Fountain9 (YC W21) (Acquired by Rappi)
Reduce out-of-stock losses and food wastage with our predictive inventory planner
Reduce out-of-stock losses and food wastage with our predictive inventory planner
Fountain9 (YC W21) (Acquired by Rappi)
Slogan: Reduce out-of-stock losses and food wastage with our predictive inventory planner
Description: Fountain9 is a Y Combinator backed company, which offers predictive inventory planning and optimization software for e-commerce, DTC and retail companies. Our flagship product, Kronoscope uses AI to accurately predict future inventory imbalances which lead to out of stock situations or wastage, and also recommends best ways of minimizing their impact. Kronoscope is powered by state of the art demand sensing and pricing engine which takes into account several factors like historical sales trends, seasonality, holidays, markdown events and pricing changes to predict future inventory requirements and optimize prices. Predicted inventory demand is also aligned with supply side data to identify ideal suppliers and replenishment quantities that minimize chances of stock outs or inventory wastage.
Founded: 2020
Industries: AI, Analytics, Enterprise Software, Retail, SaaS, Supply Chain, Machine Learning
Headquarter: United States
Last Investment: Non Equity Assistance investment at 03 February 2022
Last Investment Investors: HPE Digital Catalyst Program
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Non Equity Assistance | Unknown | 1 | HPE Digital Catalyst Program | 03 Feb 2022 |
| Non Equity Assistance | Unknown | 1 | Fuel | 29 Jul 2021 |
| Seed Round | $1.90M | 5 |
|
29 Apr 2021 |
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