7thonline

Data and Demand-Driven Merchandise Planning and Allocation Powered by ML & AI

General Information
Company Name
7thonline
Founded Year
1999
Location (Offices)
New York, United States +1
Founders / Decision Makers
Number of Employees
26
Industries
E-Commerce, Information Technology, Retail +2
Funding Stage
Series A
Social Media

7thonline - Company Profile

7thonline is a leading SaaS solution, powered by analytics and ML/AI, specializing in merchandise planning and demand forecasting for global retailers and wholesale brands. The company's clientele includes renowned names like Patagonia, Michael Kors, Canada Goose, Calvin Klein, Jimmy Jazz, and Tommy Hilfiger, and has successfully facilitated tangible results such as higher inventory turns, decreased markdowns, increased fill rate, and greater margins. Its comprehensive suite of merchandise and assortment management solutions aids customers in driving profit margins through effective inventory optimization based on granular-level demand insights. Founded in 1999 and headquartered in the United States, 7thonline recently secured a $2.00M Series A investment on 01 October 2001 from investors including Patricof & Co. Ventures, Himalaya Capital Ventures, Stonehenge Capital Company, Chazen Capital Partners, Silicon Alley Venture Partners, and The New York City Investment Fund. With a focus on data and demand-driven merchandise planning and allocation, powered by ML & AI, 7thonline is strategically positioned to assist progressive brands and retailers in meeting today’s omni-channel challenge, facilitating integrated merchandising decisions based on localized demand across retail, wholesale, and eCommerce channels.

Taxonomy: Retail technology, Demand forecasting, Inventory management, Merchandise planning, ML, Data science, Omnichannel, Wholesale, Apparel technology, Cross-channel management, Predictive analytics, Cloud-native solution, Supply chain

Funding Rounds & Investors of 7thonline (2)

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Funding Stage Amount No. Investors Investors Date
Series A $2.00M 6 The New York City Investment Fund 01 Oct 2001
Series A $3.00M 4 The New York City Investment Fund 01 Aug 2001

Latest News of 7thonline

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No recent news or press coverage available for 7thonline.

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