example, CVS, who's one of their clients, whenever they have a new drug that they want to kind of introduce to a store to bring onto a shelf, that actually takes a good bit of time from CVS giving the stamp of approval to say, yes, we want this new Tylenol or new whatever the drug might be on the shelf to actually Us, you or I, Christian, being able to purchase it. So what they did was they've taken that time from about six months and with their AI agent, and that they've shortened it to about one and a half to two months.”
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