Sparkbox.ai

Data-driven pricing and inventory decisions for busy merchandising teams. www.sparkbox.ai

General Information
Company Name
Sparkbox.ai
Founded Year
2018
Location (Offices)
Manchester, United Kingdom +1
Founders / Decision Makers
Number of Employees
14
Industries
Retail
Funding Stage
Non Equity Assistance
Social Media

Sparkbox.ai - Company Profile

Sparkbox is a Retail planning, price optimization, and insights platform founded in 2018 and based in the United Kingdom. The company's slogan "Data-driven pricing and inventory decisions for busy merchandising teams" reflects its primary function. Sparkbox utilizes machine learning to assist merchandising teams in making data-driven pricing and inventory decisions, ultimately enhancing profitability and reducing waste.

The company's focus on improving full price sell through, planning better markdowns and promotions, and its ability to deliver tangible results quickly is evident. In a recent trial with a major high street fashion retailer, Sparkbox managed to improve cash margin by an impressive 34% in just 34 days, illustrating the positive impact of its solutions. This success is showcased on their website through a comprehensive case study.

With a team consisting of former retail data scientists and merchandisers, Sparkbox places significant emphasis on user experience, aiming to empower merchandisers with the data they need to drive value sustainably. The company's mission is clear - to modernize merchandising, eliminate guesswork, and equip individuals with the necessary tools to make informed retail decisions.

Sparkbox's dedication to its mission and values is evident not only in its product but also in its growth strategy. The company is open to collaboration and growth opportunities, seeking like-minded individuals to join its team and contribute to its mission. For more information, interested parties can reach out to Sparkbox through their website www.sparkbox.ai or via email at [email protected].

Taxonomy: Merchandising, Price Optimization, Inventory Management, Forecasting, Retail Planning, User Experience, Data-driven Decisions, Cash Margin Improvement, Merchandise Planning, Promotions, Retail Analytics

Funding Rounds & Investors of Sparkbox.ai (3)

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Funding Stage Amount No. Investors Investors Date
Non Equity Assistance Unknown - 08 Mar 2023
Seed Round £1.50M 1 03 Mar 2022
Seed Round Unknown 2 TLT 01 Mar 2020

Latest News of Sparkbox.ai

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No recent news or press coverage available for Sparkbox.ai.

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