Invent Analytics
Invent.ai is an AI-decisioning platform designed to empower retailers with 'superpowers' for planning and operational decision-making, aiming to increase revenue and margins. The platform integrates retail planning data, predicts outcomes, and optimizes inventory, pricing, and merchandising. With a unique approach combining breakthrough AI and deep retail expertise, Invent.ai helps retailers navigate market changes and make precise decisions for long-term success. The company guarantees results within three months, backed by a team of over 200 retail, data, and AI experts. They have strategic partnerships with cloud providers like Microsoft Azure and AWS. Their solutions are trusted by global retail brands such as Famous Footwear, Five Below, Alo Yoga, Mavi, and Tailored Brands.
Invent Analytics
Invent.ai is an AI-decisioning platform designed to empower retailers with 'superpowers' for planning and operational decision-making, aiming to increase revenue and margins. The platform integrates retail planning data, predicts outcomes, and optimizes inventory, pricing, and merchandising. With a unique approach combining breakthrough AI and deep retail expertise, Invent.ai helps retailers navigate market changes and make precise decisions for long-term success. The company guarantees results within three months, backed by a team of over 200 retail, data, and AI experts. They have strategic partnerships with cloud providers like Microsoft Azure and AWS. Their solutions are trusted by global retail brands such as Famous Footwear, Five Below, Alo Yoga, Mavi, and Tailored Brands.
TL;DR
What they do: AI decisioning platform for retail inventory, pricing, and merchandising optimization
Founded: 2013
Headquarters: Philadelphia, Pennsylvania, United States
Scale: ~310 employees
Recent funding: Series B announced Apr 29, 2024 (~$17M); total reported funding $24.5M
Famous Footwear, Five Below, Alo Yoga, Mavi, Tailored Brands
Company Overview
Problem Domain
Retail planning, inventory optimization, pricing and merchandising optimization for retail and FMCG
Founded
2013
Industry
Retail technology / Analytics
Tech Stack
Funding Track Record
$7,500,000.00
Reported Series A round (Dec 6, 2022)
$17,000,000.00
Reported Series B round (Apr 29, 2024); named investors include EBRD Venture Capital and Collective Spark
Investor Signal
“LFX Venture Partners led Series B; other investors reported include EBRD Venture Capital and Collective Spark”